LONDON/HANOI: As the world moves to meet stringent targets for cutting carbon emissions: partly by phasing out internal-combustion-engine cars: demand for lithium, cobalt and nickel vital for electric vehicle batteries will soar, raising the prospect of shortages. High lithium prices have ...
South Korea's Krafton, the company behind blockbuster video game "PlayerUnknown's Battlegrounds" (PUBG), cut its IPO target by nearly a quarter on Thursday after a regulator warned it needed to revise its filings.
Malaysia on Thursday said it has appointed Swedish telecommunications giant Ericsson as its partner to develop its 5G network and ecosystem.
SINGAPORE: The Bedok Point mall will make way for a residential development with commercial units on the ground floor, owner Frasers Property has confirmed. Frasers Property said in its financial results in May that it has been granted provisional permission by the Urban Redevelopment Authority ...
LONDON: A pick up in inflation in major economies is temporary with rises in wages remaining the missing ingredient, Citi's global markets strategist Matt King said on Thursday. Inflation in the euro area is at 1.9per cent, right on the European Central Bank's target of "below but close to...
LISBON: While not a complete wash-out, the summer tourism season vital to southern Europe's economies will be less than sizzling as the Delta coronavirus spreads and travel hurdles keep British and other sun-seekers at home. A European Union COVID-19 travel certificate launched on Thursday (Jul 1) ...
Turkey's pandemic-era ban on layoffs and a government wage support system, both adopted in early 2020, expired on Thursday as most remaining coronavirus restrictions were also lifted, setting the stage for a rise in unemployment.
British software company Micro Focus International reported a smaller loss for the first half on Thursday as it slashed costs, and said it had set aside US$70 million to resolve a patent infringement dispute with U.S. firm Wapp.
Japanese shares closed lower on Thursday, weighed down by worries that a resurgence of COVID-19 infections would lead to an extension of restrictions and slow the economic recovery.
BT said its Openreach unit would offer long-term price certainty to its wholesale communications provider customers to help drive the adoption of the full fibre broadband network (FFBN) it is building across the country.
