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TOKYO: Japan Post Holdings Co Ltd said yesterday it would book a 67.4 billion yen (US$623.8mil or RM2.57bil) one-off loss in the financial year ended March on the partial sale of Toll Holdings, its money-losing Australian logistics arm.
US$19bil group bets on electric cars, digital services
A 2016 order made by the Finance Ministry for former Prime Minister Yingluck Shinawatra to pay 35.7 billion baht (RM4.1bil) in compensation for losses incurred by a money-losing rice farming subsidy programme that her 2011-2014 administration launched, has been annulled by a court here.
A court in Thailand on Friday (Apr 2) annulled a 2016 order by the country’s Finance Ministry for former Prime Minister Yingluck Shinawatra to pay 35.7 billion baht (US$1.1 billion) in compensation for losses incurred by a money-losing rice farming subsidy program that her 2011-2014 administration launched.
Lyft Inc expects customers will be able to use its app to hail cars without drivers starting in 2023, the company said Wednesday.
SINGAPORE: Sea Ltd, South-East Asia’s most valuable company, tumbled after reporting third-quarter financial results that showed signs of a slowdown in e-commerce growth
SINGAPORE: Sea Ltd., Southeast Asia’s most valuable company, tumbled after reporting third-quarter financial results that showed signs of a slowdown in e-commerce growth.
TOKYO: Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after years of struggling to make money amid stiff competition.
The US Department of Justice and 11 states filed their long-awaited competition lawsuit against Google on Tuesday – the most momentous antitrust showdown since Washington took on Microsoft Corp more than two decades ago – but experts warn that anyone expecting a major shake-up of the tech industry is likely to be disappointed.
NEW YORK, Oct. 11 (Xinhua) -- Curbside pickup, which has saved many U.S. businesses from the fallout of months-long COVID-19 pandemic, is turning into some retailers' best strategy for long-term survival in the e-commerce age, The New York Times reported on Sunday.