Reuters
Stories by Reuters
Singapore oil trader ZenRock owes over $600m to creditors
ZenRock’s application came after HSBC sought to place the company under judicial management.
Uber sees rides recovering from virus lows, banks on food-delivery momentum
Analysts welcomed the jump in delivery orders but cautioned it could be a one-off trend during the pandemic.
Yum China keeps bets on dine-in, sticks to expansion plans after coronavirus
In reopening its restaurants Yum China has made the wearing of masks and temperature checks mandatory.
White House appointments to impact pension fund investment decisions in China
The White House named three nominees to sit on a board that oversees federal employee pension funds.
UK watchdog investigates EY audit of Abu Dhabi’s NMC Health
NMC is the largest private healthcare provider in the UAE but came under scrutiny late last year.
Uber shuts down Eats operations in eight smaller markets
The company has made a decision to discontinue Uber Eats in Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Ukraine, and Uruguay.
Companies on China’s STAR hi-tech market post profit growth amid virus outbreak
STAR companies recorded combined net profit of $397.33 million for the first quarter of 2020, up 14 per cent year-on-year.
Over 120 listed Chinese firms delay annual reports past April 30 deadline
A widespread lockdown prevented auditors to make the checks needed to approve client accounts.
Deutsche Bank’s advisor to CEO set to take over as Asia head and board member
Deutsche believes Asia-Pacific, with 13 per cent of the bank's revenue and 22 per cent of staff, offers growth potential.
India’s Reliance said to cut pay of execs in oil-and-gas division
The pay cuts were cited in a company note to employees dated April 29.
