Markets

BP plans to cut around 15per cent of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas company to renewable energy, company sources told Reuters on Monday.

Sports footwear giant Reebok has decided to end its partnership with CrossFit Inc. later this year following an insensitive comment by the fitness organization's chief executive concerning protests against racial injustice roiling the US.

China's Huawei Technologies has launched a British advertising blitz to highlight its role in building the country's broadband and mobile networks ahead of a UK security review that could see further restrictions on its activities.

COPENHAGEN: Denmark wants to be able to exclude 5G technology suppliers from providing critical infrastructure in Denmark if they are not from countries considered security allies, technology media ITWatch reported on Monday. "In order to protect Denmark and the Danes, we want to collaborate with ...

BP plans to cut around 15per cent of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas company to renewable energy, company sources told Reuters on Monday.

Indonesia's Indofood CBP Sukses Makmur plans to buy instant noodle maker Pinehill for $3.0 billion as it eyes growth in Africa and the Middle East, according to a stock exchange filing.

U.S. stock index futures rose on Monday as a surprisingly upbeat jobs report last week added to optimism that the world's biggest economy has weathered the worst fallout of the coronavirus outbreak.

Power provider PG&E Corp said on Monday it plans to raise US$5.75 billion from public offerings to partially fund its emergence from Chapter 11 bankruptcy.

Power provider PG&E Corp said on Monday it plans to raise US$5.75 billion from public offerings to partially fund its emergence from Chapter 11 bankruptcy.

Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from China's decision to impose a national security law on the city, five people said.