Leadership
Boeing workers reject contract, extend strike: union
BOEING workers in the Seattle region decisively rejected the company’s latest contract offer on Wednesday, extending the nearly six-week strike.Almost two-thirds of the members of the International Association of...
Gold record rally stalls on higher US dollar, yields
GOLD prices held steady on Thursday (Oct 24) after scaling an all-time high in the previous session, with a stronger US dollar and an uptick in US Treasury yields...
Apple CEO Cook says company will increase investment in China: Xinhua
APPLE CEO Tim Cook said at a meeting with the Chinese government in Beijing that the US company will increase investment in China and thereby contribute to supply chain development,...
TSMC cuts off client after discovering chips sent to Huawei
TAIWAN Semiconductor Manufacturing Company (TSMC) discovered this month that chips it made for a specific customer ended up with Huawei Technologies, a potential violation of US sanctions intended to...
Newmont shares fall as earnings miss undermines profit surge
NEWMONT, shares plunged on Wednesday (Oct 23) in postmarket trading after reporting quarterly earnings that fell short of Wall Street’s expectations.The stock plunged as much as 7.2 per cent...
IBM posts soft revenue growth as consulting woes continue
INTERNATIONAL Business Machines (IBM) reported underwhelming sales as the company grapples with a slowdown in consulting demand.Sales increased 1 per cent to US$15 billion, slightly missing the average estimate...
Mike Ashley’s Frasers pulls bid for handbag maker Mulberry
BILLIONAIRE Mike Ashley’s Frasers Group is walking away from an attempted takeover of Mulberry Group but is still pushing for a board seat at the British handbag maker.
Frasers said...
HPL prices S$160 million perpetual securities at 5.5%
The distribution rate will be reset on the first reset date of Oct 30, 2029, and every five years thereafterHOTEL Properties Limited (HPL) has priced S$160 million in subordinated...
