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Business 25 Feb 2021 | 7:00 AM

CNOOC announces new oil and gas find

SHANGHAI: China National Offshore Oil Corp (CNOOC), one of the country’s top three oil and gas producers, says its newly discovered Bozhong 13-2 oil and gas field in the Bohai Sea contains proven geological reserves of 100 million tonnes of oil and gas equivalent, making it one of biggest crude oil production bases in the country.

Business 25 Feb 2021 | 7:00 AM

Singapore’s biggest developer posts full-year loss

SINGAPORE: CapitaLand Ltd, Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.

Business 25 Feb 2021 | 7:00 AM

IonQ in talks to go public via merger with DMY SPAC

NEW YORK: IonQ is in advanced talks to merge with DMY Technology Group Inc III, according to people with knowledge of the matter, creating one of the first public quantum-computing companies.

Business 25 Feb 2021 | 7:00 AM

GameStop CFO set to leave with US$30mil package

NEW YORK: Jim Bell, the GameStop Corp finance chief who is being pushed out after less than two years on the job, won’t be leaving empty-handed.