Markets

RIDE-HAILING firm Grab and insurer Chubb are providing driver-partners and delivery-partners a free insurance benefit effective Wednesday until March 19.

RIDE-HAILING giant Grab and insurer Chubb are teaming up to provide drivers and food delivery service providers with a free insurance benefit, effective Wednesday until March 19.

German sportswear group Puma on Wednesday said it expected China's coronavirus outbreak to hit its sales and profits in the first quarter but it still hopes to reach its targets for 2020.

SoftBank Group Corp said on Wednesday it plans to borrow up to 500 billion yen (US$4.5 billion) from 16 domestic and foreign financial institutions using almost a third of its stake in telco SoftBank Corp as collateral.

Vodafone and Telekom Italia have offered to allow rivals access to sites in some cities for up to nine years, a proposal aimed at allaying EU antitrust concerns over the creation of Italy’s largest mobile tower company, according to an EU document seen by Reuters.

SINGAPORE: Certificate of Entitlement (COE) premiums closed mixed in the latest bidding exercise on Wednesday (Feb 19). For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$32,999, up from S$30,010 in the last exercise. Premiums for larger and ...

Investigators with India's antitrust watchdog have found no evidence that the country's biggest airline, IndiGo , and four rival carriers colluded to fix ticket prices, three sources with direct knowledge of the matter told Reuters.

Indonesia's Finance Minister Sri Mulyani Indrawati on Wednesday submitted a proposal to parliament to levy excises on sugar - and artificially sugar-sweetened drinks as well as vehicles that emit carbon dioxide.

South Korea's ride-hailing service Tada, a smash hit since its launch just over a year ago, was cleared of transport law violations in court on Wednesday, a rare victory in a market that has been particularly unkind to ride-hailing companies.

STANDARD Chartered has appointed Kahina van Dyke as global head, digital channels and client data analytics at the bank’s corporate, commercial and institutional banking (CCIB) division. She will be based in Singapore.