Anheuser-Busch InBev is planning to raise about US$5 billion from a revived float of its Asian operations after the world's largest beer maker shelved a Hong Kong IPO in July, people with knowledge of the matter said.
Huawei Technologies' device business, comprising mainly smartphones, made a 11 billion yuan (US$1.55 billion) profit in the first half of this year - as much as it earned in all of 2018 - a rare regulatory filing showed.
SINGAPORE: A digital industry group co-founded by US tech giants Google, Facebook and Twitter has slammed the recommendations made by the Australian Competition and Consumer Commission (ACCC) to tighten control over these online platforms. Digital Industry Group (DIGI), a not-for-profit group that ...
A 'no-deal' Brexit could snarl cross-Channel trade routes, disrupting supplies of medicines and fresh food while protests spread across Britain, according to a worst-case scenario reluctantly released by the government on Wednesday.
French Finance Minister Bruno Le Maire said on Thursday Facebook's Libra cryptocurrency cannot operate in Europe under current conditions, citing systemic financial risks, risks for sovereignty, and the potential for abuse of market dominance.
HONG KONG: Hong Kong stock exchange shares fell more than 3 per cent on Thursday as investors raised concerns about the political and regulatory risks involved in its US$39 billion approach to take over London Stock Exchange (LSE). The proposed deal aims to create an exchange powerhouse spanning ...
Waymo is exploring deploying its self-driving technology in the trucking industry, CEO John Krafcik said on Thursday, as it works with industry partners to seize a commercial opportunity from a looming shortage of human drivers.
At its massive Baimashan plant near the Yangtze river in eastern China, cement giant Anhui Conch has invested the best part of US$10 million (8 million pounds)in new equipment to capture and store climate-warming greenhouse gas produced by its kilns.
Mexico's US$5 billion rescue package to pay down debt at Pemex is a one-of-a-kind transaction that should give the struggling state oil company breathing space to focus on output and costs, Deputy Finance Minister Gabriel Yorio said.
Google won a victory on Thursday after Europe's top court said Germany has to notify the European Commission of a rule allowing publishers to demand a copyright fee from the U.S. tech giant for using news snippets.
