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Google seals takeover of Looker after UK green light

Alphabet Inc-owned Google said on Thursday it has completed its US$2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences after winning clearance from Britain's competition watchdog.

Markets

Barclays CEO probed over Epstein ties, overshadowing profit gains

Britain's financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said on Thursday.

Markets

Xiaomi CEO urges China’s smartphone industry to return to work as soon as possible

Xiaomi Corp CEO Lei Jun urged China's smartphone industry to return to work as soon as possible, as the coronavirus outbreak disrupts business activity across China.

Markets

Japan’s Asahi says Korean boycott cost it US$27 million last year

Japanese beer and beverage maker Asahi Group Holdings said a South Korean consumer boycott of Japanese goods cost it around 3 billion yen (US$27.32 million) last year.

Markets

Vietnam Airlines says losing US$10.8 million in revenue a week due to virus

HANOI: Vietnam Airlines said on Thursday (Feb 13) it was losing up to 250 billion dong (US$10.8 million) per week in revenue due to travel curbs resulting from the coronavirus. The country's flag carrier is reducing operations and trying to cut costs to ride out the impact of the...

Markets

Airbus targets operating profit gain in 2020, after bribery settlement net loss

Airbus plunged to a 1.362 billion euro (US$1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged to increase operating profit and deliver 880 commercial jets this year.

Markets

With China needing virus masks, phone and diaper makers fill void

A diaper manufacturer in eastern China was closed for the Lunar New Year holiday when it heard from officials -- China needed vast amounts of masks to fight a deadly virus epidemic and factories needed to chip in.

Markets

Pentagon set to back Huawei restrictions: Report

The Pentagon is likely to back restrictions to Huawei Technologies, reversing earlier opposition to a proposal meant to further crack down on U.S. exports to the blacklisted Chinese technology company, Politico reported on Wednesday.

Markets

Tesla seeks approval to build longer range Model 3s in China

Tesla Inc is seeking approval from Chinese regulators to offer a new China-made Model 3 variant, a government document shows.

Markets

F&B, retail businesses in CBD feel pinch as people work from home amid coronavirus concerns

SINGAPORE: Valentine’s Day is the occasion when Mdm Wong Li Hua makes the most money in the year. But the florist was visibly frustrated when she spoke to CNA. Sales at her shop at The Arcade have fallen by 50 per cent compared to the same period last year after Singapore...

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