In the third quarter, LVMH observed a decline in sales growth as consumers restrained their expenditure on premium Cognac and high-priced handbags, marking further evidence [more…]
General Motors and the Canadian auto workers’ union have reached a tentative contract agreement, ending a strike that began shortly after midnight. Approximately 4,300 striking [more…]
Japan’s Mitsubishi Corp, a global integrated business enterprise, has secured a 9-billion-peso ($158 million) contract to supply new generation trains for the Light Rail Transit [more…]
Country Garden, one of China’s largest property developers, has issued a second warning in just over two months about the possibility of defaulting on its [more…]
A former Goldman Sachs executive who was convicted in the United States for his involvement in the embezzlement of a Malaysian sovereign wealth fund has [more…]
Bristol-Myers Squibb has announced its acquisition of Mirati Therapeutics for a potential sum of $5.8 billion, signaling a strategic move to expand its presence in [more…]
Hong Kong-based construction tech company isBIM has received an investment of HK$46.8 million (US$5.9 million) from MTR Lab and venture capital firm Gobi Partners GBA. [more…]
Lazada, which is an e-commerce marketplace in Southeast Asia owned by Alibaba, is actively seeking sellers affected by Indonesia’s latest e-commerce regulation. This information was [more…]
According to analysts, Metro Bank in the UK is facing difficulties in raising fresh capital to bolster its balance sheet. The beleaguered bank’s stock has [more…]
Indonesian online lending firm Investree is in the process of securing approximately 220 million euros (US$230.8 million) in series D funding through a joint venture [more…]
