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Most cryptocurrency offerings trading below listing price
NEW YORK: Almost a third of all cryptocurrencies that were financed through online fundraisers last year have lost "substantially all value," while the vast majority are trading below their listing price, according to an Ernst & Young report published on Friday.
Pensonic to unveil robotic products
Pensonic Holdings Bhd is targeting next year to introduce a new range of robotic consumer electronic products to mitigate the impact of a global recession.
At-home shoppers drive record online sales
WITH sparse crowds and none of the stampedes of holidays past, some retail watchers started to refer to Black Friday as Blasé Friday -- and that was even before the virus hit.
Mars Petcare to buy European vet business AniCura
LONDON: Mars Petcare is to buy European animal hospital operator AniCura, its second such deal this month, as the world’s largest pet food maker expands its veterinary business amid a boom in pet-related spending.
Dealmakers get creative as Covid-19 spreads
NEW YORK: As the coronavirus roils markets, dealmakers are pulling out all their tricks to get transactions done.
Shopee: New normal in world of retailing here to stay
KUALA LUMPUR: Over 32 million Malaysians are affected by the movement control order (MCO) introduced on March 18 to control the spread of Covid-19.
London stocks retreat as recovery hopes dim
BENGALURU: London-listed stocks headed lower on Thursday as a plunge in Japanese exports dulled optimism around a speedy recovery from a coronavirus-induced economic slump, with investors also sifting through another mixed bag of quarterly earnings reports.
Online artisan bazaar gets funded
LOCAL lifestyle social commerce platform Poptron has received US$1mil (RM4.04mil) in funding from a Nasdaq-listed company, which will prep it for regional expansion in the first quarter of this year.
Surging shipping rates pose new headwind for global economy
SHOCKS to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just as soaring freight rates make it harder for businesses to weather another year like 2020.
Tesco leads calls for online sales tax in the UK
Retailers also seek to ease tax burden with permanent rate cut
