TOKYO: Asian shares slipped from eight-month highs on Wednesday as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked horns over tariffs in a fresh escalation of trade tensions. European shares were poised to begin lower, with Britain's ...
REUTERS: AT&T has internally discussed about selling its HBO Europe business as the telecom group aims to reduce a debt pile of US$170 billion, the Financial times reported, citing current and former senior executives. Comcast-owned Sky would be an "obvious buyer" given its relationship with HBO ...
SINGAPORE: Air taxis will soon be hovering over Singapore's skies as trials are set to get underway in 2019. The Civil Aviation Authority of Singapore (CAAS) revealed on Tuesday (Apr 9) that initial trials with German company Volocopter will take place in the southern part of Singapore. Speaking ...
SINGAPORE: Telepod is introducing a new swappable battery network and partnering with private operators to house its electric scooters, as it looks to grow its business amid regulatory challenges. The operator, which launched in 2017, was charged in February under the Parking Places Act for ...
SHANGHAI/HONG KONG: Morgan Stanley has won an auction to buy an additional 5.5 percent stake in its China mutual funds joint venture, in a deal that will make it the top shareholder of Morgan Stanley Huaxin Fund Management Co. The Wall Street bank, which currently owns 37.4 percent in...
TOKYO: Asian shares slipped from eight-month highs on Wednesday as the International Monetary Fund lowered its global growth outlook and as tensions over tariffs between the United States and Europe escalated. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.3 percent, a day ...
TOKYO: Asian shares stepped back from eight-month highs on Wednesday as the IMF lowered its global growth outlook and as tensions over tariffs between the United States and Europe escalated. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.1 percent, a day after it hit eight ...
REUTERS: Uber Technologies Inc has decided it will seek to sell around US$10 billion worth of stock in its initial public offering (IPO), and will make public the registration of this offering on Thursday, people familiar with the matter said on Tuesday. Most of the shares sold would be...
SYDNEY: Shares in Australian casino operator Crown Resorts Ltd tumbled on Wednesday after U.S. casino giant Wynn Resorts Ltd abruptly ended takeover talks overnight. Wynn, the world's second-largest casino operator, had proposed a buyout valuing Crown at AUS$10 billion (US$7.1 billion), Crown ...
SAO PAULO: The Brazilian unit of Ford Motor Company said on Tuesday it was initiating a voluntary layoff program for its plant in Camaçari, in the northeast state of Bahia, with the objective to cut workforce it said was in excess of current needs. The company in its statement...
