Leadership
India’s Bajaj Housing Finance more than doubles in debut, fetches US$16 billion valuation
Shares of Bajaj Housing Finance more than doubled in their trading debut on Monday (Sep 16), giving the company a market capitalisation of US$16 billion and making it India’s...
Volkswagen may book up to US$4.4 billion in provisions on capacity cuts
Volkswagen is considering shutting plants in Germany for the first time in its history Volkswagen may book up to US$4.4 billion in provisions for planned capacity cuts as early...
UniCredit starts 1.7 billion euro share buyback in top payout pledge
UniCredit said it will start repurchasing as much as 1.7 billion euros (S$2.44 billion) of its own stock as it delivers on the biggest payout pledge among European banks. The...
TikTok’s US future hangs in balance at federal court
TIKTOK will attempt to convince a federal court on Monday (Sep 16) that a law requiring the video-sharing app to divest from its Chinese ownership or face a ban...
PwC making investments for ‘high quality’ business in China, internal memo says
PWC is making “tangible investments” to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators on...
Oil prices inch up on Fed rate cut outlook
OIL prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane...
China cancels flights, evacuates thousands as typhoon nears
TYPHOON Bebinca’s imminent landing in China’s east coast has led to the cancellation of hundreds of flights and the evacuation of hundreds of thousands of residents in Shanghai and...
Shanghai slammed by strongest typhoon to hit city since 1949
THE strongest typhoon in more than seven decades has struck China’s financial capital, bringing gale-force winds and heavy rain to the eastern seaboard and disrupting holidaymakers at the start...
