Posts by Mark Darwin
Hong Kong’s HKBN gets rival takeover interest from I Squared Capital
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity firm I Squared Capital for a possible takeover. The broadband firm said last month that it had received a possible proposal from state-owned China Mobile for an acquisition. HKBN and I Squared Capital are…
Read MoreChanges to Buyer Agent Commission: What to Know
In the world of real estate, understanding buyer agent commission is essential for both buyers and sellers. Recent changes in how these commissions are structured can impact everyone involved in a property transaction. This article breaks down what you need to know about buyer agent commissions, how they are changing, and what it means for…
Read MoreShiseido drops to eight-year low after growth plan underwhelms
SHISEIDO shares fell to their lowest in eight years after investors were underwhelmed by the company’s plan to counteract a slump in China by boosting growth elsewhere. Shares fell as much as 8.4 per cent – its lowest since November 2016 – in early trading on Monday (Dec 2). The stock was trading 7.7 per…
Read MoreAirline Pilot Salaries by Company
This article explores the salaries of airline pilots across different types of airlines, including major carriers, regional airlines, low-cost options, legacy carriers, cargo airlines, international airlines, and private flights. Understanding how much pilots earn and the factors that influence their pay helps shed light on the aviation industry and the work pilots do. Key Takeaways…
Read MoreNine Volkswagen plants on strike as worker rift with management deepens
WORKERS at nine Volkswagen car and component plants across Germany started two-hour strikes on Monday (Dec 2), bringing assembly lines to a halt as labour and management clash over the future of Europe’s biggest carmaker. Workers on their morning shifts went on strike for two hours, while those on evening shift plan to leave work…
Read MoreSingapore stocks open in the green; STI up 0.7%
SINGAPORE stocks opened higher Monday (Dec 2), following gains in Asia as markets enter a seasonally strong period. The benchmark Straits Times Index (STI) rose 27.04 points or 0.7 per cent to 3,766.33 as at 9.01 am. Advancers outnumbered decliners 85 to 23, as 48.8 million shares worth S$69.4 million changed hands. Thai Beverage (ThaiBev)…
Read MoreStocks to watch: SingPost, Nio, Boustead
THE following company saw new developments that may affect trading of its securities on Monday (Dec 2):
Read MoreBangladesh wants to renegotiate Adani power deal unless court cancels
BANGLADESH wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal, its de facto energy minister said on Sunday (Dec 1). Adani Group founder Gautam Adani is already facing allegations by US authorities…
Read MoreNissan CFO set to step down as carmaker faces raft of challenges
NISSAN Motor chief financial officer Stephen Ma is set to step down from his position, sources with knowledge of the matter said, marking yet another executive change at a challenging time for the Japanese carmaker. It’s not clear whether Ma may be demoted or leave the company, said one source, asking not to be identified…
Read MoreJeep and Fiat maker Stellantis’ CEO quits early over strategy dispute
STELLANTIS chief executive officer Carlos Tavares, known for his cost-cutting drive, stepped down from the automaker following a dispute with the board over how to arrest weakening sales and a stock slump. Tavares will hand over leadership of the maker of Jeep SUVs and Fiat cars to an interim committee headed by chairman John Elkann,…
Read More