Canadian billionaire Lawrence Stroll will take a roughly 20per cent stake in Aston Martin for nearly 200 million pounds (US$263 million) as the ailing carmaker raises funds to turn around a poor performance hit by weaker-than-expected sales.
Japan's financial institutions must guard against cyber-attacks ahead of the 2020 Tokyo Olympic Games, with nearly 40per cent of banks and other firms experiencing attacks over the past three years, the Bank of Japan said on Friday.
Hitachi Ltd said on Friday it would spend 531.1 billion yen (US$4.84 billion) to take full control of industrial equipment unit Hitachi High-Technologies through a tender offer.
Japanese gaming giant Nintendo said Friday there would be no fresh model of its hot-selling Switch console this year, dashing the hopes of fans eager for a new version.
SHANGHAI: Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets reopen next week, with traders set to work shifts and sales staff restricted to online-only pitches, sources said. Banks and brokers will also be paying ......
Tech and internet titans were the first to reach US$1 trillion in stock market value, but the next U.S. companies that could do so are better known for their plastic.
The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said.
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines' pilots filing a lawsuit seeking an immediate halt.
The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said.
Levels of preparedness in the corporate world across Asia still vary widely from the best practices, to the minimally prepared, to the unprepared, says SafePro’s Ross Darrell Feingold.
