Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:55
UK Regulator Probes South East Water Over Supply Failures
UK utility South East Water Ltd. is failing to provide reliable supplies to customers, prompting the regulator to
2023-11-16 16:17
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56
Swedish Fund Alecta Referred to Police Over Heimstaden Stake
The Swedish pension fund embroiled in the collapse of Silicon Valley Bank this spring has been reported to
2023-11-16 15:29
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:57
APEC Latest: Xi Says China Will Not Fight Hot or Cold War
President Xi Jinping said China wants to be friends with the US and said his nation won’t fight
2023-11-16 14:22
Meta Challenges EU’s Crackdown on Dominance of Big Tech Firms
Meta Platforms Inc. and TikTok-owner Bytedance Ltd. have formally challenged the European Union’s latest clampdown on the dominance
2023-11-16 13:24
Dalio, Cook, Citadel’s Zhao Win Coveted Seats at Xi Dinner Table
BlackRock Inc.’s Larry Fink and Apple Inc.’s Tim Cook are among the top US executives set to be
2023-11-16 12:54
Elon Musk Calls Antisemitic Post on X the ‘Actual Truth’
Billionaire Elon Musk endorsed an antisemitic post on X, the social media site he owns, that attacked members
2023-11-16 12:24
Huarong Sends $1.7 Billion Back to Citic After Unloading Assets
China Huarong Asset Management Co. returned almost $2 billion back to Citic Group after the financial conglomerate led
2023-11-16 10:49
Binance to Start Thai Crypto Exchange With Billionaire Sarath
A joint venture between Binance Holdings Ltd. and Gulf Energy Development Pcl plans to roll out a crypto
2023-11-16 10:19
Japan’s Ispace to Launch Second Moon Mission After Crash-Landing
Japanese space startup Ispace Inc. will reach for the moon again after its first attempt to land a
2023-11-16 09:46