Taiwan issues island’s first virtual bank licences
Taiwan issued its first virtual banking licences to three consortiums consisting of Taiwan and Japanese investors, its financial authorities said on Tuesday, following moves by...
Italy’s Nexi says data of 18,000 alleged customers published
Data of 18,000 people claimed to be customers of Italian payments firm Nexi have been published on a foreign website, but no financial information was...
Sony posts 18% jump in first-quarter profit on strong image sensor business
Japan’s Sony Corp on Tuesday reported an 18.4% increase in first-quarter operating profit, beating market expectations thanks to a strong performance in the image sensor...
Lufthansa braces for more challenges after price war hits earnings
German airline Lufthansa said it was braced for very tough price competition with Ryanair and easyJet for at least the rest of this year as...
Huawei’s first-half revenue growth accelerates despite U.S. sanctions
China’s Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% – faster than a year ago – despite an...
SoftBank to pump second Vision Fund with proceeds from the first -source
SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source...
U.S. rapper A$AP Rocky pleads not guilty in Stockholm assault case
U.S. rapper A$AP Rocky pleaded not guilty on Tuesday to a charge of assault on the first day of a trial in Sweden that has...
Climate activist Thunberg to sail to U.N. summit in New York from Britain
Swedish teenage activist Greta Thunberg will sail to the United Nations climate summit in New York from Britain....
UK PM Johnson’s no-deal Brexit gamble hammers sterling
The British pound tumbled on Tuesday as investors bet Prime Minister Boris Johnson’s Brexit brinkmanship with the European Union could trigger a messy divorce that...
BP has no plans to take its tankers through Hormuz
BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of...