Showing 1 - 10 of 11
Honda-Nissan merger talks gain momentum
Bloomberg and Reuters, Published on 18/12/2024
» TOKYO - Nissan Motor Co is in talks with its Japanese rival Honda Motor Co to merge, in a deal that would help the ailing company survive, while also creating the world’s third-largest automaker with a better chance of withstanding the industry’s challenges.
Flights of fancy at Cathay Pacific
Business, Vijay Verghese, Published on 30/07/2024
» As Hong Kong struggles back onto the tourism charts, several misdirected official pronouncements have placed immense pressure on the national carrier Cathay Pacific to launch new routes to China and the Middle East. None of this has anything to do with profitability -- the airline announced an attributable profit of HK$9.7 million for 2023, a pittance in the scheme of things.
Anatomy of the week the Musk tornado hit Twitter
AFP, Published on 06/11/2022
» SAN FRANCISCO - The whirlwind week that Elon Musk took over Twitter began with sleepless nights for company engineers -- and ended with half the staff getting the axe.
Telegram Thrives Amid Russia's Media Crackdown
Business, Sam Schechner, Published on 21/03/2022
» Russia's campaign to restrict access to Twitter, Facebook and other sources of uncensored information on its invasion of Ukraine has skipped one crucial platform: the social media and chat app Telegram.
Pet pig's death prompts African swine fever probe
Apinya Wipatayotin and Reuters, Published on 08/01/2022
» Agriculture officials are preparing to inspect pig farms nationwide in a bid to prevent the potential spread of African swine fever, which is suspected to be linked to a sharp drop in local pig supplies and soaring pork prices.
US, Vietnam sign $500m deal to form 'Pork Consortium'
Reuters, Published on 28/10/2020
» HANOI: The Vietnam Trade Alliance, a grouping of buyers and producers, signed a pact on Wednesday to buy up to $500 million worth of American pork over three years, the US embassy in Hanoi said on Wednesday.
Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
Global bank job cull seen topping 77,000 this year
Business, Published on 28/12/2019
» FRANKFURT: Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology.
Slowdown leads TV Direct to shutter 8 shops by year-end
Business, Komsan Tortermvasana, Published on 10/12/2019
» SET-listed TV Direct, a home shopping operator, plans to close down eight of its 33 retail shops nationwide by year-end and another five by June 2020 because of the country's economic slowdown and it is the right time to improve organisational effectiveness.
More pain for German car industry as Daimler axes 10,000 jobs
AFP, Published on 29/11/2019
» FRANKFURT: Luxury automaker Daimler said Friday it would scrap at least 10,000 jobs worldwide, the latest in a wave of layoffs to hit the stuttering German car industry as it battles with a costly switch to electric.