In a statement U.S. Trade Representative’s office said it will conduct an inter-agency review of its trade tools and policies to fight forced labor in order to determine whether there are any gaps that need filling. The review, part of… Read More ›
Economy & Finance
US Qatar to discussion energy security on Jan 31
US President Joe Biden and Qatar’s ruling emir are set to hold negotiations at the White House on January 31, 2022 on a range of issues including global energy security, said the White House midst concerns about gas supplies to… Read More ›
Singapore, Indonesia sign extradition treaty, defense agreements
In a significant development, Singapore and Indonesia have signed a bilateral extradition agreement aimed at bringing to justice those who have been accused of stashing offshore billions of dollars in state money. The two countries also signed bilateral agreements covering… Read More ›
Cash strapped Shimao Group sells sake in Guangzhou Asian Games City to reduce debt
China’s Shimao Group, a property developer has joined smaller peer Agile Group to sell its stake in the Guangzhou complex to China Overseas Land & Investment, a state-owned partner in a move aimed at slashing its debt. Late on Monday, Shimao,… Read More ›
Zip Co Ltd in early talks to acquire rival Sezzle Inc for undisclosed amount
On Tuesday, in a statement Sezzle Inc said, it is in talks larger Australian rival Zip Co Ltd which aims to acquire it for an undisclosed amount. With the news reaching the market, shares of the buy-now-pay-later company soared by… Read More ›
Euro Zone’s Rebound Stalled In January As Omicron Impacted Services: PMI
The euro zone’s economic recovery slowed, even more, this month, according to a survey released on Monday, as fresh limitations imposed to manage the omicron coronavirus variety slowed the bloc’s main services activity and prices continued to rise. With the… Read More ›
Ukraine crisis pits Germany’s main gas supplier with biggest security allies
In an interview to German Sueddeutsche Zeitung German Chancellor Olaf Scholz said, Europe and Washington must think carefully and act prudently when considering sanctions against Russia for any aggression against Ukraine. The Ukraine-Russia crisis pits Berlin’s main gas supplier with… Read More ›
Hong Kong’s draconian COVID-19 measures benefits Singapore’s financial services
In late 2021, Tania Sibree decided to quit her well-paying job as a financial services lawyer in Hong Kong and returned to Australia rather than live a moment longer in the Chinese city. Sibree is one among possibly thousands of… Read More ›
Lufthansa eyeing purchase of 40% stake in Italy’s ITA Airways
According to a report from Italian daily Il Foglio, Lufthansa has agreed to purchase a 40% stake in ITA Airways in a deal that could be officially announced next week. ITA Airways re-commenced operations on October 15 with nearly 2,300 employees… Read More ›
Netflix’s Lacklustre Growth Projections Cast A Cloud Over The Video Streaming Industry
Even as Netflix Inc executives attempted to reassure investors in a Thursday video interview that the company’s long-term streaming media prospects remain bright, with its popular series “Bridgerton” set to return for a second season and a science-fiction film starring… Read More ›
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