Chief executives of some of the largest U.S. banks will testify before Congress on Wednesday, giving lawmakers their first opportunity to grill the lenders since the 2007-2009 financial crisis.
NEW YORK: 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 ...
SEOUL: SK Innovation is in talks to set up separate battery-making joint ventures with Volkswagen AG and Chinese partners, as the South Korean petrochemicals producer aggressively expands its involvement in electric vehicles (EVs). The company confirmed talks with Germany's Volkswagen for the ...
PARIS: European aerospace giant Airbus on Wednesday (Apr 10) welcomes new CEO Guillaume Faury, whose inbox includes Brexit, US President Donald Trump's trade threats and corruption investigations. The 51-year-old Frenchman takes over from Tom Enders, who is stepping down after five years leading ...
Sunrise Communications believes it will win backing to raise US$4.1 billion to complete its takeover of Liberty Global's Swiss business UPC, Chairman Peter Kurer told shareholders on Wednesday.
SINGAPORE: Singapore has been ranked the world's top maritime capital for the fourth consecutive time in the Leading Maritime Capitals of the World (LMC) report. Hamburg came in second overall, followed by Rotterdam, Hong Kong, London and Shanghai. The report, released by consultancy firm Menon ...
BEIJING: The first electric car for Nissan Motor Co's premium brand Infiniti will be a sporty sedan produced in China, the Japanese carmaker said in a statement viewed by Reuters ahead of a public announcement expected as soon as Wednesday. The vehicle would hit the market around three years,...
SINGAPORE: Two men were charged in court on Wednesday (Apr 10) for promoting a multi-level marketing scheme involving purported cryptocurrency OneCoin. One of them was also charged for incorporating a company called One Concept Pte Ltd to promote the scheme, police said in a news release ...
SEOUL: SK Innovation Co Ltd is in talks to set up separate battery-making joint ventures with Volkswagen AG and Chinese partners, as the South Korean petrochemicals producer aggressively expands its involvement in electric vehicles (EVs). The company confirmed talks with Germany's Volkswagen for ...
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 ...
