Lifestyle

HSBC already fears new downsized London HQ will prove too small
HSBC already fears new downsized London HQ will prove too small
HSBC Holdings is still two years away from a planned move to a smaller City of London headquarters, but executives are already concerned the space will not be big...
Musk now says it’s ‘pointless’ to build a US,000 Tesla for human drivers
Musk now says it’s ‘pointless’ to build a US$25,000 Tesla for human drivers
WHEN Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation US$25,000 electric vehicle (EV), the automaker’s stock plunged. Chief executive Elon Musk rushed to respond...
PBOC head vows to boost China countercyclical monetary measures
PBOC head vows to boost China countercyclical monetary measures
CHINA’S central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments to support the country’s economic growth. In a report on...
Apple to face first EU Fine under bloc’s Digital Markets Act
Apple to face first EU Fine under bloc’s Digital Markets Act
APPLE is set to face the first-ever fine under the European Union’s new digital antitrust rules for Big Tech, representing an escalation of a clash with regulators over the...
Frasers Hospitality Trust’s hit by sudden jump in Aussie tax rate serves as a cautionary tale
Frasers Hospitality Trust’s hit by sudden jump in Aussie tax rate serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
Frasers Hospitality Trust’s hit by sudden jump in Aussie tax rate serves as a cautionary tale
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
US: Wall St opens higher as Americans head to polls
US: Wall St opens higher as Americans head to polls
US STOCK indexes opened higher on Tuesday (Nov 5), as voting began in a tightly contested presidential election, with traders girding up for volatile trading over the next few...
Ferrari’s core profit rises 7%, helped by product mix, personal touches
Ferrari’s core profit rises 7%, helped by product mix, personal touches
FERRARI said on Tuesday (Nov 5) its core earnings rose 7 per cent in the third quarter, despite a slight decrease in car shipments, as the luxury sports car...
Burger King parent Restaurant Brands misses sales estimates on muted demand
Burger King parent Restaurant Brands misses sales estimates on muted demand
RESTAURANT Brands missed estimates for quarterly revenue on Tuesday (Nov 5) due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China...
German parts maker Schaeffler to cut 4,700 jobs on auto woes
German parts maker Schaeffler to cut 4,700 jobs on auto woes
Schaeffler will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen and other German carmakers ripples through their supply chains.About 2,800 of...