Global education publisher Pearson has appointed Andy Bird as its next chief executive, turning to a media veteran who helped build Walt Disney's consumer digital business to see it through its latest transformation.
The first batch of firms listing on mainland China's Nasdaq-style ChiNext board under its revised IPO system made their debut on Monday and saw staggering gains. Contec Medical Systems jumped more than 1,000% on the day while Ningbo KBE Electrical Technology surged more than 740%.
ByteDance investors are in talks to use their stakes in the Chinese technology firm to help finance their bid for its popular short-video app TikTok, according to people familiar with the matter.
IndiGo's parent-company reported a pre-tax loss of 28.42 billion rupees ($379 million) in the three months that ended in June, compared to a 15.09 billion rupee-profit a year earlier.
Rio Tinto said on Monday it will cut the short-term bonuses of its chief executive Jean-Sébastien Jacques and two other senior executives following a review of the company's destruction of two ancient caves in Australia.
Shares of 18 companies surged on their ChiNext debut on Monday, kicking off a historic reform that will see Shenzhen officially challenge Shanghai for tech listings, while adding fuel to a "technology war" with the United States.
CEO Alan Joyce said it had become increasingly clear that the airline's international flights would be grounded until at least mid-2021 and it would take years for flying to return to historical levels.
China's e-commerce and food delivery giants are reaping the benefits of an increasing number of consumers shopping online and businesses trying to digitize, a move accelerated by the coronavirus outbreak.
Apple Korea has been under investigation by the Korea Fair Trade Commission over allegations it abused its dominant position by forcing mobile carriers to pay for advertising and warranty repairs.
The U.S. economic recovery is in question, given its weak coronavirus response. The dollar had also reacted to the country's surging deficit and the prospect of U.S. interest rates remaining lower for longer.
The availability of a vaccine before the U.S. presidential election could allow President Donald Trump to justify his administration's handling of the coronavirus pandemic, which has faced widespread criticism.
Tens of thousands of anti-government protesters packed the streets of Belarus's capital Minsk on Sunday as the army warned that it, not the police, would respond to unrest near the city's national memorials.
World leaders and the public must learn to manage the virus and make permanent adjustments to their daily lives to bring the virus down to low levels, the WHO said.
Three major vulnerabilities emerge in China's economy at a potential turning point in its relations with the world, says Federated Hermes portfolio manager Steve Chiavarone.
Over $50 billion of cryptocurrency moved from China-based digital wallets to other parts of the world in the last year, pointing to possibilities that Chinese investors are transferring more money than they are allowed to out of the country, a new report claims.