Fashion
OUE Healthcare unit signs alliance agreement with Shanghai hospital
Under the accord, the two hospitals will have a ‘two-way green channel access’ for patientsCATALIST-LISTED OUE Healthcare, through its joint venture hospital in Changshu, China, has signed a healthcare...
AstraZeneca signs US$1.92 billion licensing deal with HK-listed CSPC
Hong Kong-based CSPC will also get an upfront payment of US$100 million as part of the dealAstraZeneca said on Monday (Oct 7) it would pay up to US$1.92 billion...
Samsung Electronics not interested in spinning off foundry business
Samsung Electronics is not interested in spinning off its contract chip manufacturing business as well as its logic chip designing operation, its chairperson Jay Y Lee told Reuters on...
BP drops oil output reduction target in strategy reset: sources
BP HAS abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three...
LG Energy aims to double sales by expanding non-EV business
BATTERY maker LG Energy Solution said it plans to more than double sales by 2028, through aggressively expanding non-electric vehicle businesses such as energy storage system.The South Korean company...
Indonesia to impose anti-dumping duties on some flat-rolled iron products from China, South Korea, Taiwan
INDONESIA will impose anti-dumping duties on some flat-rolled iron products from China, South Korea and Taiwan starting next week, according to a finance ministry regulation released on Monday (Oct...
Tokyo Metro looks to raise up to US$2.4 billion in largest Japan IPO since 2018
TOKYO Metro has set a price range at 1,100 to 1,200 yen per share, against an initial estimate of 1,100 yen, a regulatory filing showed on Monday (Oct 7).At...
Commerzbank would lose clients in UniCredit merger, German lender’s CEO says
COMMERZBANK and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina Orlopp told a local newspaper, saying any tie-up with its Italian peer...
Bank Indonesia intervenes in FX markets after rupiah slump
Bank Indonesia is intervening in the spot, domestic non-deliverable forwards and bond markets to maintain the balance of currency supply and demandIndonesia’s central bank is stepping into the market...
Boeing returns to wage talks after two weeks of strike stalemate
TWO weeks after Boeing tried and failed to end a strike with the brash move of a direct offer to workers, the planemaker and its largest union are taking...
