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Kenanga says greenfield investments are less viable at low price level
BEIJING: Chinese coffee startup Luckin is aiming to open 2,500 new stores this year and overtake Starbucks Corp as the largest coffee chain by number of outlets in the world’s second-biggest economy, it said.
SINGAPORE: Oil prices fell on Friday after the United States showed signs of following Asia into an economic slowdown, although supply cuts by producer club OPEC kept declines in check.
Bristol-Myers Squibb Co said on Thursday it would buy Celgene Corp for about US$74 billion, combining two of the world's largest cancer drug businesses in the biggest pharmaceutical deal ever.
NEW YORK: The plunge in Apple Inc's share price will likely cause new pain for Warren Buffett's Berkshire Hathaway Inc, after the conglomerate suffered a big quarterly decline in its net worth that will hit its bottom line
NEW YORK: Wall Street plunged on Thursday after slowing U.S. factory activity on the heels of a dire revenue warning from Apple Inc fueled fears of a global economic slowdown.
LONDON (Bloomberg): A digital exchange opening next week will enable investors to trade in companies including Apple Inc, Facebook Inc and Tesla Inc outside of the US even when the stock markets are closed.