Real Estate
Brazil watchdog moves to block access to Elon Musk’s X after court order
BRAZIL’S telecommunications regulator said on Friday (Aug 30) it was suspending access to Elon Musk’s X social network in the country to comply with an order from a judge...
India lifts sugar curbs for ethanol in threat to global supply
INDIA has lifted restrictions on sugar mills and distilleries using cane juice to make ethanol, a move that’s likely to prolong export curbs from the world’s second-biggest grower and...
Flash Coffee taps ex-Foodpanda CEO in turnaround bid
AFTER a rough couple of years, tech-enabled coffee chain Flash Coffee has hired former Foodpanda CEO Jakob Angele as its executive chairman in a bid to hit profitability.The firm,...
Goldman to cut a few hundred jobs in coming weeks in annual cull
GOLDMAN Sachs plans to dismiss a few hundred employees in coming weeks as part of the firm’s annual cull of low-performing staff, according to people familiar with the matter.The...
Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
EUROPEAN shares rose to an all-time high on Friday (Aug 30), closing a turbulent month on a bright note after a significant drop in euro zone inflation cemented market...
Germany’s struggling economy starts to take toll on its banks
Risk provisioning by the country’s largest lenders rose almost 50% in the first half of the yearGermany’s banks are starting to feel the pinch from the stagnating economy.Risk provisioning...
UK’s Aviva conspired to dodge India compensation and tax rules, agency says
An Indian tax agency has found that British insurer Aviva breached local regulations capping commissions to sales agents with a system of fake invoices and clandestine cash payments, according...
Singapore stocks join Asian markets in the black; STI adds 1.1%
Across the broader market, 1.4 billion shares worth S$2 billion change hands, with 354 gainers beating 222 losersSINGAPORE equities joined rallies in Asian markets on Friday (Aug 30) after...
