Markets

Europe's biggest copper smelter Aurubis is set to win EU antitrust approval for its planned 380-million-euro (US$412 million) acquisition of Belgian-Spanish metal recycling group Metallo, people familiar with the matter said on Tuesday.

Norwegian Air , the budget carrier that is fighting for its survival, has made some amendments to the terms of its debt-to-equity conversion plan in response to demands from bondholders, it said on Tuesday.

Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly US$750 million payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers.

Japanese automakers saw a 34per cent fall in global vehicle sales in March when the coronavirus outbreak began to spread globally, and face a further tumble in the coming months.

Amazon.com Inc may have violated safety measures and labor practices amid the coronavirus pandemic as it fired a warehouse protest leader last month, New York Attorney General Letitia James's office wrote in a letter to the company last week.

Rovio Entertainment, maker of the 10-year-old "Angry Birds" mobile game series, on Tuesday reported an almost 75per cent rise in first-quarter profit, helped by lower costs.

BP's first quarter profits tumbled by two-thirds as the coronavirus crisis hammered oil demand and the energy major's debt rose sharply as it warned of exceptional uncertainty ahead.

Diageo , the world's largest spirits maker, launched a US$2.5 billion bond offering on Tuesday, weeks after suspending its share buyback programme in response to the coronavirus crisis.

AMSTERDAM: Dutch telecom provider VodafoneZiggo will make 5G services available in large parts of the Netherlands on Tuesday, making it the first carrier to offer the technology in the country. VodafoneZiggo, a joint venture of Vodafone and U.S. based cable firm Liberty Global, said it would ...

THE Singapore Exchange (SGX) and China securities firm CITIC Securities Company have signed a wide-ranging strategic cooperation agreement to collaborate across multiple areas.