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LONDON: Supermarkets, food manufacturers and restaurant chains under pressure from campaigners over their environmental impact urged Britain on Monday to strengthen a plan to stop tropical forests from being cut down to grow cocoa, palm oil and soy.
HONG KONG: Bank of East Asia Ltd (BEA), which counts Guoco Company Management Ltd as a substantial shareholder, has decided to initiate a sale of its insurance business and is seeking a strategic partner for its mainland China business following a review of its portfolios and assets.
WITH gold above US$2,000 and central banks flooding the world with cash, the prospect of surging inflation is again starting to exert a grip on the minds of investors. Concern is premature: Deflation remains the bigger threat.
NEW YORK: Dozens of millionaires from the US and six other countries have a message for their governments: “Tax us. Tax us. Tax us.”
DOZENS of millionaires from the U.S. and six other countries have a message for their governments: "Tax us. Tax us. Tax us.”
WASHINGTON: The International Chamber of Commerce, a global trade union and civil society groups urged the Group of 20 major economies to extend and expand a freeze in debt service payments to help not just the poorest, but also middle-income countries, weather the coronavirus pandemic and its economic fallout.
DUBAI/SINGAPORE: Global airlines urged the world's major economies to act quickly to prevent irreversible damage to an industry that has seen demand decimated almost overnight by the coronavirus crisis.
BEIJING (Bloomberg) -- A US chipmaker’s attempt to acquire a peer with a valuable Chinese affiliate has spurred concern in Beijing, as tensions between the world’s two biggest economies threaten to disrupt the global tech supply chain.
SINGAPORE (Bloomberg) -- Sabana Shari’ah Compliant Industrial REIT and ESR-REIT, two Singapore-listed real estate investment trusts, are being urged to merge by activist fund Quarz Capital Management Ltd.