At a time when China’s tougher monitoring of its companies has hampered capital raising through foreign IPOs, smaller Chinese companies in need of capital are racing for quick offshore listings through the merger route with blank-check enterprises, according to corporate executives and bankers. The businesses… Read More ›
Day: March 10, 2022
Apple Likely To Be More Appealing To Low-Purchasing Consumers In Asia With 5G iPhone SE
According to analysts, the low-cost 5G model of its iPhones would help Apple Inc to boost its appeal in the Asian market, – a market where the iPhone maker is rivalling with a slew of rivals ranging from South Korea’s… Read More ›
Air France-KLM, and Delta Airlines express interest to purchase majority stake in ITA Airways
With the backing of an international fund, Air France-KLM, and Delta Airlines have expressed interest to purchase a majority stake in Alitalia’s successor ITA Airways, reported La Repubblica citing a government source. According to the report, the expression of interest was… Read More ›
Mining major Rio Tinto joins exodus of foreign companies leaving Russia
In a significant development, Rio Tinto has become the first major mining company to cut ties with Russia related businesses joining an exodus of global companies over its invasion of Ukraine. Sony and Nintendo have also suspended deliveries of their… Read More ›
Malaysia fully open international borders to travelers from April 1
In a statement Malaysian Prime Minister Ismail Sabri Yaakob said, Kuala Lumpur will reopen its borders from April 1 and allow entry of visitors without quarantine requirements for those who are fully vaccinated against COVID-19. Since March 2020, Malaysia has… Read More ›