BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month.
HONG KONG: Investor nerves over the spread of a deadly new virus from China hammered Asian equities and oil benchmarks on Thursday (Jan 23), as authorities moved to contain the disease. More than 570 people have been infected with the coronavirus across China and Wuhan, the city at the...
Britain will soon decide what role China's Huawei will have in its 5G telecommunications network but there are only a limited number of alternative providers, business minister Andrea Leadsom said on Thursday.
Boeing Co's new chief executive has sent the aerospace giant back to the drawing board on proposals for a new mid-market aircraft, effectively shelving in their current form plans worth US$15 billion-US$20 billion that had been overtaken by the 737 MAX crisis.
Siemens Chief Executive Joe Kaeser said he was seeing a more positive mood among the German engineering company's clients at the start of the year, he told CNBC on Thursday.
A number of Chinese listed companies - ranging from biotech firms, drugmakers, mask producers and thermometer manufacturers - announced efforts in response to a national call to fight the outbreak of the Wuhan coronavirus.
SINGAPORE: Singapore Airlines' budget carrier Scoot on Thursday (Jan 23) cancelled its daily flight to China's Wuhan, after authorities locked down the city at the centre of a fast-spreading virus outbreak. Singapore-Wuhan flights between Jan 23 and Jan 26 will be cancelled, said Scoot in an ...
SINGAPORE: Singapore's core inflation inched up to 0.7 per cent year-on-year in December, mainly due to higher services inflation, the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) said in a joint news release on Thursday (Jan 23). This was a rise from the 0.6...
BERLIN: German smartphone bank N26 now has 5 million customers, the founder of Berlin's leading fintech startup said, representing an increase from the 3.5 million users it reported last summer. N26, last valued by investors at US$3.3 billion, is growing fastest in its main European markets while ...
Amazon.com Inc on Wednesday said it filed a motion to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up to US$10 billion cloud computing deal until a court rules on its protest of the contract award.
