Markets

Brazil's shake up of state-run oil firm Petrobras has caused shockwaves at home but may also prompt some bond investors to rethink their US$1 trillion-plus exposure to other government-controlled companies across emerging markets.

TAIPEI: Taipei slammed a sudden Chinese ban on Taiwanese pineapples, describing the move on Friday (Feb 26) as "economic intimidation" and likening it to recent tariffs Beijing slapped on Australian wine. The trade to China - which views the island as part of its territory awaiting reunification ...

Nissan Motor Co said on Friday it has reached a breakthrough in achieving a 50per cent thermal efficiency with its in-development e-POWER hybrid technology, which could lead to a further reduction of car CO2 emissions.

Airbus is working on hybrid-electric propulsion among the options for reducing jetliner emissions, the European planemaker said on Friday.

British Airways-owner IAG posted a loss of 4.37 billion euros (US$5.31 billion) for 2020 after a year of minimal flying and burning through cash, and it warned on Friday it could not say what would happen in 2021.

A Rossiya Airlines Boeing 777 cargo plane made an emergency landing at Moscow's Sheremetyevo airport on Friday due to a problem with an engine control sensor, said airline said.

China's Ant Group is in talks with other shareholders in its new consumer finance unit to bolster the firm's capital as the fintech giant prepares to fold in its lucrative micro-lending businesses, people familiar with the matter said.

PARIS: European planemaker Airbus on Friday (Feb 26) joined a growing list of companies outlining the environmental impact of their products, as aviation aims to reshape itself after the COVID-19 crisis. Major companies are under increasing pressure from investors and climate change activists to ...

U.S. investment company Artisan Partners joined activist investor Bluebell Capital Partners on Friday in demanding that French food group Danone finds a new chief executive.

SINGAPORE: Singaporean commodity trader Olam International, which is dividing its portfolio of diverse products into two new operating businesses, said on Friday (Feb 26) that it plans to list its food ingredients segment by the first half of next year. The carve-out and separation of Olam Food ...