Leadership
CSE Global agrees to US$8 million settlement with customer of subsidiary
The settlement is expected to have a material adverse impact on the financial position of the companyTechnology solutions provider CSE Global has agreed to a US$8 million settlement payment...
Air Canada begins preparations for shutdown due to ‘inflexible’ union demands
Air Canada is finalising plans to suspend most of its operations, likely beginning on Sunday (Sep 15), as talks with the pilot union are nearing an impasse over “inflexible”...
Chinese stock exchanges add Alibaba into Stock Connect Scheme
CHINA’S Shanghai and Shenzhen stock exchanges will include Chinese e-commerce giant Alibaba Group and some other companies into its Stock Connect cross-border investment scheme from Sep 10, separate filings...
Gucci-owner Kering slumps to seven-year low on China demand fears
Chinese consumers are turning to brands with higher levels of desirability or exclusivity, Barclays analysts say FRENCH fashion designer Kering slumped to a seven-year low on worries about demand...
Cordlife’s group director of quality and operations Tan Huiying resigns
Embattled cord-blood bank Cordlife’s group director for quality and operations, Tan Huiying, will resign from the company effective Nov 4, four months after she assumed her current position. In an...
The bond market rally rides on how fast the Fed cuts rates
BOND traders who struggled to predict how high the US Federal Reserve would raise interest rates are finding the way down just as vexing.At TCW Group, Jamie Patton, the...
Renault says EV slowdown could lead to billions in fines in EU
Renault chief executive officer Luca de Meo called on the EC to have “a bit of flexibility” regarding upcoming targets of EV sales and charging station installationsAutomakers could incur...
Australia’s Domino’s served with class action on ‘misleading’ Japan market comments