Leadership
Apple sued by female employees claiming pay discrimination
APPLE was sued by two female employees who claim it “systemically” pays women less than their male counterparts for similar work, and who are seeking to represent thousands of...
China’s Chery Auto: EU factory will help mitigate EV tariffs
CHERY Auto, China’s largest automaker by export volume, expects its planned production in Europe to help offset the impact of European Union tariffs on imports of China-made electric vehicles,...
Boeing investigates quality problem on undelivered 787s, sources say
BOEING is investigating a new quality problem with its 787 Dreamliner after discovering that hundreds of fasteners have been incorrectly installed on the fuselages of some undelivered 787 Dreamliner...
S Korea extends short-selling ban, threatens life in jail for illegal bets
SOUTH Korea is extending a ban on stock short selling to Mar 30 next year and planning harsher penalties for illegal trades. “If short selling is resumed without a monitoring...
Lloyds to move thousands back into refurbished City of London HQ
LLOYDS Banking Group is moving thousands of staffers back into a refurbished building in the heart of the City of London as the lender looks to reduce its office...
Goldman Sachs aims to double lending to wealthy private bank clients
GOLDMAN Sachs aims to double its lending over the next five years to ultra-wealthy private bank clients with account sizes exceeding US$10 million, as it gathers more deposits to...
BOE reserves enter UK election debate as politicians chase cash
UK politicians are mulling changes to the way the Bank of England (BOE) pays out interest to commercial banks as they look for ways to generate more fiscal headroom...
Oil edges higher as Opec comments feed demand hopes