SINGAPORE: United Arab Emirates utility firm Utico on Friday (Sep 27) said it will support “any extension” in Hyflux’s debt moratorium, if the move is “not prejudiced” towards creditors or retail investors. This means that the Hyflux board and advisers will need to ensure “no value leakage” in the...
Asian markets fell Friday following declines on Wall Street as the impeachment inquiry into President Donald Trump weighed on sentiment.
Marathon Petroleum Corp said on Friday the company's board supports Gary Heminger as the chief executive officer after a report that two shareholders were calling for his ouster.
Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20per cent from around 17per cent now, expanding their partnership to invest more effectively in new technologies, Nikkei reported on Friday.
The European Union and Japan signed an infrastructure deal on Friday to coordinate transport, energy and digital projects linking Europe and Asia, seeking an alternative to Chinese largesse that has raised suspicion in Brussels and Tokyo.
BEIJING: Beijing on Friday (Sep 27) rejected an AFP report that Chinese hackers were suspected of being behind a series of cyberattacks on European aerospace giant Airbus. The hackers targeted Airbus suppliers - British engine-maker Rolls-Royce, French technology consultancy and supplier Expleo ...
SINGAPORE: The United States and China should reconsider their approaches in a trade war that has seen both countries assert strong views without a willingness to compromise, Prime Minister Lee Hsien Loong said, calling the dispute “very worrying” for the world. “This is not a struggle which can ......
Boeing Co failed to adequately consider how pilots respond to cockpit emergencies in its 737 MAX safety assessment and may need to make changes to flight deck alerts, pilot procedures and training, the National Transportation Safety Board said.
HANOI: Samsung Electronics is studying the possibility of building another factory in northern Vietnam, already the South Korean electronics giant's key production base, a local official said on Friday (Sep 27). "Samsung is looking to lease an area of 500-1,000 hectares in Hoa Binh province to ...
SoftBank Group CEO Masayoshi Son is no stranger to controversy, but a meltdown at WeWork has sparked pointed questions about whether his enormous investments and futuristic pronouncements are more style than substance.