Lifestyle
Lufthansa doubles profit in 2023 as demand booms
GERMAN airline giant Lufthansa said Thursday (Mar 7) it had doubled profits in 2023 on booming demand, as the aviation sector extends a rebound from the coronavirus pandemic. The...
Tesla quits Australia auto lobby over claims on car emission standards
TESLA said on Thursday (Mar 7) it is quitting Australia’s major auto lobby and resigning from its board, accusing the group of misleading consumers over the government’s proposed fuel...
FTX reaches settlement with BlockFi, may pay up to US$874 million
BANKRUPT crypto companies FTX and BlockFi have resolved their disputes stemming from the companies’ collapses in 2022, with FTX agreeing to pay BlockFi up to US$874 million, according to...
US Senate bill targeting China’s BGI, WuXi AppTec moves forward
THE United States Senate’s homeland security committee voted on Wednesday (Mar 6) to approve a bill that could restrict business with Chinese biotech companies such as BGI and WuXi...
Gold at record levels as Powell says Fed cuts likely this year
GOLD prices on Wednesday (Mar 6) hovered near a record peak hit in the previous session after US Federal Reserve chair Jerome Powell said interest rate cuts are still...
Stocks to watch: Great Eastern, Digital Core Reit, Wing Tai
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 7): Great Eastern: The insurer said on Wednesday that a recent request by...
Boeing slammed for dragging feet in Alaska Airlines probe
THE head of the federal investigation into a troubled January flight on a Boeing 737 MAX jet blasted the aviation giant on Wednesday for not providing key information quickly....
UBS ditches Credit Suisse plan to phase out coal financing
UBS Group is set to scrap a planned phaseout of coal financing that Credit Suisse had backed, as the global wealth manager prepares to unveil how the merged bank...
