Lifestyle
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
TESLA shareholders approved CEO Elon Musk’s US$56 billion pay package in what was seen as an endorsement of his leadership, but the electric carmaker’s stock remains richly valued even...
DP World plans US$3 billion African ports investment by 2029
DP World plans to spend $3 billion over the next three to five years on new port and logistics infrastructure in Africa to meet long-term growth that includes surging...
Income Insurance says it is in discussion with Allianz for potential transaction of shares
INCOME Insurance is currently “in discussion” with European insurer Allianz on a transaction relating to Income’s shares, it said on Friday (Jun 14). The statement follows media reports that...
Singapore shares fall amid mixed regional showing; STI down 0.8%
SINGAPORE shares ended lower on Friday (Jun 14), with the benchmark Straits Times Index (STI) falling 0.8 per cent or 26.98 points to 3,297.55. Across the broader market, losers...
Chanel billionaire’s son builds US$110 million private equity firm
THE son of one of Chanel’s billionaire owners is building a team to help run his private equity venture as a huge luxury goods fortune trickles down to the...
Tesco sales rise as shoppers switch from rival grocers
TESCO said shoppers are spending more in stores and online as food price inflation eases, with its market share growing the most in two years.Comparable sales at Britain’s largest...
Global container shipping prices keep rising amid port congestion
INFLATION looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas.Spot rates for full-size shipping containers to...
World container shipping rates keep rising amid port congestion
INFLATION looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas.Spot rates for full-size shipping containers to...
