THE UK government's Brexit strategy has failed to achieve a workable deal for the financial services sector, even though it is a key exporter and tax generator, observers say.
FLUSH from a V-shaped market rally since the market trough in March, portfolio strategists for wealthy clients remain "constructive'' on risk assets such as equities and credits.
Business software group SAP cut its guidance for 2020 and for the medium term on Sunday, saying the reimposition of coronavirus lockdowns had hit its business and hard-hit industries would now take longer than expected to recover.
Pakistan's prime minister has written a letter to Facebook CEO Mark Zuckerberg seeking a ban on Islamophobic content on the site, warning of an increase in radicalisisation amongst Muslims, the government said on Sunday (Oct 25).
Coca-Cola Amatil Ltd said on Monday that Coca-Cola European Partners offered to buy the Australian bottler for AUS$9.23 billion (US$6.58 billion), in what would be the country's biggest deal this year.
ISLAMABAD: Pakistani Prime Minister Imran Khan has written a letter to Facebook CEO Mark Zuckerberg seeking a ban on Islamophobic content on the social networking site, the government said on Sunday. In the letter, shared by the Pakistani government on Twitter, Khan said that "growing ...
U.S. buyout group Carlyle Group Inc is nearing an agreement to acquire Siemens AG's mechanical drive arm Flender, for about for about 2 billion euros (US$2.37 billion), Bloomberg News https://bloom.bg/35ylyvj reported citing sources.
Deutsche Lufthansa is preparing to ground more planes than planned and cut working hours during the winter as a surge in coronavirus infections is putting people off travelling.
Business software group SAP cut its guidance for 2020 and for the medium term on Sunday, saying the reimposition of coronavirus lockdowns had hit its business and hard-hit industries would now take longer than expected to recover.
Volkswagen plans to make British luxury carmaker Bentley a subsidiary of its Audi division as it seeks economies of scale among its top-end brands, German trade publication Automobilwoche reported.
