Lion Air puts $500 million IPO on hold as global equity markets tumble: sources
Indonesia’s Lion Air has deferred plans for an initial public offering (IPO) due to a sharp fall in global stock markets, people close to the...
World stocks set for worst weekly slump since 2008 as pandemic fears intensify
World share markets were headed for their worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the...
UBS tamps back CEO pay after French court blow, earnings miss
UBS Chief Executive Sergio Ermotti cashed in less money in 2019 as the bank made pay concessions related to a French tax case and missed...
Exclusive: Aluminum smelter resurrected on Trump tariffs may close as losses mount
A bankrupt aluminum smelter that re-opened in 2018, after U.S. President Donald Trump imposed tariffs on imported metals, is losing money at such a rapid...
Malaysia’s AirAsia X defers A330neo deliveries as coronavirus crimps demand
Malaysian long-haul budget airline AirAsia X Bhd said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its...
JPMorgan restricts global travel to protect against virus: Bloomberg News
JPMorgan Chase & Co issued global restrictions on non-essential travel to protect its employees and business against the spreading coronavirus, the Bloomberg News https://bloom.bg/2vnxhyW reported...
Public Storage only bidder left for National Storage with $1.25 billion bid
U.S.-based Public Storage emerged on Friday as the likely buyer of Australia’s largest self-storage operator National Storage REIT with its current A$1.89 billion ($1.25 billion)...
Japan minister flying to Lebanon to make case for Ghosn’s return
Japan’s vice minister of justice is traveling to Lebanon this weekend to try to make the case that fugitive ex-Nissan Chairman Carlos Ghosn should stand...
World stocks set for worst week since 2008 as virus stokes recession fears
World share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the...
Japan’s January factory output beats forecasts but slowdown expected
Japan’s factory output rose more than expected in January, providing some relief for policymakers amid heightened risks of a recession as the coronavirus outbreak in...