The consortium that won the bid to acquire Thyssenkrupp's elevators division wants to spend billions of euros on expanding the business, a manager at one of three partners said in remarks published on Sunday.
VIENNA: The Swiss government has filed a criminal complaint over the U.S. Central Intelligence Agency's alleged use of a cryptography company as a front to spy on various governments' secret communications, the Swiss attorney general's office said on Sunday. The complaint against persons unknown ...
U.S. refiner Citgo has reached an agreement with Aruba to transfer control of the San Nicolas refinery to the island's government, Citgo said late on Saturday, after the two parties last year suspended a contract to overhaul the facility.
Samsung Electronics shut one of its mobile device factories in South Korea after a worker tested positive for the coronavirus, the Yonhap news agency reported, citing a company official.
American Airlines Inc will suspend all U.S. flights to Milan, the airline said late on Saturday, just hours after the U.S. State Department said it was raising its travel warning for parts of Italy due to the coronavirus outbreak.
Venezuela has named new vice presidents for four units of state oil company PDVSA, as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA said on Saturday.
The COVID-19 outbreak has created huge shifts in how businesses operate and social priorities in the country, say Andrew Sheng and Xiao Geng
The SGX has pursued a multi-asset strategy but faces greater competition from other regional stock exchanges, says the Singapore University of Social Sciences’ Tan Eng Joo.
Hong Kong government’s budget aims to keep businesses cash flow positive while boosting consumption. Strong fundamentals mean that once external threats to Hong Kong’s economy disappear, it will bounce back, says Maggie Hu.
Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed.
