Apollo Global said on Monday it would buy Athene Holding in an all-stock deal valuing the annuities provider at about US$11 billion, making it the private equity firm’s first major deal after co-founder Leon Black stepped down as CEO. REUTERS: Apollo Global said on Monday it would buy Athene Holding […]
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WASHINGTON: More than 20,000 U.S. organizations have been compromised through a back door installed via recently patched flaws in Microsoft Corp’s email software, a person familiar with the U.S. government’s response said on Friday. The hacking has already reached more places than all of the tainted code downloaded from SolarWinds […]
SYDNEY: Australian public broadcaster SBS said it would stop using content from Chinese state-run television today, pending a review of serious human rights concerns. The Australian television, radio and web outlet — which specialises in multilingual, multicultural content — said it was investigating CGTN and CCTV’s airing of dozens of […]
BEIJING: China on Friday (Mar 5) set a modest annual economic growth target, at above 6 per cent, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy planned a careful course out of a year disrupted by the effects of COVID-19. In 2020, […]
SINGAPORE: ExxonMobil said on Tuesday (Mar 2) it will cut about 7 per cent of its workforce in Singapore, as “unprecedented market conditions” due to the COVID-19 pandemic accelerate ongoing reorganisation. About 300 positions will be impacted by the end of 2021, the oil major said. ExxonMobil has more than […]
The Chinese government has made an investment in BGI Genomics Co, a listed Chinese company that has supplied millions of COVID-19 tests globally as the gene firm seeks to fund exponential growth driven by the pandemic. SYDNEY: The Chinese government has made an investment in BGI Genomics Co, a listed […]
TOKYO: Japan has requested that airlines avoid using Boeing 777 planes with Pratt & Whitney 4000 engines for take-offs, landings and overflights in its territory until further notice, the Japan Aeronautical Information Service Center said. The notice to airmen, issued on Sunday (Feb 21) evening, came after a United Airlines […]
SYDNEY: Australia’s government pledged a publicity campaign for its rollout of COVID-19 vaccine on Sunday (Feb 21) – but not in Facebook advertisements, as a feud continues over the social media giant blocking news content from its platform in the country. Facebook’s abrupt decision on Thursday to stop Australians from […]
SINGAPORE: More than 52,000 workers across the transport sector have already received their first dose of the COVID-19 vaccine, the Ministry of Transport (MOT) announced on Thursday (Feb 11). These include 39,000 frontline staff in the aviation and maritime sectors or about 90 per cent of the 43,000 expected to […]
BRUSSELS: EU countries on Wednesday agreed to take a joint position in forthcoming negotiations with EU lawmakers and the European Commission on planned privacy rules governing Facebook’s WhatsApp and Microsoft’s Skype, ending a three-year impasse. The European Commission proposed its ePrivacy Regulation in 2017, which would subject WhatsApp and Skype […]