Leadership
Siemens unit consortium bags $400 million Cross Island Line power supply contract from LTA
The line will be Singapore’s eighth MRT line, serving the eastern, western and north-eastern areas of the islandTRANSPORT solutions company Siemens Mobility has secured a contract worth S$400 million...
Asia currencies hit seven-month high on ‘Goldilocks’ US scenario
ASIAN currencies rallied to the highest in seven months as ebbing US recession concern, bets on Federal Reserve rate cuts next month and an improving domestic backdrop lifted sentiment...
Memiontec husband and wife co-founders out on bail amid CAD probe
The company’s nominating committee assesses that the pair are suitable to remain as directorsTHE co-founders of water treatment company Memiontec have been released on bail after being interviewed by...
X says it is closing operations in Brazil due to judge’s content orders
MEDIA platform X said on Saturday (Aug 17) it would close its operations in Brazil “effective immediately” due to what it called “censorship orders” by Brazilian judge Alexandre de...
Porsche agrees to provide capital in battery maker’s restructuring deal
GERMAN battery maker Varta said on Saturday (Aug 17) it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business.The...
SpaceX to launch a methane satellite to hold super polluters accountable
There is about to be a new methane eye in the sky. SpaceX is scheduled to launch on Friday (Aug 16) the Tanager-1 satellite.The nonprofit Carbon Mapper is behind the satellite...
China’s electric vehicles lose ground in EU after new tariffs take effect
EUROPEAN Union tariffs slowed the influx of Chinese-made electric vehicles (EVs) in July, as the bloc moved to protect its automakers from low-cost competition.The number of new EVs that...
Australia’s ASX profit slips as regulator scrutiny drives up costs
AUSTRALIAN stock market operator ASX said annual underlying profit slipped below market expectations due to higher expenses stemming in part from a troubled software upgrade that sparked a regulator...
