Leadership

PwC Australia cuts hundreds of jobs in overhaul to lower costs
PwC Australia cuts hundreds of jobs in overhaul to lower costs
PWC Australia has begun a round of job cuts that will reduce headcount by more than 300 staff, part of a broader restructure at the embattled firm that is...
Porsche sees lower returns in year of major model launches
Porsche sees lower returns in year of major model launches
PORSCHE expects its profit margins to dip this year as the German luxury carmaker funds the launch of four new models to help it tackle tougher competition. The company...
KKR to invest US0 million in Philippine telecoms tower business
KKR to invest US$400 million in Philippine telecoms tower business
PRIVATE equity firm KKR & Co will invest US$400 million in telecoms tower operations and expansion in the Philippines, the United States Department of Commerce said on Wednesday (Mar...
US House to vote on TikTok crackdown; fate uncertain in Senate
US House to vote on TikTok crackdown; fate uncertain in Senate
THE United States House of Representatives plans to vote on a bill on Wednesday (Mar 13) that would give TikTok’s Chinese owner ByteDance about six months to divest the...
Oil prices settle slightly down after US boosts crude output forecast
Oil prices settle slightly down after US boosts crude output forecast
OIL prices dipped on Tuesday (Mar 12), settling slightly lower after a higher-than-expected forecast for United States crude oil production and bearish economic data, but persistent geopolitical tensions limited...
Companies’ climate reporting must go beyond measuring numbers for reporting’s sake
Companies’ climate reporting must go beyond measuring numbers for reporting’s sake
AS CLIMATE reporting appears inevitable for Singapore’s listed and large non-listed companies, one challenge will be getting companies to go beyond measuring the numbers simply for reporting’s sake. Climate...
Far East Orchard to buy Glasgow site for purpose-built student accommodation
Far East Orchard to buy Glasgow site for purpose-built student accommodation
FAR East Orchard has entered into an agreement through a subsidiary to buy a plot of land in Glasgow, with the intention to develop it into a 273-bed purpose-built...
Boeing whistleblower found dead of apparent suicide
Boeing whistleblower found dead of apparent suicide
JOHN Barnett, a former Boeing employee who had reportedly raised concerns about the company’s production issues, was found dead of an apparent suicide, according to authorities in South Carolina....
Toyota becomes Asia’s most shorted large-cap stock: Hazeltree
Toyota becomes Asia’s most shorted large-cap stock: Hazeltree
AUTOMAKER Toyota Motor became the most shorted large-cap stock by hedge funds in the Asia-Pacific region in February, overtaking Takeda Pharmaceutical, a report from data firm Hazeltree showed on...
No Signboard to resume trading, subject to conditions
No Signboard to resume trading, subject to conditions
NO SIGNBOARD on Tuesday (Mar 12) said that the Singapore Exchange has not objected to its trading-resumption proposal, subject to the satisfaction of a string of conditions. The food...