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Carnival Corp Chief Executive Officer Arnold Donald defended the company’s safety record on Thursday, telling reporters in a media call that Carnival followed protocols from international authorities while handling high-profile coronavirus outbreaks aboard two of its ships.

PARIS: The French government may call on banks to contribute to a bailout of Air France KLM if it offers state support to the struggling airline, the finance minister said on Thursday (Apr 16). The government has earmarked 20 billion euros (US$21.7 billion) to recapitalise - or nationalise if...

BANGKOK: In the months leading up to the COVID-19 pandemic, the world’s aviation industry was facing some of its steepest environmental and ideological challenges. Damaging carbon emissions remained on the rise and “flight shaming”, driven by teenage activist Greta Thunberg, had travellers ...

Amid calls to lower commission fees, food delivery apps should rethink their business operations – including considering asking some consumers to pay more, says Jonathan Chang.

Japan, despite its high-tech reputation, has very low-tech tastes, says Financial Times’ Leo Lewis.

The French government may call on banks to contribute to a bailout of Air France KLM if it offers state support to the struggling airline, the finance minister said on Thursday.

SINGAPORE peer-to-peer lender Validus Capital in March registered a 50 to 75 per cent jump in applications for unsecured loans, a sign of credit demand from cash-strapped enterprises hit by the virus outbreak.

SINGAPORE's three local banks have a combined exposure of at least US$600 million to troubled oil trader Hin Leong Trading, sources familiar with the matter have told The Business Times.

IN 2008, as the global financial system was melting down, America's largest banks continued paying dividends. Those shareholder payouts were made both by institutions that were holding up amid the storm, like Bank of America, and by companies that were teetering on the brink. Both Lehman Brothers...

SINGAPORE-BASED private equity firm Chartered Group is raising a US$500 million fund that seeks to invest in Israel-related deep tech firms and incubate them in Japan, as part of a collaboration with Mafat, the research and development unit of Israel's Ministry of Defence.