DBS is facing legal tussles in India arising from its recent takeover of troubled Lakshmi Vilas Bank (LVB), but maintains that provisions have already been made on this front.
Billionaire investor Patrick Soon-Shiong on Friday denied a report that said he was considering a sale of the Los Angeles Times newspaper.
U.S. stocks gained on Friday, helped by a rise in economy-sensitive cyclical sectors, with the S&P 500 and the Nasdaq on track to end the week on a dull note as investors rotated out of technology-related companies.
The U.S. Federal Aviation Administration (FAA) said on Friday it is tracking all Boeing 737 MAX airplanes using satellite data under an agreement with air traffic surveillance firm Aireon LLC.
Volkswagen's Mexico unit said on Friday that a work stoppage on its Jetta model will continue on Monday and Tuesday, due to an ongoing shortage of natural gas.
Ukraine's top prosecutor said on Friday investigations into Ukrainian energy company Burisma Holdings Ltd, a matter closely tied to a scandal that led to former U.S. President Donald Trump's first impeachment, have been closed with no plans to reopen them.
President Joe Biden's push for a US$1.9 trillion COVID-19 relief bill took a step forward on Friday as a U.S. House of Representatives committee unveiled the legislation Democrats hope to pass by late next week.
BitPay, one of the biggest cryptocurrency payment processors, will pay US$507,375 to settle its potential civil liability for apparent violations of U.S. sanctions on countries like Cuba, North Korea and Iran, the U.S. Treasury Department said.
Major U.S. airlines on Friday said they would adopt a voluntary international contact tracing program, months after the White House under then-President Donald Trump blocked a mandatory effort.
Texas oil refineries shut by cold-weather disruptions may take several weeks to resume normal operations, industry experts said on Friday, helping to push up fuel prices.
