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Business 12 Jul 2019 | 7:41 AM

Fosun Group mulls US$940m rescue of debt-strapped Thomas Cook

HONG KONG: China’s Fosun Group is considering a 750 million-pound ($940 million) rescue of Thomas Cook Group Plc, the world’s oldest travel agency, which has been struggling to pay debts amid a slowdown.

Business 23 Mar 2019 | 12:00 AM

Woman’s role in the age of AI and robotics

“Women hold up half the sky,” Mao Zedong once said.

Corporate News 03 Jan 2019 | 6:54 AM

Here's Tim Cook's memo to employees about iPhone sales slowdown

In a memo obtained by Bloomberg News, Cook expressed his disappointment after Apple cut its revenue outlook for the first time in almost two decades.

Markets 19 Nov 2018 | 12:00 AM

Brexit is killing the great British curry house

NEW DELHI: Syed Joynu was in for a rude shock on a September morning when he walked into Indos – the curry house he owns just outside London. It was already 10:30 am and not a single employee had turned up.

Business 14 Mar 2018 | 12:00 AM

The five most important moves in Xi’s big China cabinet shake-up

BEIJING: China’s sweeping government restructuring plan gives President Xi Jinping more direct control over the levers of money and power by consolidating, creating or eliminating dozens of agencies.