Ebay has agreed to sell its classified ads business to Norwegian group Adevinta in a cash share deal worth US$9.2 billion, the companies said on Tuesday.
BERLIN: The founders of Berlin music-streaming app Soundcloud are launching an e-bike subscription startup, betting their experience in building a community of enthusiasts will ensure the venture is more sustainable than bike sharing. The idea for the venture, called DANCE, predates the ...
THE Monetary Authority of Singapore (MAS) is proposing new laws that will give it more teeth to regulate financial services in the Republic amid emerging risks, such as those brought on by the wider provision of digital services.
Chinese Starbucks customers can order the coffee chain's drinks on Alibaba's Taobao marketplace and mobile map app Amap, the companies said on Tuesday, expanding a partnership signed in 2018.
The shock of the pandemic has spared no one, but the costs have not been evenly distributed.
SINGAPORE: Temasek Holdings reported a 2.2 per cent drop in annual net portfolio value in a pandemic-hit year as it unveiled preliminary performance and said it was ready to invest in opportunities arising from volatile market conditions. For the year ended Mar 31, Temasek’s net portfolio value ...
SYDNEY: Australia will extend record stimulus spending into next year, the government announced on Tuesday (Jul 21), outlining multi-billion-dollar measures to shield the labour market from the ravages of the rolling coronavirus crisis. Prime Minister Scott Morrison said that supplements both to ...
SINGAPORE firms are planning to invest in supply chain digitisation and lean into their intra-regional partners to build future resilience, according to survey findings from HSBC released on Tuesday.
SINGAPORE: Southeast Asian low-cost carriers, a key growth engine for planemakers and leasing companies for a decade before the pandemic, are faltering financially as demand plunges, raising questions over whether they can replace and double their fleets. Auditors for Malaysia's AirAsia Group and ...
Asian shares advanced on Tuesday as prospects of a deal by European Union leaders to jointly fund recovery of their economies and hopes for a coronavirus vaccine lifted risk appetite.
