Japanese supermarket chain Aeon Co Ltd , Asia’s biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the Tokyo Olympics.
Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China’s Ant Financial.
Jan.21 — John Riady, chief executive officer at Lippo Karawaci, discusses economic growth in Indonesia. He speaks with Bloomberg’s Haslinda Amin at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Markets: European Open.” …read more […]
Oil prices fell nearly 1% on Tuesday as investors expected Libya’s oil production to eventually resume following a force majeure declared by the oil exporter on two major oilfields amid a military blockade.
Oil major BP Plc said on Tuesday its finance chief Brian Gilvary will be retiring after eight years in the role, with the announcement coming just two weeks before Bernard Looney takes over as chief executive officer.
British oil major BP Plc said on Tuesday its finance chief Brian Gilvary will be retiring after eight years in the role at the end of June and will be succeeded by Murray Auchincloss.
Oil prices fell nearly one percent on Tuesday as investors expected Libya’s oil production to eventually resume following a force majeure declared by the oil exporter on two major oilfields amid a military blockade.
Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering center outside the United States after Britain leaves the European Union.
Japanese supermarket chain Aeon Co Ltd , Asia’s biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the summer Olympics.
(Bloomberg Opinion) — In Israel, the 75th anniversary of the liberation of the Auschwitz concentration camp will be marked by somber speeches, moments of silence, the attendance of many world leaders and the notable absence of one: Polish President Andrzej Duda.His absence at the Jan. 23 commemoration is more than just a diplomatic oversight. It has angered senior members of President Donald Trump’s administration and widened a rift between Poland and Israel. U.S. officials tell me that they fear the event itself will be seen as a victory for the Kremlin, which in recent years has sought to push propaganda …read more […]
Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, sources with knowledge of the matter said.
Jan.20 — Tim Moe, chief Asia-Pacific equity strategist at Goldman Sachs, discusses the risk-off mood in Asian markets and his outlook for markets in Hong Kong. He speaks with Bloomberg’s Stephen Engle on “Bloomberg Markets: Asia” from the sidelines of the Goldman Sachs Global Macro Conference Asia Pacific in Hong Kong. …read more […]
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Taiwan’s Pegatron Corp. plans to set up production facilities in Vietnam, according to people familiar with the matter, becoming the latest Apple Inc. assembly partner to establish a presence in the Southeast Asian nation as they diversify beyond China.Taipei-listed Pegatron is looking for a site to build a brand new facility in the north of the country, according to people familiar with the matter who asked not to be identified discussing private plans. It already has rented a separate facility …read more […]
Asian shares took a sudden turn for the worse on Tuesday as mounting concerns about a new strain of coronavirus in China sent a ripple of risk aversion through markets.
(Bloomberg) — Financial markets saw a flight from risk in Asia trading Tuesday amid growing concern about the outbreak of a virus originating in central China.Risk assets from Hong Kong and Chinese stocks to the Korean won tumbled, while havens such as the yen and Treasuries climbed following reports that multiple medical workers have been infected by the virus and the death count grew to four people. The moves come as hundreds of millions of Chinese prepared to travel across the country and globally for the Lunar New Year and a day after Moody’s Investors Service downgraded Hong Kong by …read more […]
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