Sources
FBI agents deliver grand jury subpoenas as ADM criminal probe escalates: sources
FBI agents delivered grand jury subpoenas to current and former employees of grain trader Archer-Daniels-Midland this week, three sources with knowledge of the matter told Reuters. The subpoenas were...
Hong Kong stock exchange poised to name Carlson Tong as new chair: sources
HONG Kong Exchanges and Clearing (HKEX) is set to name Carlson Tong its new chairman, sources with direct knowledge of the matter said, the most senior management change at...
Bruce Lee film studio weighing sale of Singapore Golden Village cinemas: sources
ORANGE Sky Golden Harvest Entertainment Holdings is considering selling its movie theatres in Singapore and Taiwan and seeking a valuation of at least US$400 million for the assets, according...
China gives green light to Stellantis-Leapmotor joint venture: sources
A PROPOSED joint venture that would allow world No 4 automaker Stellantis to build and sell Leapmotor’s electric vehicles (EVs) outside China has received approval from a Chinese regulator,...
Morgan Stanley cuts 9% China fund unit staff amid market rout: sources
MORGAN Stanley has laid off about 9 per cent of its staff at its asset management business unit in China, two people with direct knowledge of the matter said,...
BOJ seen revising down assessment on consumption and output: sources
THE Bank of Japan (BOJ) is expected to revise down its assessment on consumption and factory output this month, three sources familiar with its thinking said, nodding to recent...
Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs: sources
GULF retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business takes a hit...
Some Opec+ members agree to extend voluntary cuts to Q2: sources
SOME members of the Organization of the Petroleum Exporting Countries and allies led by Russia (Opec+) have agreed to extend voluntary first-quarter oil output cuts into the second quarter,...
