Emaar Properties is selling the observation decks of the world's tallest skyscraper the Burj Khalifa, four sources told Reuters, potentially raising US$1 billion for Dubai's biggest developer amid a real estate downturn.
The Irish High Court on Monday rejected Ryanair's attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.
Cerberus, one of Deutsche Bank's largest shareholders, will no longer provide paid advice to the bank on how to run its business, a person with knowledge of the matter said on Monday, a role that has been criticized for potential conflicts of interest.
SINGAPORE: A consultancy services provider has been sentenced to six months in jail and ordered to pay a penalty for evading taxes, the Inland Revenue Authority of Singapore (IRAS) said on Monday (Dec 23). Ng Wee Kheng, the sole proprietor of a consultancy service company, had made false entries ...
U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan (US$1.4 billion), five-year loan facility for the automaker's Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan....
SoftBank Group Corp's talks to secure US$3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a US$9.5 billion rescue package for WeWork.
BEIJING: China's Meituan Dianping said on Monday (Dec 23) it will make improvements to its platform after one of its delivery men stabbed a supermarket staffer to death on the weekend, prompting debate on social media over the pressures faced by such workers. The case was one of the...
The global use of Facebook's Libra and other stable coins could curb the Chinese yuan's international development, the official Xinhua news reported on Monday, citing the central bank's vice governor Chen Yulu.
Bayer shares rose as much as 3.5per cent on Monday, reaching their highest level in 14 months, after the United States government said that a US$25 million glyphosate decision against the company should be reversed.
Credit Suisse and law firm Homburger will continue their investigation into employee observation at the bank, a spokesman said, after the bank on Monday confirmed a second former executive was tailed.
