Leadership
Tata Steel warns UK furnace shutdown may start earlier than planned
TATA Steel could take steps to pause or stop some blast furnace operations earlier than planned at its plant in Port Talbot, Wales, while it challenges the legal basis...
Elon Musk won US$56 billion payday because of vote, Tesla argues in court
TESLA is claiming Elon Musk won his legal battle over his US$56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year,...
Nokia to buy networking company Infinera in US$2.3 billion deal
NOKIA has agreed to acquire Infinera Corp. in a transaction valuing the maker of optical telecommunications equipment at US$2.3 billion including debt.The cash-and-stock deal will value Infinera at US$6.65...
Rivian says lower-cost second generation EVs to help in push for profitability
MATERIAL cost of Rivian’s second-generation R1 electric SUVs and pickups will be 20 per cent lower than the current version, CEO RJ Scaringe said on Thursday (Jun 27), after...
US Supreme Court blocks Purdue Pharma bankruptcy settlement
THE US Supreme Court on Thursday (Jun 27) blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that would have shielded its wealthy Sackler family owners from lawsuits over their role...
Miami Meets Manhattan: The Assouline Team’s Meteoric Rise in Real Estate
Photo Credit: Rachel Fellig Ruthie and Ethan Assouline, the dynamic husband-wife duo behind The Assouline Team at Douglas Elliman, are trailblazers dominating the luxury real estate markets...
No Signboard to be renamed as Bromat
CATALIST-LISTED food and beverage firm No Signboard Holdings will be renamed as Bromat Holdings, and the counter will trade under this name from Jul 2.In a filing to the...
Bruised yen mired near 1986 low with eye on intervention
The yen languished near a 38-year low on the weaker side of 160 per dollar on Thursday (Jun 27), keeping traders on alert for any signs of intervention from...
