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BUSINESS

Sycamore, Franchise Group Submit Bids for Kohl's

Business, Published on 04/06/2022

» Kohl's Corp. received takeover bids from private-equity firm Sycamore Partners and retail holding company Franchise Group Inc., according to people familiar with the matter.

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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

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BUSINESS

Intel CEO Calls Chip Maker 'Willing Buyer' as Industry Consolidates

Business, Published on 23/08/2021

» Intel Corp. chief executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate's plan to go public.

BUSINESS

Musk Says He Once Approached Apple CEO About Buying Tesla

Business, Published on 24/12/2020

» Tesla Inc.'s effort to bring out its Model 3 brought the electric car company near collapse in 2018. Now Chief Executive Elon Musk has divulged a new twist: He says he contacted his Apple Inc. counterpart, Tim Cook, to save his company.

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BUSINESS

Bank of Thailand: More than one solution

Business, Pathom Sangwongwanich, Published on 03/03/2020

» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.

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BUSINESS

Big C confirms Tesco interest

Business, Pitsinee Jitpleecheep, Published on 17/01/2020

» The top boss of Big C Supercenter has acknowledged that the company is keen to acquire Tesco's Asia business and has submitted its intent to bid.

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BUSINESS

Volvo's Polestar joins electric car race with rival to Tesla 3

Business, Published on 01/03/2019

» STOCKHOLM: Volvo Cars' luxury performance brand Polestar unveiled its first fully electric sedan on Wednesday, opening up online pre-orders for the five-seater fastback at a price and with a driving range to rival Tesla Inc's mass market Model 3.

BUSINESS

BoT urges time frame

Business, Published on 07/03/2018

» Thailand's central bank should consider a time frame this year for monetary policy tightening, with the economy likely to grow by at least 4%, says Paiboon Kittisrikangwan, deputy governor of the Bank of Thailand.

BUSINESS

Philip Morris bets on a smoke-free future

Business, Published on 16/01/2018

» Philip Morris International is switching its strategy to emphasise its heat-not-burn tobacco products, which, according to studies submitted to the US Food and Drug Administration, contain less harmful agents than traditional cigarettes.

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BUSINESS

Global demand for gold drops in H1

Business, Reuters, Published on 04/08/2017

» LONDON: Global demand for gold fell 14% in the first half of this year due mainly to a sharp decline in purchases by exchange traded funds, the World Gold Council said in a report yesterday.