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South African retailer Steinhoff seeks court approval for debt restructuring

Steinhoff International , said on Thursday it has sought approval from a Dutch court for a debt restructuring plan aimed at saving the South African retailer from bankruptcy.

Morning Bid: Jubilant markets eye jobs in June jump

Crypto exchange Gemini to soon operate in the UAE

Gemini will "soon" start the process of buying a crypto license to operate in the United Arab Emirates, and the team has met stakeholders throughout the region to learn more about local regulatory requirements, the crypto exchange said late on Wednesday.

Exclusive: Southeast Asian tech giant Sea disbands investment arm -sources

Southeast Asian e-commerce and gaming giant Sea Ltd is winding down its investment arm, two people with knowledge of the matter said, amid a cooling investment environment globally as macroeconomic and market uncertainty weigh on valuations.

Airline SAS predicts busy summer as loss shrinks

Scandinavian airline SAS expects a busy summer season, it said on Thursday as it reported a reduced second-quarter pretax loss.

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