Markets

AN ANNUAL dinner where top bankers in Singapore gather, and where major banking announcements are made, will be postponed.

CHINA'S banking system is at the forefront of the country's recovery plan which could weaken the banks, already hampered by years of inefficient lending and slower economic growth.

LISTED companies in Singapore are increasingly tapping the US dollar (USD) bond market as they raise funds to strengthen their balance sheets amid the Covid-19 outbreak.

Uber Technologies Inc's financial services head Peter Hazlehurst is stepping down as the company focuses on rides and food delivery, and ices plans to become a financial services company, Bloomberg News reported, citing an email to staff.

The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp , BP Plc, Chevron Corp, and Royal Dutch Shell Plc for "systematically and intentionally misleading" consumers about the role their products play in causing climate change, the latest action by a U...

Amazon.com Inc has secured the naming rights to the new home stadium for the National Hockey League's Seattle franchise and pledged to make it the first ever net-zero carbon certified arena, the online retailer said on Thursday.

Harley-Davidson Inc will cut 140 jobs in the United States following its decision to adjust production volumes, a company representative told Reuters.

FRANKFURT AM MAIN: Lufthansa shareholders on Thursday (Jun 25) overwhelmingly backed a nine billion euro (US$10 billion) bailout by the German government, saving Europe's largest airline group from bankruptcy after the coronavirus crushed travel demand. Over 98 per cent of shareholders accounting ...

German Finance Minister Olaf Scholz described as a scandal the collapse of Wirecard after the payments company disclosed a hole in its books that left it owing creditors almost US$4 billion, adding it was a wake-up call for supervision.

Waymo and the Volvo Cars Group have agreed to develop a self-driving electric vehicle designed for ride hailing use, as part of a new global partnership, the companies said on Thursday.