Lifestyle
How one of the tiniest oil markets cost Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches...
Malaysia orders sovereign fund audit on loss-making venture
Malaysian Prime Minister Anwar Ibrahim ordered sovereign wealth fund Khazanah Nasional Berhad to carry out an internal audit to investigate issues related to a loss-making investment in a local...
US fines GlobalFoundries for shipping chips to sanctioned Chinese firm
THE US said on Friday (Nov 1) it imposed a US$500,000 penalty on New York-based GlobalFoundries, the world’s third-largest contract chipmaker, for shipping chips without authorisation to an affiliate...
Crypto ETFs see big inflows ahead of US election, traders brace for volatility
INVESTORS have ploughed money into funds tracking Bitcoin, betting on a return of Republican Donald Trump to the White House even as they expect wild price swings in the...
Apple accused by NLRB of deterring employees from discussing pay equity
APPLE has been accused by the National Labor Relations Board (NLRB) of trying to prevent employees from discussing pay equity and forcing an engineer who circulated a wage survey...
Major airlines criticise Biden’s air competition review, seek more time
GROUPS representing major airlines on Friday (Nov 1) criticised the Biden administration’s broad public inquiry into the state of competition in air travel, saying the review needs more time...
Boeing gains on optimism that lengthy strike is nearing an end
BOEING’S shares rose after union leaders endorsed the latest offer to boost wages, spurring optimism that the company could finally be close to ending a lengthy strike that’s crippling...
Chevron flags possible job cuts in US$3 billion cost plan
CHEVRON indicated potential US job cuts as part of a new cost-cutting plan.The US$3 billion in targeted “structural” cost savings will come from asset sales, the use of new...
