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SINGAPORE (Reuters) - Southeast Asian e-commerce and entertainment group Sea said on Tuesday it would launch an unit to manage its investments, as well as its own artificial intelligence labs.
BANGKOK (Reuters) - Thai Airways International Pcl said on Tuesday it is cutting its workforce by half and reducing its fleet size to become a more agile and efficient airline, as the troubled flag carrier submitted its turnaround plan, officials said.
NEW YORK: Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the US$1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.
Highlights of last week’s stories – Genting, AirAsia, telecommunications, AMMB
TOKYO: Japanese companies are ramping up the use of artificial intelligence and other advanced technology to reduce waste and cut costs in the pandemic, and looking to score some sustainability points along the way.
SYDNEY: Australia’s treasurer said he’s considering measures to support firms like Qantas Airways Ltd and others that are still struggling with fallout from the coronavirus pandemic, once the government’s JobKeeper wage subsidy expires late next month.
NEW YORK: Not even the coronavirus pandemic could dampen Warren Buffett’s enthusiasm for the future of America and his company Berkshire Hathaway Inc.
NEW YORK: Warren Buffett's enthusiasm for the future of America and his company Berkshire Hathaway Inc has not been dimmed by the coronavirus pandemic.
KUALA LUMPUR (Reuters) - Budget carrier AirAsia Group Bhd has postponed its fourth-quarter earnings release by about a month, just as its closed Japan unit starts bankruptcy proceedings.