Online travel services company Expedia Group Inc is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about US$1 billion, the Wall Street Journal reported on Tuesday.
SEOUL: South Korean exports plunged nearly 27 per cent in the first 20 days of April as the COVID-19 health crisis paralysed global manufacturing activity and crushed consumer demand. The worst may be yet to come with many of the country's top trading partners still in lockdowns to contain the...
Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20per cent and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak.
Facebook Inc announced a US$5.7 billion investment in Reliance Industries Ltd's telecom unit on Wednesday, making it the largest minority shareholder in Jio Platforms Limited.
Investors are in for more bad news on the energy front in the coming weeks as a host of the sector's biggest companies report quarterly results following the historic collapse in oil prices.
Asian share markets were set to tumble on Wednesday as the floor fell out from under U.S. crude prices, exposing the deep damage the coronavirus pandemic has had on global economic demand.
As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group.
United Airlines Holdings Inc on Tuesday announced a stock offering of 39.25 million shares, sending its shares down 3per cent in extended trading.
SINGAPORE: The lack of information from some coworking space providers on rental rebates continues to frustrate small business owners, even as the Government implements measures designed to offer relief from some rent obligations amid the COVID-19 outbreak. The COVID-19 (Temporary Measures) Bill ...
The coronavirus outbreak has transformed the working world. But the biggest question may be what took us so long to make that leap into remote working in the first place, asks Crispina Robert.























