State-owned flydubai on Wednesday said it would launch direct flights to Tel Aviv from Dubai this month after the United Arab Emirates and Israel established formal ties.
China's shock suspension of Ant Group's record US$37 billion listing in a last-minute regulatory ambush looks set to hit the financial technology giant's growth prospects and cut into its valuation.
Ant Group will survive the 11th-hour suspension of its blockbuster US$35 billion listing in Shanghai and Hong Kong if the company can learn from its technology peers. If there's one thing that founder Jack Ma and Chinese regulators probably agree upon, it's that finance and technology...
China's suspension of Ant Group's US$37 billion listing just days ahead of its stock market debut has thrown the company and its investors into a tailspin and it faces a scramble to try and satisfy financial regulators, analysts say.
BMW on Wednesday said its third-quarter profit rose almost 10per cent thanks to rebounding Chinese demand for luxury cars and reiterated its outlook, even as a wave of coronavirus infections continues to sweep Europe and the United states.
Twitter Inc and Facebook Inc early Wednesday flagged President Donald Trump's comments on the U.S. presidential election, which remained too close to call.
SINGAPORE: The Monetary Authority of Singapore (MAS) has taken tougher enforcement actions against financial institutions and individuals for market abuse and financial misconduct. In its Enforcement Report published on Wednesday (Nov 4), the authority detailed various actions taken for breaches ...
Voters in trend-setting California backed a ballot proposal by Uber and its allies that cements app-based food delivery and ride-hail drivers' status as independent contractors, not employees, according to a projection by data provider Edison Research.
Subaru Corp raised its operating profit forecast on Wednesday by more than a third to 110 billion yen (US$1.05 billion) because U.S. vehicle sales rebounded more than it expected after the coronavirus pandemic hurt demand.
Asian share markets turned cautious on Wednesday, paring sharp early gains as results from the U.S. Presidential election hinted at a close race with no clear winner yet in sight.
