Gautam Adani, Asia’s second-richest man, finally has a succession plan for his company
One of Asia’s richest men said the next generation is ready to take over his sprawling company – but it won’t happen for at least eight years.
Enterprise asian news
EU approves Hewlett Packard Enterprise's $14 billion Juniper deal
The EU Commission on Thursday said it had unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise.
Singapore Income Insurance’s deal with Allianz raises fears of profit over social mission
Income started as a social enterprise and has had a long-standing objective to provide affordable insurance to Singaporeans, and its sale to a listed company could shift its priorities, they say.
Indonesia's bid to create family office hub in Bali is a tough ask
Alldo Fellix Januardy is a managing partner at the Jakarta-based AVYA Law Firm, specializing in family enterprises and multigenerational family estates. He is also the co-founder of LogikaRasa, a Jakarta-based startup promoting Indonesian literature.
Chinese state enterprises to pour $414bn into equipment upgrades
SHANGHAI -- Chinese state-owned enterprises will invest 3 trillion yuan ($413.8 billion) over the next five years to upgrade their equipment, the government's supervisor for state assets said on Friday, as the country races to bolster its industrial supply chain as laid out in a key economic blueprint.
The CrowdStrike fail and next global IT meltdown already in the making
When computer screens went blue worldwide on Friday, flights were grounded, hotel check-ins became impossible, and freight deliveries were brought to a stand-still. Businesses resorted to paper and pen. And initial suspicions landed on some sort of cyberterrorist attack. The reality, however, was much more mundane: a botched software update from the cybersecurity company CrowdStrike.
CrowdStrike shares tank 15% in premarket after major outage hits businesses worldwide
Cybersecurity firm CrowdStrike saw its shares plunge Friday, after an update led to a major outage, impacting businesses across the world.
Philippine politician who praised natural gas takes heat for business dealings after AP reporting
An influential Philippine governor is the subject of controversy following an Associated Press investigation into his links to the expanding natural gas industry in his province.