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Business 08 Jul 2019 | 12:00 AM Premium

Sime Darby Motors unit open to working with e-hailing firms

George Town: Sime Darby Motors’ wholly-owned subsidiary, Sime Darby Rent A Car Sdn Bhd (SDRAC) is open to collaborating with local e-hailing companies as part of its strategy to grow the business.

Business 06 Jul 2019 | 2:48 AM Premium

US panel clears SoftBank's $2.25 billion investment in GM's Cruise

NEW YORK: Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co , told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp

Business 06 Jul 2019 | 12:00 AM Premium

Battersea: Reality and perception

THE massive Battersea Power Station (BPS) regeneration project in London that began in 2013 has been facing headwinds in the last couple of years.

Business 06 Jul 2019 | 12:00 AM Premium

Start-ups to unicorns

IF you aspire to be a start-up then start looking around you, see where the problems are in the system and service areas.

Business 06 Jul 2019 | 12:00 AM Premium

Grannies in running shoes are delivering ramen for Uber in Japan

Uber Technologies Inc’s strategy for Japan, where ride-sharing is banned, is as unique as the country itself – think grandma in running shoes delivering ramen noodles.

Business 27 Jun 2019 | 9:16 AM Premium

Grab raises US$300m from asset manager Invesco to fuel growth

SINGAPORE: Grab has received an additional US$300mil investment from asset manager Invesco Ltd as part of plans by Southeast Asia’s biggest ride-hailing company to raise $6.5 billion in total capital this year.

Business 26 Jun 2019 | 9:10 AM Premium

Singapore aims to create 10,000 tech jobs in three years

SINGAPORE: Singapore on Wednesday said it has plans to create up to 10,000 jobs in the technology sector over three years in an initiative to establish the city-state as a global hub for the industry.

Business 22 Jun 2019 | 12:00 AM Premium

Markets don’t die from old age alone

WITH the global economy enjoying uninterrupted growth for the last 10 years, there is an increasing view that a recession is around the corner. The view is getting louder by the day.

Business 20 Jun 2019 | 12:00 AM Premium

Most SoftBank Vision Fund investors want to join second fund

TOKYO: Most investors in SoftBank Group Corp’s US$100bil Vision Fund want to join the group’s forthcoming second fund, and discussions with those investors will begin soon, SoftBank founder and chief executive Masayoshi Son said.

Business 17 Jun 2019 | 12:00 AM Premium

Hellobike turns to smart solutions

HELLOBIKE, the bike-sharing app backed by financial technology behemoth Ant Financial, has entered into several partnerships with high-profile suppliers to make its two-wheelers more appealing to the hundreds of millions of riders in China.