TikTok said it now has until Nov. 27 to reach an agreement. ByteDance has been in talks for a deal with Walmart Inc and Oracle Corp to shift TikTok's U.S. assets into a new entity. The U.S Treasury did not immediately comment on Friday.
Credit Suisse on Wednesday posted its highest quarterly earnings in four years, confirming its 2019 profitability target after second-quarter earnings jumped 45per cent.
The retail investor advocacy group described OCBC’s privatisation bid for its insurance arm Great Eastern as having created a “dilemma to minority shareholders where they are not given a choice”.
SEOUL: The de facto chief of South Korea's Samsung business empire will "humbly accept" the court ruling that sentenced him to two-and-a-half years in prison for corruption and will not appeal, his lawyer said on Monday (Jan 25). Lee Jae-yong, vice-chairman of Samsung Electronics, the world's ...
The proposed takeover is expected to entrench and strengthen Grab’s already-dominant position in the ride-hail platform market, which would not benefit drivers and passengers, said CCCS.
Large bitcoin miners fleeing China to escape a state crackdown will take many months to start operating again, as data centres from Texas to Siberia scramble to secure space and power for them, while many smaller players may struggle to move at all.
SINGAPORE: South Korean travel retailer Lotte Duty Free has taken over the liquor and tobacco concession at Changi Airport, making it the first time a new operator has helmed this key concession since DFS Group in 1981. Renovation works for Lotte’s stores at Changi Airport will take place in...
