Global stocks pause after recent run
World shares paused on Monday as investors turned cautious after a 42% surge since March, as economies continued to struggle with the effects of the...
Thai Airways rehabilitation may take up to seven years, legal advisor says
The rehabilitation of flag carrier Thai Airways International Pcl may take up to seven years, the airline’s legal advisor said on Monday....
HK residents rush for offshore bank accounts on China law worries: sources
Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from...
Hong Kong activist investor David Webb to step back for health reasons
Hong Kong activist investor David Webb has said he will step back from posting his widely read critiques of companies and the city’s government after...
Jobs come first in South Korea’s ambitious ‘Green New Deal’ climate plan
The first stages of a South Korean government “Green New Deal” aiming to retool one of the world’s most fossil fuel-reliant economies is focused instead...
AstraZeneca shares down 2% after report it approached Gilead over tie-up
Shares in Britain’s AstraZeneca fell 2.1% in early trades on Monday after a report it had approached U.S. rival Gilead Sciences about a possible merger...
Possibly millions of jobs could be lost if planes stay grounded, Heathrow boss says
Hundreds of thousands of jobs, if not millions, could be lost in Britain if aviation is not able to resume quickly, the chief executive of...
Emerging market corporate credit quality down but not out
The coronavirus pandemic has had a devastating impact on companies around the world, but in poorer emerging economies where balance sheets and credit ratings were...
Ryanair boss O’Leary says: We’ll fly through UK’s ‘rubbish’ quarantine
Ryanair will not cancel flights to and from the United Kingdom despite the government introducing a 14-day quarantine for international travellers because it is seeing...
EasyJet directors Gurassa and Martin to step down from board this year
Two non-executive directors of EasyJet are to step down from the board later this year in line with corporate governance best practice, having each served...