Exclusive: HNA-linked Hong Kong Airlines seeks US$255 million from backers to keep license – sources
Hong Kong Airlines shareholders have demanded to see 2018 accounts before considering providing at least HKUS$2 billion (US$255 million) needed to ensure the carrier - part owned by the indebted HNA Group - keeps its license, two sources said.
SINGAPORE: Retail sales in Singapore fell 10 per cent in February 2019, compared to the same month in 2018, according to a release from the Department of Statistics (Singstat) on Friday (Apr 12). On a month-on-month basis, retail sales fell 1.5 per cent. Excluding motor vehicles, retail sales ...
French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S. organic salad business, to California-based Taylor Farms.
Virgin Galactic's goal to fly tourists into space as early as this summer is about 12 years later than initially promised by its founder, British billionaire Sir Richard Branson.
HACKERS used South-east Asian banks to receive funds from 83 per cent of all studied fraudulent transactions in 2018 and 2019, according to global payments network SWIFT.
Disney's video streaming service will launch in the US in November, spotlighting its blockbuster-making studios as it takes on powerhouse Netflix.
Honda's sales in China are likely to catch up with its sales in the United States within two to three years and the firm would like them to eventually overtake U.S. sales, the company's chief executive said on Friday.
Tesla Inc on Thursday started leasing out its Model 3 sedan in the United States, in a financing option that would increase the electric car maker's customer base.
SINGAPORE came in fifth out of six South-east Asian countries for growth in mobile payments use, while Vietnam tops the table both regionally and globally, according to PwC's Global Consumer Insights Survey 2019.
Panasonic Corp and Tesla Inc will continue to make new investments in the U.S. electric carmaker's Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said on Thursday.