plan
Billionaire Richard Li’s FWD Group revives Hong Kong IPO plan: sources
BILLIONAIRE Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three sources with direct knowledge of the matter, after regulatory delay and market...
Boeing set to deliver plan to regulators on upgrading safety
BOEING is expected to deliver on Thursday a “comprehensive action plan” required by US air safety regulators after a near-catastrophic incident in January.The American aeronautics giant has faced intense...
Robinhood jumps on plan to buy back up to US$1 billion of shares
ROBINHOOD Markets jumped after the retail brokerage announced a plan to repurchase as much as US$1 billion of its own shares. The firm expects the buyback programme to kick...
Amazon in talks with Italy to invest billions of euros in cloud plan: sources
AMAZON’S computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data centre business in the country as part of the...
OUE’s buyback plan may not permanently lift investor appetite for its depressed shares
INVESTORS reacted positively this past week to OUE’s announcement of an off-market, equal-access buyback of up to 10 per cent of its outstanding shares.
The corporate exercise may not result...
SpaceX weighs plan to sell shares valuing firm at US$200 billion
ELON Musk’s SpaceX has initiated discussions about selling existing shares at a price that could value the closely held company at roughly US$200 billion, according to sources familiar with...
TikTok said to plan job cuts amid a wave of tech industry layoffs
TikTok is expected to make cuts to its global staff, in another blow for the popular social video app as it faces the threat of a new law that...
Asia: Markets rise as traders cheered by China property plan
EQUITIES rose Monday in Asia, extending a rally in New York that saw the Dow close at a record high, with sentiment boosted by China’s plan to support its...
