Friday, 26 April 2019

Booking Holdings becomes latest investor in Southeast Asia’s Grab

SINGAPORE U.S. travel firm Booking Holdings Inc has invested $200 million in Southeast Asian ride-hailing firm Grab as part of a strategic partnership between...

Netflix adds to growing debt pile with $2 billion bond issue

Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the...

British Airways website suffers data breach; 380,000 payments affected

Bengaluru Financial data has been stolen from potentially hundreds of thousands of British Airways customers who made online bookings in recent weeks, extending a run...

Japan telco shares jump after Docomo announces smaller-than-feared price cuts

TOKYO Shares in Japan’s big telcos jumped on Tuesday after market leader NTT Docomo announced smaller-than-feared price cuts, alleviating concerns about a profit-dampening price war. NTT...

Alibaba takes control of film group in $160 million share purchase

BEIJING Alibaba Group Holding Ltd said on Monday it will increase its stake in Hong Kong-listed Alibaba Pictures to 51 percent, taking control of the...

Netflix turns to Bollywood to script India growth story

BENGALURU Netflix Inc premiered its first original series in India in a sheen of Bollywood glitter yesterday, upping the stakes in its battle with streaming...

Box Office – ‘Dumbo’ Lands at No. 1 With Soft $45 Million

LOS ANGELES Disney’s “Dumbo” had an underwhelming liftoff at the domestic box office. Tim Burton’s live-action remake debuted with $45 million from 4,259 North American...

Explainer: What’s at stake in U.S.-China trade talks

WASHINGTON U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American negotiators try to hammer...

With smiles and handshakes, North Korea’s Kim lightens summit mood

Ju-min Park SEOUL The golden doors on the stately North Korean building swung open and leader Kim Jong Un, in a black Mao suit and surrounded...

Breakingviews – Apple departure points to wider mystery

NEW YORK The surprise departure of Apple’s retail chief, Angela Ahrendts, leaves two questions. Why did she leave? And had she done a good job?...

Turkey doubles tariffs on some US imports over economy ‘attacks’

ISTANBUL Turkey has doubled tariffs on some imported US goods in what its vice president said was a response to deliberate US attacks on the...

Canada, US reach deal to save NAFTA as trilateral trade pact

OTTAWA / WASHINGTON The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a...
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