Change in World Business

People will try to tell you that all the great opportunities have been snapped up. In reality, the world changes every second, blowing new opportunities in all directions, including yours.

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The Business World Article

US reopens Greenland consulate and orders icebreakers

US reopens Greenland consulate and orders icebreakers

NEW YORK -- After a 67-year hiatus, the U.S. reopened a consulate in Greenland Wednesday, part of an effort to bolster its Arctic presence.The opening comes a day after President Donald Trump issued a memorandum to the secretaries of Defense, Commerce, Energy and...

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SoftBank’s Arm fires China head but unit says otherwise

SoftBank’s Arm fires China head but unit says otherwise

TOKYO/TAIPEI -- SoftBank Group-owned U.K. chip designer Arm and its Chinese joint venture issued contradicting statements on Wednesday over the removal of the local unit's CEO, a rare sign of tension at a key player in the semiconductor industry.Arm Limited initially...

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Garuda avoids Thai Airways fate with $500m bond extension

Garuda avoids Thai Airways fate with $500m bond extension

JAKARTA -- Indonesia's flagship carrier Garuda Indonesia has narrowly avoided defaulting on its $500 million Islamic bonds after agreeing with its creditors to extend the maturity of the debt.The deal was agreed on Wednesday in a virtual meeting between the company...

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US reopens Greenland consulate and orders icebreakers

NEW YORK -- After a 67-year hiatus, the U.S. reopened a consulate in Greenland Wednesday, part of an effort to bolster its Arctic presence.The opening comes a day after President Donald Trump issued a memorandum to the secretaries of Defense, Commerce, Energy and...

SoftBank’s Arm fires China head but unit says otherwise

TOKYO/TAIPEI -- SoftBank Group-owned U.K. chip designer Arm and its Chinese joint venture issued contradicting statements on Wednesday over the removal of the local unit's CEO, a rare sign of tension at a key player in the semiconductor industry.Arm Limited initially...

Mizuho ready to deploy billions in capital aid to companies: CEO

TOKYO -- As the coronavirus pandemic saps corporate finances, Mizuho Financial Group is prepared to provide billions of dollars to struggling businesses that need capital injections, the Japanese bank's CEO Tatsufumi Sakai told Nikkei.Companies have so far focused...

Pandemic hasn’t killed appetite for investment, Mizuho CEO says

TOKYO -- As the coronavirus pandemic saps corporate finances, Mizuho Financial Group is prepared to provide billions of dollars to struggling businesses that need capital injections, the Japanese bank's CEO Tatsufumi Sakai told Nikkei.Companies have so far focused...

Garuda avoids Thai Airways fate with $500m bond extension

JAKARTA -- Indonesia's flagship carrier Garuda Indonesia has narrowly avoided defaulting on its $500 million Islamic bonds after agreeing with its creditors to extend the maturity of the debt.The deal was agreed on Wednesday in a virtual meeting between the company...