Consumer goods group Reckitt Benckiser Group is preparing to sell some of its non-core personal care brands, including Veet hair removal cream and Clearasil acne cream, four sources familiar with the matter said on Monday.
JPMorgan Chase & Co. , the country's largest lender, is stepping up payment fraud protections for its small and mid-sized business customers, which continue to be targeted by scammers - particularly amid the COVID-19 pandemic.
Cerberus and a rival investment firm have told HSBC they would buy its French retail arm for a symbolic one euro provided the British bank ploughs more than 500 million euros (US$582.70 million) into the business, sources told Reuters.
European Central Bank policymakers are increasingly divided over how to steer the economy through a second wave of COVID-19, threatening President Christine Lagarde's hard-won peace, conversations with eight ECB insiders show.
AIRASIA's financial services venture BigPay will be expanding its e-wallet services to Singapore, with early access available to users in the coming weeks.
Three of Apple Inc's top contract manufacturers plan to invest a total of almost US$900 million in India in the next five years to tap into a new production-linked incentive plan, according to two sources familiar with the matter.
Amazon.com Inc said on Monday it would hold its annual shopping event, Prime Day, on Oct. 13 and 14.
Sina Corp , owner of social media platform Weibo , will be taken private in a US$2.6 billion deal with Chief Executive Officer Charles Chao, the Chinese internet company said on Monday.
Walmart Inc has selected the founders of UK petrol station operator EG Group and private equity firm TDR Capital as the preferred bidders for its Asda supermarket chain, valued at 6.5 billion pounds (US$8.39 billion), Sky News reported on Monday.
FITCH Ratings has affirmed its "AA-" ratings on Singapore banks and removed the trio from rating watch negative (RWN), given that the materialisation of stressed conditions have become "less immediate".
