British retailer Tesco has asked bidders to submit binding offers for its Asian business by Friday, in a deal that will see Thai billionaires fight for an asset valued at up to US$9 billion, sources with direct knowledge of the matter said.
Carbon emissions throughout the full value chain of IKEA furniture fell for the first time last year, brand owner Inter IKEA said on Thursday citing increased use of renewable energy.
Aston Martin's chief finance officer will leave the company after its losses almost doubled last year following a sales drop as the luxury carmaker pursues a turnaround with a new investor.
China's top container ports are loosening the backlog of cargoes on their docks as workers return to their posts after coronavirus travel curbs that kept them away and jammed up global supply chains have been eased.
Standard Chartered on Thursday posted a 45.5per cent rise in annual profit, weathering the economic fallout from global trade tensions and political protests in Hong Kong with revenue growth in its main markets.
Working from home may be an 'all or nothing at all' effort and will require clear rules of engagement, says the Financial Times' Tim Bradshaw.
Anheuser-Busch InBev ABI.BR, the world's largest beer maker, suffered a greater than expected fall in core profit in the fourth quarter last year and forecast muted growth in 2020 due in part to the coronavirus outbreak in China.
Panera Bread Co on Thursday is launching an US$8.99 per month unlimited coffee subscription as it aims to grow its breakfast traffic and loyalty program membership.
Standard Chartered on Thursday posted a 45.5per cent rise in annual profit, weathering the economic fallout from global trade tensions and political protests in Hong Kong with revenue growth in its main markets.
Asian markets fell again on Thursday as coronavirus infections surged outside China with more new countries reporting cases and analysts warning of more pain ahead for investors.
