Lifestyle
Baltic Exchange Shipping Insights
Capesize The week started with a modest increase on the BCI 5TC, accompanied by steady activity in the Pacific and relatively calm conditions in the Atlantic. As the days...
Some Opec+ members agree to extend voluntary cuts to Q2: sources
SOME members of the Organization of the Petroleum Exporting Countries and allies led by Russia (Opec+) have agreed to extend voluntary first-quarter oil output cuts into the second quarter,...
Yen’s carry-trade reign in flux as BOJ hints at policy shift
ONE of the most popular trades in foreign-exchange markets is losing its lustre as the Bank of Japan (BOJ) signals the end of its negative interest rate policy. The...
Julius Baer plans bonus change to focus more on asset growth
JULIUS Baer Group is planning to adjust its bonus system as part of an effort to attract more client money under interim chief executive Nic Dreckmann. As part of...
Risky, junior buyout loan comes back to market in largest deal on record
A GROUP of debt arrangers on Friday (Mar 1) launched the sale of a US$1.9 billion second-lien loan, turning to a form of financing that has fallen out of...
NASA to discontinue US$2 billion satellite servicing project on higher costs, schedule delays
NASA said on Friday it is shutting down a more than US$2 billion project to test satellite servicing like fueling in space, citing higher costs and schedule delays. The...
OpenAI says it ‘categorically disagrees’ with Musk’s suit
OPENAI “categorically disagrees” with the lawsuit Elon Musk filed against the company, according to an internal memo sent to employees of the artificial intelligence startup. Musk, a co-founder of...