Showing 1-10 of 102 results
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A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
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Australian casino group fined US$290m for lax controls
AFP, Published on 31/05/2023
» SYDNEY: Australia's Crown Resorts is set to pay a civil penalty of A$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases.
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Markets spooked by Deutsche Bank
Business, Published on 28/03/2023
» Analysts have raised concerns about the growing risk of a Deutsche Bank collapse, reigniting fears about a widening banking crisis, though they said the potential impact on the Thai banking sector would be limited.
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Easing concerns about Silicon Valley collapse
Business, Published on 15/03/2023
» The collapse of three US banks in less than a week has sent shockwaves through the financial industry, with global stocks plunging and public confidence shaken.
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Twitter turmoil, staff exodus aggravate security concerns
AFP, Published on 20/11/2022
» WASHINGTON: Twitter's owner Elon Musk has pledged the platform will not become a "hellscape," but experts fear a staff exodus following mass layoffs may have devastated its ability to combat misinformation, impersonation and data theft.
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Drugmakers Square Off Over Lucrative Pneumonia Vaccines
Business, Published on 02/11/2022
» Rival drugmakers are seeking to upend Pfizer Inc.'s dominance of the $7 billion worldwide market for pneumonia vaccines, launching what is shaping up to be one of the industry's fiercest battles.
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Gulf increases capital spending by 20%
Business, Yuthana Praiwan, Published on 29/08/2022
» SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has increased its capital spending by 20% to 120 billion baht as it plans to acquire more new assets in the clean energy sector.
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Inflation fears continue to sap global sentiment
Business, Published on 02/07/2022
» Recap: Global shares were mixed yesterday as concerns over inflation, the global economic slowdown and the prolonged Russia-Ukraine war continue to weigh on investor sentiment.
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Filing says Elon Musk to borrow less in Twitter bid
AFP, Published on 26/05/2022
» SAN FRANCISCO: Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal.
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New York's Waldorf Astoria Finds Rocky Path to Condo Conversion
Business, Published on 04/05/2022
» New York's famed Waldorf Astoria hotel is struggling to complete its plan for converting hundreds of guest rooms into luxury residences, a process that is shaping up as one of the largest, most intricate and priciest condo conversion and hotel rebuild projects undertaken.
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