Markets

FRANKFURT: German engineering company Siemens saw the volume of business contract by as much as 20 per cent in the three months to June and activity in 2021 would stay below 2019 levels, the chief financial officer told Boersenzeitung (BoeZ). Ralf Thomas told Saturday's edition of the newspaper ......

Philippine immigration officers falsified records to show ex-Wirecard executive Jan Marsalek briefly visited the country after he was sacked from the collapsed German payments processor, the justice minister said Saturday.

Two top executives from one of the world's largest gaming companies have left the firm during an investigation into allegations of sexual harassment and abuse.

Troubled Sembcorp Marine is getting a reprieve. Money Mind makes sense of the recapitalisation deal for the marine firm.

BUENOS AIRES: Argentina's economy is expected to contract by 12 per cent in 2020, a monthly central bank poll of analysts showed on Friday (Jul 3), worse than the previous estimate of a 9.4 per cent decline, as output is ravaged by measures to tame the COVID-19 outbreak. The central bank...

HANOI: Vietnam's government will sell its remaining 36 per cent stake in the country's largest brewer Sabeco by the end of this year, according to a government document released this week. Vietnam has been seeking to speed up its privatisation of state-owned firms in recent years to improve their ......

Japan's Sharp Corp said on Saturday it is sticking to an original plan to list its laptop making unit in the business year from next April, denying a media report that it may take the unit public this year.

The European Commission said on Friday it had given conditional approval for the use of COVID-19 antiviral remdesivir following an accelerated review process.

Boeing Co and suppliers set the final number of parts it would need for the 747 jumbo jet program at least a year ago, signaling the end for a plane that democratized global air travel in the 1970s but fell behind modern twin-engine aircraft, industry sources said on Friday....

Boeing Co and suppliers set the final number of parts it would need for the 747 jumbo jet program at least a year ago, signaling the end for a plane that democratized global air travel in the 1970s but fell behind modern twin-engine aircraft, industry sources said on Friday....