Leadership
Barclays cuts jobs in energy transition team it only just built
NOT even one of Barclays’ most prominent dealmaking pushes is being spared in the bank’s cost-cutting drive.
Six people are being cut from the team of more than 100...
China’s central bank vows to support economic recovery
China’s central bank said on Friday (May 10) it will ensure reasonably ample liquidity and credit expansion to consolidate the country’s economic recovery, which still faces many challenges.The People’s...
Ford CFO Lawler to step down in early 2025
FORD Motor said on Friday (May 10) John Lawler was stepping down as CFO in early 2025 and that former Lucid Motors finance chief Sherry House would be his...
Mapletree Logistics Trust to sell Tuas warehouse for S$10.5 million
MAPLETREE Logistics Trust is planning to sell a warehouse located in Tuas South Avenue for S$10.5 million, as part of the real estate investment trust’s (Reit) efforts to refresh...
STI climbs 0.8% on Friday, tracking regional rally
SINGAPORE stocks closed higher on Friday (May 10), tracking a broader regional rally.The benchmark Straits Times Index (STI) climbed 0.8 per cent or 24.75 points to close at 3,290.70....
New weight-loss, diabetes drugs reach one in eight Americans
ONE in eight US adults has tried medications from the fast-growing class of new diabetes and obesity drugs that includes Ozempic and Zepbound, underscoring how quickly the treatments have...
Honda sees full-year profit rising 2.8%
Japan’s Honda Motor forecast a 2.8 per cent rise in operating profit for this financial year, after it exceeded analysts’ estimates in the fourth quarter as strong sales growth...
US: Wall St opens higher, focus on comments from Fed officials