Leadership
Uber, Lyft reach deal with Massachusetts on driver benefits
Uber Technologies and Lyft agreed to a series of worker benefits to resolve a longstanding state lawsuit in Massachusetts that challenged drivers’ employment status as independent contractors, putting a...
US: Nasdaq, S&P 500 open higher as cool inflation data lifts rate cut bets
The tech-heavy Nasdaq and the benchmark S&P 500 opened higher on Friday (Jun 28) as a report closely watched by the Federal Reserve showed inflation moderating in line with...
Del Monte posts higher loss for Q4 FY2024, expects less red ink next FY
PHILIPPINE food-and-beverage manufacturer Del Monte Pacific fell deeper in the red with a net loss of US$76.7 million for the fourth quarter ended Apr 30, from its loss of...
Wilmar raises its stake in Pakistan edible oils maker to 42.17%
The group’s subsidiary and a related company buy around US$15.4 million worth of shares in Unity FoodsWILMAR International has upped its effective stake in Unity Foods, a Pakistan-listed edible...
India’s Jio, Bharti Airtel hike call tariffs for first time in three years
RELIANCE’S Jio and Bharti Airtel, India’s two largest telecom operators, raised their tariffs for the first time in three years, aiming to begin recouping the billions poured into 5G...
Asia to emerge as hot spot for equity deals as India activity surges
A POSSIBLE revival in IPOs in Hong Kong after a pickup in Chinese regulatory approvals, and a string of mega deals in India are expected to make Asia a...
At least four companies launch Hong Kong IPOs to raise about US$500 million
Bankers are hoping an increase in Chinese regulatory approvals and a surge in Indian deals will make Asia an equity capital market hotspot in the second half of 2024At...
At least four companies launch Hong Kong IPOs to raise about US$500 million
Bankers are hoping an increase in Chinese regulatory approvals and a surge in Indian deals will make Asia an equity capital market hotspot in H2 2024At least four companies...
