Malaysia’s AirAsia X aims to stave off liquidation with $15 billion debt restructure

[ad_1] KUALA LUMPUR (Reuters) – Malaysia’s AirAsia X Bhd AIRX.KL, the long-haul arm of AirAsia Group Bhd AIRA.KL, said it wanted to restructure $15.3 billion of debt and slash its…

Deals of the day-Mergers and acquisitions

[ad_1] (Updates Gilead) March 2 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** U.S. utility Evergy Inc said it would appoint…

Wirecard’s missing $2.1 billion didn’t enter Philippine financial system, central bank says

[ad_1] MANILA (Reuters) – None of the $2.1 billion missing from scandal-hit German payments firm Wirecard AG WDIG.DE appears to have entered the Philippine financial system, the central bank said…

China, Hong Kong stocks fall on Sino-U.S. tensions

[ad_1] * SSEC -0.7%, CSI300 -0.8%, HSI -1.7% * HK->Shanghai Connect daily quota used -1.7%, Shanghai->HK daily quota used 2.8% * FTSE China A50 -0.9% SHANGHAI, Dec 7 (Reuters) –…

Exclusive: Malaysia probing Norway’s Aker Solutions over Petronas dealings, sources say

[ad_1] KUALA LUMPUR (Reuters) – Malaysia’s anti-graft agency is investigating Norway’s largest oil services provider Aker Solutions on suspicions of making false statements in its dealings with state-owned energy firm…

FEATURE-Danish social enterprise manufactures self-esteem for disabled

[ad_1] By Thin Lei Win, Thomson Reuters Foundation AARHUS, Denmark, May 6 (Thomson Reuters Foundation) – J eanett Dian Amonsen was a high-flying TV journalist with a state broadcaster when…

Britain says it’s back as major trade force as it signs Singapore deal

[ad_1] SINGAPORE (Reuters) – Britain said it was re-emerging as a major trade force as it signed a free trade deal with wealthy city-state Singapore on Thursday, its latest agreement…

Fratelli Cosulich to Add Methanol to its Singapore Offer

[ad_1] Container shipping: demand opportunities. File Image / Pixabay. Bunker company Fratelli Cosulich is to order methanol bunker barges for its Singapore bunkering operation. Vessel orders will be made…

Emerging new hope: Carlsberg Malaysia to bolster branding and premium portfolio as part of new 5-year strategy

[ad_1] Carlsberg Malaysia (covering the firm’s Malaysia, Singapore and Sri Lanka operations) closed out the 2022 financial year with 36.1% growth in revenue from RM1.8bn (US$406.4mn) in FY2021 to RM2.4bn…

Airlines, hotels hook outbound Indians

[ad_1] Airline and hotel companies are tempting Indians to travel and stay abroad with discounts and buy-one-get-one-free deals at a time outbound travel from China has ebbed. Airline and hotel…