SAN FRANCISCO (REUTERS) – Supply chain woes cost Apple US$6 billion (S$8 billion) in sales during the company’s fiscal fourth quarter, which missed Wall Street expectations, and chief executive Tim […]
BENGALURU (REUTERS) – SoftBank Group-backed Indian ride-hailing firm Ola is set to lose two top executives, according to an internal memo seen by Reuters, ahead of a potential US$1 billion […]
HONG KONG (BLOOMBERG) – China Evergrande Group has agreed to sell stakes in its Internet unit for a total of HK$3.25 billion (S$566 million) to ease funding pressure. The developer […]
(BLOOMBERG) – Alla Witte’s plans for a new career as a computer programmer included helping clients make enough money to see the world. The Russian was in her late 40s […]
SINGAPORE – After three no-shows in State Courts to face 23 new charges of forgery-related offences, Hin Leong Trading founder Lim Oon Kuin finally showed up on Friday morning (April […]
NEW YORK (BLOOMBERG) – JPMorgan Chase & Co sold US$13 billion (S$17.35 billion) of bonds on Thursday (April 15), the largest deal ever by a bank, taking advantage of some […]
SINGAPORE (REUTERS) – Oil trader GP Global Apac has applied to the Singapore High Court for a six-month debt moratorium as its parent company seeks to restructure more than US$1 […]
MUMBAI (BLOOMBERG) – Mukesh Ambani, Asia’s richest man, saw US$6.5 billion (S$8.87 billion) wiped from his net worth as Reliance Industries shares tumbled the most in over seven months following […]
