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Business 14 Dec 2020 | 7:00 AM

US gaming platform Roblox to delay listing

NEW YORK: United States gaming platform Roblox Corp has put off its planned initial public offering (IPO) until next year as it works with advisers to improve the process to benefit employees and investors, the company told employees in a memo seen by Reuters.

Business 25 Dec 2020 | 7:00 AM

Apollo-led group to buy stake in debt-ridden AB InBev

NEW YORK: Apollo Global Management Inc said on Wednesday a group of institutional investors led by the private-equity firm would buy a 49.9% stake in Anheuser-Busch InBev’s US-based metal container plants for about US$3bil.

Business 30 Dec 2020 | 7:00 AM

Converse recasts itself as ‘brand of youth’

BEIJING: Converse, a prominent sportswear brand for over 100 years, has made it a priority to engage more with local youth in communities across China.