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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

Malaysia c.bank raises interest rate in surprise move

Published on 11/05/2022

» KUALA LUMPUR: Malaysia's central bank unexpectedly raised its benchmark interest rate from a historical low on Wednesday, as rising commodity prices, strained supply chains and strong demand conditions fanned inflationary pressures.

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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

Indonesian village turns trash into Covid helper

Asia focus, Published on 20/09/2021

» TEMBOK GEDE, East Java: A homemade robot designed by Indonesian villagers and scientists for fun has found a new use during the pandemic -- bringing food and, hopefully, a smile, to self-isolating residents who have contracted Covid-19.

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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

Rough sailing

Asia focus, Ismira Lutfia Tisnadibrata, Published on 29/06/2020

» Life aboard a Chinese fishing vessel was a nightmare of abuse for Mashuri, who says he's never going to sea again. The 22-year old Indonesian is now safely back on dry land, working as a technician at a motorcycle garage in Lumajang, East Java.

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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

You make the news: How Spectee mines social media

Asia focus, Erich Parpart, Published on 13/01/2020

» Spectee, a Tokyo-based information analysis company and online news agency, is looking for partnership in Southeast Asia where it is seeing huge growth in demand for video content.