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May 28, 2022

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Malaysia’s AirAsia to buy Gojek’s Thai business for $50 mln in shares

July 29, 2021July 23, 2021 - by buksmagcom

Malaysian budget carrier AirAsia Group said it will buy Indonesian ride-hailing and payments firm Gojek’s Thailand business in a stock swap, giving Gojek a 4.76% stake in the airline’s lifestyle …

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Business

UK housing boom may derail post-Brexit trade dreams

July 28, 2021July 23, 2021 - by buksmagcom

History suggests Britain’s house price surge could threaten hopes of post-Brexit export-powered growth, if finance minister Rishi Sunak uses the housing market to fuel the economy like his predecessors did. …

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Business

German consumer group files diesel emissions lawsuit against Daimler

July 27, 2021July 23, 2021 - by buksmagcom

Germany’s largest consumer protection group filed a lawsuit on Wednesday against car maker Daimler that it said would make it easier for Mercedes owners to gain redress over a diesel …

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Business

Japan budget framework features special spending on growth areas

July 26, 2021July 23, 2021 - by buksmagcom

Japan unveiled an annual budget framework on Wednesday for the next fiscal year aimed at boosting growth in areas targeted by Prime Minister Yoshihide Suga, with eyes on a post-pandemic …

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Business

British recruiters signal recovery in hiring as economies exit lockdowns

July 25, 2021July 23, 2021 - by buksmagcom

British recruiters PageGroup (PAGE.L) and Robert Walters (RWA.L)raised their annual profit forecasts on Wednesday on increased hiring across their biggest marketslast month, signalling a recovery for an industry hammered by …

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Business

Shares of China EV maker Xpeng set to open up 1.8% in Hong Kong debut

July 24, 2021July 23, 2021 - by buksmagcom

Shares of Chinese electric vehicle (EV) maker Xpeng Inc (9868.HK) are set to open up 1.8% from their initial public offering (IPO) price in the company’s dual primary listing debut …

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Business

Samsung Electronics flags 53% jump in Q2 profit, tops estimates

July 23, 2021 - by buksmagcom

Samsung Electronics Co Ltd (005930.KS) on Wednesday reported a likely 53% jump in second-quarter operating profit, beating market estimates on the back of strong chip prices and demand despite lower …

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