Korean Air to decide up to $820 million rights issue this week: Yonhap
South Korea’s largest airline Korean Air will decide whether to sell up to about 1 trillion won ($820.24 million) in shares in a board meeting...
EasyJet urges Britain to keep quarantine rules for short period
Britain’s easyJet urged the government to keep any quarantine requirements on travellers arriving in the UK for only a short period, as airlines face a...
Japanese telco SoftBank sees full-year operating profit stable at Y920 billion
Japanese telco SoftBank Corp on Monday said it forecasts operating profit will rise 0.9% to 920 billion yen ($8.6 billion) in the current financial year....
Roche’s U.S. gRED research head to retire, be replaced by MIT’s Regev
Roche said Monday it has hired a Massachusetts Institute of Technology (MIT) professor as the new head of the Swiss drugmaker’s U.S. research arm that...
Coronavirus sows doubt over bitcoin’s rally after third ‘halving’
As bitcoin investors brace for a long-awaited technical adjustment that will halve new supply of the cryptocurrency, the coronavirus pandemic has cast uncertainty over the...
Stocks rise as more economies emerge from lockdown
Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick...
LafargeHolcim’s deal to sell Philippines business collapses
LafargeHolcim’s deal to sell its Philippines business, valued at $2.15 billion, has failed after the country’s competition authority did not give approval in time....
As U.S. meat workers fall sick and supplies dwindle, exports to China soar
U.S. President Donald Trump ordered meat processing plants to stay open to protect the nation’s food supply even as workers got sick and died. Yet...
Tesla China sold 3,635 Model 3 vehicles in April, down 64% vs March: CPCA
U.S. electric vehicle maker Tesla Inc sold 3,635 Shanghai-made Model 3 vehicles in China in April, down 64% from March, according to the China Passenger...
Asian shares push higher as more countries ease lockdowns
Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick...