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BRUSSELS: The European Union (EU) steel industry lashed out at the EU’s trade authority for failing to slash import quotas in a planned revamp of them, saying producers in the bloc risk going bust.
SYDNEY: Australian buy-now-pay-later (BNPL) company Zip Co Ltd said it will buy New York rival QuadPay Inc in an all-share deal that values the target at US$269mil, joining a rush of Australian companies to tap the world’s largest consumer market
LIBERTY Global Plc’s Chief Executive Officer Mike Fries is in line for as much as $123 million in compensation, filings ahead of its June 30 annual meeting show.
AMSTERDAM: ABN Amro Bank NV posted a higher-than-expected loss and provisions in the first quarter, prompting new chief executive officer Robert Swaak to ramp up a review of the investment bank as he seeks to return the Dutch lender to profitability.
I HEARD the news on Saturday morning and felt stricken. But I dare say the passing of Datuk Rastam Hadi (pic), 88, was emotional not just for me but also the many Petronas employees whose lives he touched in one way or another.
LONDON: A substantial majority of people around the world want their governments to prioritise saving lives over moves to restart economies being hammered by measures aimed at halting the spread of the new coronavirus, a global survey found.
TUESDAY was a jam-packed day for earnings across all sectors. In the industrial landscape, I paid closest attention to 3M Co, Caterpillar Inc and United Parcel Service Inc (UPS), each a bellwether in its own right.
AS A whole, the banking sector is facing increasing pressure by the day.