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HONG KONG: Thanks to the coronavirus outbreak, working from home is no longer a privilege, it’s a necessity.
LONDON: British supermarket giant Tesco suspended a Chinese supplier of Christmas cards on Sunday after a press report said a customer found a message written inside a card saying it had been packed by foreign prisoners who were victims of forced labor.
AS part of its efforts to foster a more agile workforce, AXA Affin Life Insurance Bhd has selected Digi Telecommunications Sdn Bhd’s Omni Hotline as its preferred virtual office phone provider.A key objective of the insurance company’s agile workforce strategy is to enable employees to attend to their customers on-the-go, regardless of their physical location.
RIYADH/LONDON/DUBAI: Saudi Arabia is setting the stage for a blockbuster listing of state oil giant Saudi Aramco in Riyadh, relying on easy credit for retail investors and pushing rich locals to invest with cash held abroad to achieve a $2 trillion (1.6 trillion pounds) valuation target.
MUMBAI: The shipyard controlled by embattled Indian tycoon Anil Ambani is facing the prospect of bankruptcy after failing to get creditors’ approval for restructuring 70 billion rupees (US$970mil) of debt, people familiar with the matter said.MUMBAI: The shipyard controlled by embattled Indian tycoon Anil Ambani is facing the prospect of bankruptcy after failing to get creditors’ approval for restructuring 70 billion rupees (US$970mil) of debt, people familiar with the matter said.
One of Hong Kong’s safest stock bets is veering off the tracks.
Shanghai: Venturing beyond bonds from state-owned issuers in China often involves more than just assessing credit risk. Investors need to make a call on whether authorities will bail out the borrower.
MANILA: Ayala Corp is looking to hitch a ride on Go-Jek’s South-East Asia expansion with a possible investment in the ride-hailing company’s Philippine venture as it takes on regional giant Grab.
San Francisco: Elon Musk said Sunday that Tesla would unveil its Model Y crossover in less than two weeks, as questions about store closures, employee layoffs and demand in the wake of waning US federal tax credits threaten the company’s growth narrative.