Leadership
US: Wall St opens lower as valuation concerns, rate-cut jitters linger
[NEW YORK] Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an interest rate cut from...
Oil prices ease after loadings resume at Russian export hub
[HOUSTON] Oil prices eased on Monday as loadings resumed at Russia’s Novorossiysk export hub after a two-day suspension at the Black Sea port that had been hit by a Ukrainian...
J&J to buy Halda Therapeutics in US$3.05 billion cash deal
[NEW YORK] Johnson & Johnson has agreed to buy the cancer treatment biotech Halda Therapeutics for US$3.05 billion cash, part of a strategy to cope with eroding sales for...
Hyundai pledges record US$85.8b investment in South Korea
Hyundai called it “the company’s largest-ever domestic investment commitment”[SEOUL] South Korean auto giant Hyundai Motor Group pledged on Monday (Nov 17) an unprecedented US$85.8 billion investment in the country...
EQT billionaire takes on Wall Street titans with big Asia push
The firm may not be a household name but it’s grown to become the largest non-US private equity firm in the world, with US$310 billion in assets[HONG KONG] Billionaire...
Boeing says partnership for T-7 trainer export bid imminent
[DUBAI] Boeing is close to announcing a partnership to bid for an international sales opportunity for its T-7 trainer, company executives said on Sunday (Nov 16), highlighting fast-growing demand...
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump.In Europe, the US and Asia,...
Musk’s Grokipedia leans on ‘questionable’ sources, study says
ELON Musk’s Grokipedia carries thousands of citations to “questionable” and “problematic” sources, US researchers said Friday (Nov 14), raising doubts about the reliability of the artificial intelligence (AI)-powered encyclopedia...
