Markets

JOHOR BAHRU: Singaporean shoppers headed to Kuala Lumpur, Penang and Melaka will now be able to make purchases with their NETS ATM card. The number of NETS acceptance points across Malaysia have increased from 4,500 to 7,400 points, and they can now be found in the three major cities in addition ......

Brazilian state-controlled lender Banco do Brasil SA sees its profits likely to grow 10per cent in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.

Peugeot maker PSA Group is preparing to sell its 50per cent stake in a joint venture with Chongqing Changan Automotive , a Chinese partner also exiting the manufacturing tie-up, a spokesman for the French carmaker said on Thursday.

Hedge funds control 35-45per cent of the shares of German lighting group Osram , posing a headache for Austrian suitor AMS as the investors may press for the US$5 billion offer to be sweetened, a person close to the matter said on Thursday.

U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources familiar with the matter told Reuters.

Britain's Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and holiday season next month.

SAN FRANCISCO: Facebook Inc's family of apps including Instagram experienced a major outage on Thanksgivings Day, prompting a flurry of tweets on the social media platform. As of 1700 GMT they had been down for several hours. "We're aware that some people are currently having trouble accessing ...

Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania's first technology startup to reach "unicorn" status with a valuation of over US$1 billion.

LONDON: European stock markets eased lower on Thursday (Nov 28) as China-US trade talks were jolted by legislation in Washington backing Hong Kong protests that has angered Beijing. US President Donald Trump signed into law a bi-partisan bill that voiced support for the anti-government protests ...

Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American "pot stocks" frenzy, a leading industry analyst said on Thursday.