NIBC has agreed to a proposed takeover by Blackstone , the Dutch bank said on Monday, despite the U.S. private equity firm lowering its bid in light of the COVID-19 pandemic. AMSTERDAM: NIBC has agreed to a proposed takeover by Blackstone , the Dutch bank said on Monday, despite the […]
Year: 2020
Smartphone shipments in China fell 16per cent in June compared with a year earlier, according to government data released on Tuesday. SHANGHAI: Smartphone shipments in China fell 16per cent in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in […]
SYDNEY: Corporate travel agents are using the coronavirus-induced lull in bookings to work with companies on how to get their staff out of Zoom videoconferences and safely back in the air. They are launching new tools to provide on-the-ground information about local mask requirements, social distancing regulations and quarantine rules, […]
Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8per cent from 6.4per cent, cashing out around US$9.6 billion at its current share price, the firm’s annual filing released on Friday showed. SHANGHAI: Alibaba Group Holding Ltd co-founder Jack Ma […]
BOURNEMOUTH: Bournemouth defender Nathan Ake is unlikely to feature in their three remaining Premier League games this season after picking up a knock in Sunday’s (Jul 12) 4-1 win over Leicester City, manager Eddie Howe said. The centre back, who started 29 league matches this season, was taken off after […]
SPIELBERG, Austria: Six-times world champion Lewis Hamilton dominated the Styrian Grand Prix in a Mercedes one-two on Sunday (Jul 12) to celebrate his 85th Formula One win and move a step closer to Michael Schumacher’s record of 91 victories. Finnish team mate Valtteri Bottas, winner of last weekend’s season-opener that […]
SINGAPORE: Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities said on Monday (Jul 13), adding that the next step was a commercial rollout. The final phase of the years-long Project Ubin saw the Monetary Authority of Singapore (MAS) team up with state […]
MADRID: Ruling parties in Spain’s Galicia and Basque country were returned to office in the first polls held in the country since the onset of the COVID-19 pandemic and as new cases spike. With almost all votes counted, the conservative Popular Party in Galicia and the Basque Nationalist Party had […]
SINGAPORE: Oil slipped in early Asian trade on Monday (Jul 13) as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude fell 27 cents to US$42.97 a barrel by 0114 GMT while […]
SYDNEY: Australia’s most populous state reported 14 new cases of COVID-19 on Monday (Jul 13), with a growing cluster at a pub used by freight drivers travelling the country adding to fears of a second national wave of the virus. The new cases in New South Wales come after neighbouring […]