Showing 1 - 10 of 12
Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover
AFP, Published on 25/04/2023
» ZURICH - Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank's earnings report showed Monday, providing clues to the towering challenges ahead as UBS prepares an emergency takeover.
US media rocked by layoffs amid economic gloom
AFP, Published on 22/01/2023
» NEW YORK: From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn.
Amazon sets Oct 13-14 for 'Prime Day' global mega-sale
AFP, Published on 29/09/2020
» WASHINGTON: Amazon on Monday announced the new date for its annual global mega-sale, which it said aims to promote small and medium-sized businesses despite accusations by numerous lawmakers and trade associations that the retail giant is trying to crush competition.
Beijing auto show opens in world's largest market
AFP, Published on 25/04/2018
» BEIJING: Global carmakers will take the stage in Beijing on Wednesday with new car models to woo the world's largest auto market as China promises to liberalise the industry.
Hong Kong auctioneers innovate as sales struggle
AFP, Published on 16/12/2015
» HONG KONG - Hong Kong auction houses are looking for novel ways to keep their sales buoyant in the face of China's economic slowdown -- from creating boozy bidding parties to selling items from outer space.
Glencore hammered in Hong Kong as global commodities slump
AFP, Published on 29/09/2015
» HONG KONG - Shares in mining giant Glencore crashed 27.5 percent in Hong Kong Tuesday, hammered by weak commodity prices as Chinese demand stumbled while a brokerage warned about the group's future.
Bill Gates back to be world's richest
AFP, Published on 04/03/2014
» The surging price of Microsoft shares returned US tech tycoon Bill Gates back to the top of Forbes's world's billionaires list, with his US$76 billion (2.473 billion baht) beating out Mexico's Carlos Slim's $72 billion.
Boeing, Airbus clinch mega orders
AFP, Published on 17/11/2013
» Dubai Airshow took off on Sunday with huge aircraft orders and commitments worth around $141.5 billion for Boeing and Airbus from Gulf carriers, with the US manufacturer well in the lead.
Philips: a phoenix with lessons for industrial lame ducks
AFP, Published on 10/11/2013
» Back in 1978 in a boardroom near Lake Geneva, a bunch of nervous Philips inventors demonstrated a device that was to revolutionise the entertainment industry for the next three decades.
Vodafone and Verizon in $130 bn mega-deal
AFP, Published on 02/09/2013
» US telecoms giant Verizon and Vodafone announced Monday they had agreed the British company would sell out its 45 percent stake in their joint venture Verizon Wireless for $130 billion (99 billion euros).