Amazon’s new offerings make India centre of fintech push
NEW DELHI/MUMBAI – Amazon.com Inc (AMZN.O) has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to …
Read MoreBusiness
Eying a shale rebound, Liberty Oilfield strikes deal with Schlumberger
DENVER – Liberty Oilfield Services’ acquisition of Schlumberger’s shale fracking business will make it the third-largest oilfield services firm by North American revenue, nudging out Baker Hughes Co (BKR.N) in …
Read More
Exxon Mobil offers voluntary redundancy for Australian employees
Exxon Mobil Corp (XOM.N) said on Wednesday that it has started a voluntary redundancy programme for its Australian employees, in a bid to ensure it gets through “unprecedented” market conditions. …
Read More
Exxon weighs global job cuts after unveiling Australian lay-off plan
MELBOURNE/HOUSTON – Exxon Mobil Corp (XOM.N) said on Wednesday it is assessing worldwide job cuts as the global coronavirus pandemic slices into fuel demand, with the largest U.S. oil company …
Read More
Dating app Bumble preparing for an IPO above $6 billion
Dating app Bumble is preparing for an initial public offering (IPO), and could seek a valuation of $6 billion to $8 billion, Bloomberg News reported on Tuesday, citing people familiar …
Read More
PayPal entry punishes Australia’s pricey buy-now-pay-later stocks
SINGAPORE – Shares in Australia’s Afterpay Ltd (APT.AX) and its smaller consumer lender rivals tumbled for a second day on Wednesday, as the entry of U.S. giant PayPal into the …
Read More
Samsung eyes new opportunities as pandemic ignites demand for home appliances
SEOUL – From sanitising closets to customisable fridges, the coronavirus pandemic has fanned demand for home appliances – so much so that Samsung Electronics Co Ltd (005930.KS) is adding warehouses …
Read More