Markets

Apple Inc supplier Japan Display Inc on Friday said it had not received notice from a Chinese-Taiwanese consortium about a potential 80 billion yen (US$740 million) investment, raising the possibility of a critical delay in much-needed cash.

Carmaker Fiat Chrysler (FCA) has signed an agreement with European utilities Enel and Engie to help offer its customers charging points for electric vehicles (EV) it is planning to roll out.

Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter.

Bayer said it would invest 5 billion euros (US$5.6 billion) in developing new weedkillers and reducing its environmental impact by 30per cent by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate.

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company.

GROWTH equity investment firm Asia Partners has opened its doors in Singapore to focus on rapidly growing technology businesses in South-east Asia with pan-regional aspirations.

TOKYO: Oil fell on Friday (Jun 14) after sharp gains in the previous session when prices were boosted after attacks on two oil tankers in the Gulf of Oman stoked concerns of reduced crude flows through one of the world's key shipping routes. The attacks near Iran and the...

NEW YORK: Tankers like those apparently attacked Thursday (Jun 13) in the Gulf of Oman operate through increasingly treacherous waters, facing mounting dangers from piracy and collision as well as geopolitical hazards. Around 60 million barrels of petroleum product move each day on the seas ...

LONDON: World oil prices surged on Thursday (Jun 13) on reports that two tankers had been attacked in the Gulf of Oman, worsening frayed tensions in the crude-rich Middle East region, analysts said. The surge in oil prices boosted share prices of energy companies, while global stock markets also ......

BEIJING: China said on Friday (Jun 14) that it was raising anti-dumping duties on certain alloy-steel seamless tubes and pipes used at utilities and imported from the United States and the European Union. The anti-dumping tax rate applicable to the steel tubes and pipes is between 57.9 per ......