Deutsche Bank on Monday said it planned to join a small number of financial institutions that link management pay to environmental, social and governance-related (ESG) criteria.
It will take more than renaming Facebook's cryptocurrency to address the concerns regulators have about authorising its launch in Germany and Europe, German Finance Minister Olaf Scholz said on Monday.
J.C. Penney Co Inc said on Monday its retail and operating assets would exit Chapter 11 as two of its biggest landlords, Simon Property Group and Brookfield Asset Management Inc, have acquired nearly all such assets.
The chief executive of Ryanair predicts problems for IAG's ownership of UK-based airline British Airways after Britain's transition period with the European Union ends on Dec. 31, due to European Union airline ownership rules.
KUALA LUMPUR: Tropical farmers will struggle to meet rising food demand unless they sustainably boost yields on the same land, with rising forest protection and carbon prices aimed at fighting climate change expected to hinder agriculture expansion, researchers said on Monday (Dec 7). A report by ...
Airbnb Inc expects to raise up to US$3.09 billion in its initial public offering after boosting its price range, setting it up for a blockbuster debut 13 years after it was founded as a website in a loft that went on to revolutionize the hospitality industry.
Hedge fund managers were substantial buyers of petroleum futures and options last week for the fourth week in a row, a sign of increasing confidence coronavirus vaccines will drive a recovery in oil consumption next year.
Huawei is willing to meet any requirement the Swedish government may set on 5G network equipment and take other measures to mitigate concerns, a senior executive said, after a ban in the country delayed spectrum auctions.
STOCKHOLM: Budget furniture giant IKEA said it has taken the emotional decision to end a seven-decade tradition and discontinue its catalogue, one of the world's biggest annual publications, as shoppers move online. The publication reached a peak in 2016, when more than 200 million copies were ...
Airlines battered by COVID-19 are prepping for key roles in the mass vaccine rollout that promises to unlock an immediate boost for the sector - and beyond that, its own recovery and survival.
