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BlackRock nears deal to acquire data provider Preqin
BlackRock nears deal to acquire data provider Preqin
BLACKROCK is nearing a £2 billion (S$3.4 billion) deal to acquire private capital database provider Preqin, according to sources with knowledge of the matter.After outbidding rivals, BlackRock has emerged...
Asia’s data centre rush is making some unique skills highly desirable
Asia’s data centre rush is making some unique skills highly desirable
Private equity firms are on the hunt for skilled operators, including reliable power suppliers, to meet the region’s growing demand for AI computing needs IF YOU have built or...
US dollar slightly weaker on declining inflation
US dollar slightly weaker on declining inflation
THE US dollar slipped on Friday (Jun 28) after data showed inflation in the world’s largest economy subsided in May, cementing expectations that the Federal Reserve will start cutting...
US prosecutors meeting with Boeing, crash victims as criminal charging decision looms: sources
US prosecutors meeting with Boeing, crash victims as criminal charging decision looms: sources
US PROSECUTORS are meeting with Boeing and fatal-crash victims’ relatives as a Jul 7 deadline looms for the Justice Department to decide whether to criminally charge the planemaker, according...
The list of money managers axeing oil stocks just got longer
The list of money managers axeing oil stocks just got longer
THERE’S a growing list of institutional investors in Europe that are stripping oil and gas stocks out of their portfolios, in a move they say reduces the risk of...
Union says Boeing penny-pinching has hurt supply chain
Union says Boeing penny-pinching has hurt supply chain
BOEING’S practice of aggressively pressuring suppliers on costs has damaged its own supply chain, contributing to the aviation giant’s current woes, a top union negotiator told AFP this week.“Boeing...
Amazon nabs startup Adept’s cofounders to bolster AI efforts
Amazon nabs startup Adept’s cofounders to bolster AI efforts
AMAZON.COM hired away artificial intelligence startup Adept’s co-founders and some of its team in a move that echoes one by rival Microsoft.Adept said in a blog post on Friday...
Vietnam’s domestic air travel nosedives amid jet supply crunch, soaring airfares
Vietnam’s domestic air travel nosedives amid jet supply crunch, soaring airfares
Deemed one of the fastest recovering aviation markets, the country’s travel growth is now being deterred by a combination of factors, including an up to 50% increase in fares...
Keppel Infrastructure Trust obtains a S million loan
Keppel Infrastructure Trust obtains a S$50 million loan
Keppel Infrastructure Trust has obtained a loan of S$50 million, its trustee-manager Keppel Infrastructure Fund Management said on Friday (Jun 28).Unlike the sustainability-linked loan of S$612.5 million that it...
Citigroup urges dismissal of ex-managing director’s whistleblower lawsuit
Citigroup urges dismissal of ex-managing director’s whistleblower lawsuit
CITIGROUP urged a judge to dismiss a lawsuit by a former managing director who accused the bank of firing her in retaliation for refusing to give regulators false information.The...