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Petrobras shares slump as Bolsonaro slams policies
RIO DE JANEIRO: Petrobras shares plunged 22% on Monday, wiping out 71 billion reais (US$13bil) in market value, as Brazilian President Jair Bolsonaro again slammed its pricing policies after he replaced the state-controlled oil company’s market-friendly chief executive officer with a retired army general.
GHL starts probe on alleged data breach
PETALING JAYA: GHL Systems Bhd says it is investigating serious allegations by a report that there has been a data compromise of its e-pay online reload and that a threat actor is selling customers’ information data and credentials related to its website.
Airbnb prices shares above target in 2020's biggest US IPO
MIAMI/ NEW YORK: Airbnb Inc said late on Wednesday it sold shares in its initial public offering (IPO) at $68 a piece, above its targeted price range, to raise around $3.5 billion.
Cheap platinum back in vogue by Chinese buyers
EVEN before the release of the next James Bond film -- "No Time to Die” -- Swiss watchmaker Omega is offering a platinum-gold version of the Seamaster Diver 300M that actor Daniel Craig wears when playing 007.
MARKETS-Stocks, bonds fall, US$ flat as Fed fears subside
NEW YORK:Stock prices and bond yields fell in relatively light trading on Friday as investors reacted to dwindling aid for the U.S. economy and rising coronavirus infection rates
Airbnb IPO filing shows Q3 earnings beating virus
Company focuses on listing homes away from cities
Prince William and Kate Middleton can save ‘Global Britain’
SOFT power means a lot to a country like Britain, which will soon have to live off its wits outside the European Union, even as it discovers that favourable trade deals are as hard to find as Lewis Carroll’s Snark.
Unicorn Casper accused of misleading investors in IPO
NEW YORK: Casper Sleep Inc duped investors into pouring US$100mil into its initial public offering (IPO), knowing its financial prospects were far dimmer than it promised, according to a lawsuit seeking class action status.
India may cut licence fee for household broadband
MUMBAI: India is considering a proposal to reduce the licence fee for fixed-line broadband services to households, a move that would boost access and lower cost for Internet service in Asia’s third-largest economy.
Asia stocks rise on bets of more stimulus as dollar rally fades
TOKYO: Asian stocks rose on Friday as investors wagered policymakers will roll out additional stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.
