Leadership
‘No trade war’, says Biden, pushing to triple tariffs on Chinese steel
US PRESIDENT Joe Biden said on Wednesday there was no trade war with Beijing, despite calling for a tripling on tariffs for Chinese steel and aluminum.Biden’s call comes as...
Europe: Adidas, LVMH steer shares higher on earnings relief
EUROPEAN shares gained on Wednesday after a bruising sell-off in the previous session, supported by healthy quarterly results from consumer giants LVMH and Adidas, while investors also kept a cautious...
Michelin challenges EU’s hunt for evidence of tyre cartel
MICHELIN is challenging the legality of European Union antitrust raids on its facilities as regulators swept across the tyre industry for evidence of a suspected price-fixing cartel.
The French firm...
First Resources denies allegations of links to firms clearing forests in Indonesia
PALM oil producer First Resources : EB5 0% has denied allegations that it is linked to a network of companies accused of clearing rainforests in Indonesia.The Singapore-listed firm was...
Vietnam’s VinFast posts higher Q1 revenue as vehicle deliveries increase
VIETNAMESE electric-vehicle maker VinFast reported higher first-quarter revenue on Wednesday (Apr 17) on the back of increased vehicle deliveries.
The company’s quarterly revenue more than tripled to US$302.6 million.
VinFast maintained...
Vietnam’s EV maker VinFast reports narrowing losses even as sales fall
VINFAST Auto’s first-quarter loss narrowed while car sales declined as the Vietnamese EV maker sets ambitious goals to be a global brand amid declining worldwide demand for electric vehicles....
Vinci to buy majority of Edinburgh Airport in UK expansion
VINCI agreed to buy a majority stake in Edinburgh Airport for £1.27 billion (S$2.15 billion), furthering an expansion in the UK by the French construction and concessions firm.Global Infrastructure...
MAS sets aside S$35 million to develop sustainable finance talent
THE Monetary Authority of Singapore (MAS) will be setting aside S$35 million over the next three years to support the development of sustainable finance talent in the city-state’s financial...
