Leadership
Buffett’s Berkshire Hathaway hits US$1 trillion market value
WARREN Buffett’s Berkshire Hathaway holding company briefly crossed US$1 trillion in market value on Wednesday (Aug 28), making it the first non-tech firm on Wall Street to pass the...
CrowdStrike cuts forecasts as Windows outage weighs on new deals
CYBERSECURITY firm CrowdStrike cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the environment would remain...
Europe: Insurance, chemical stocks keep Stoxx 600 at over one-month high
THE benchmark European stock index rose to its highest since July on Wednesday, boosted by insurance and chemical stocks ahead of closely-watched results from Nvidia and key economic data.The pan-European Stoxx 600...
Seven & i seeking protection tests Japan’s appetite for reform
SEVEN & i Holdings’ desire for government protection against Alimentation Couche-Tard’s buyout proposal suggests Japan may not be ready yet for big cross-border mergers. How the state reacts will...
Reliance, Disney India’s US$8.5 billion merger wins antitrust nod
This paves the way for the creation of a behemoth in one of the world’s fastest-growing entertainment marketsIndia’s antitrust regulator approved the proposed merger of local media operations of...
Great Eastern group CEO Khor Hock Seng to retire; Greg Hingston to take the helm from Nov 1
THERE will be a new chief executive officer helming insurer Great Eastern from November this year. Greg Hingston will be taking over as the group’s CEO from Khor Hock Seng,...
China proposes new curbs on grain imports to boost local prices
CHINA is asking domestic traders to buy less foreign grains as ample supplies and weaker-than-expected demand weigh on prices and threaten its longstanding policy to support local growers.
Beijing this...
US companies return to currency options to hedge election, macro risks
US CORPORATIONS are turning to foreign exchange options again to protect their cash flow as they fear the US presidential election and diverging central bank interest-rate policies could spark...
