Leadership
Property website Rightmove rejects £5.6 billion Murdoch bid
UK ONLINE property website Rightmove said on Wednesday (Sep 11) that it had rejected a multi-billion-pound takeover proposal from Australian peer REA Group, majority owned by Rupert Murdoch’s News...
BMW brake recall and VW job threat deepen German industry crisis
GERMAN carmakers are sinking deeper into a crisis undermining the future of the country’s most important industry, with BMW warning that profits will get hit by a costly brake...
Oil settles near 3-year low on weak demand outlook
GLOBAL oil benchmark Brent crude futures settled at their lowest level since December 2021 on Tuesday, after Opec+ revised down its demand forecast for this year and 2025, offsetting supply concerns...
UBS has AI tool that can scan 300,000 firms in 20 seconds
The tool also identifies potential targets of activist campaigns by comparing the management tone of prepared presentations and Q&A situationsUBS Group has developed an artificial intelligence tool to help...
Fed to cut big banks’ capital hike in half in sweeping overhaul
US regulators will make sweeping changes to their bank-capital rules proposal, cutting the expected impact to the biggest banks by half and exempting smaller lenders from large portions of...
Dollar edges down before US inflation data, presidential debate
The dollar edged down on Tuesday (Sep 10) before US inflation data and the televised US presidential debate on Wednesday, which could affect expectations for the interest rate outlook.A...
China proposes negotiations with EU to resolve EV tariff dispute
CHINA has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.
During a...
Hedge fund chief Paul Marshall buys The Spectator for £100 million
Hedge fund manager Paul Marshall agreed to pay £100 million (S$170.9 million) for The Spectator, a politically influential British magazine that’s known to exert a big sway over the...
