Real Estate
Boeing needs more focus on safety and quality, FAA chief says
BOEING needs to shift its focus from the business of making planes towards safety in the wake of recent findings on lapses surrounding the January failure of a fuselage...
JetBlue cuts unprofitable routes in overhaul of flight network
JETBLUE Airways will eliminate unprofitable routes in California and Florida and drop service to several cities in South America, a sweeping overhaul of its network as the carrier looks...
Gucci sales to plunge 20% in first quarter on Asia slowdown, Kering says
KERING warned that sales at Gucci will plunge about 20 per cent in the first quarter due to a steeper-than-expected decline in the Asia-Pacific region, widening the gap between...
New regulations won’t halt decline in taxi population, say industry watchers
RECENTLY announced changes to requirements for taxis will reduce costs for operators, but will not reverse the trend of a dwindling taxi population, said industry watchers.Ride-hailing platforms will continue...
George Lucas backs Disney CEO Iger in proxy battle with Nelson Peltz
FILMMAKER George Lucas has backed Walt Disney CEO Bob Iger in the media company’s bitter proxy battle with activist investor Nelson Peltz and hedge fund Blackwells Capital. Lucas, who...
Apollo launches new private credit fund seeded by Mubadala
APOLLO Global Management has created a new private credit fund that will invest money from an affiliate of Mubadala Investment and other institutional investors for no fee during the...
US: Nasdaq, S&P 500 slide at open as focus shifts to Fed
THE benchmark S&P 500 and the tech-heavy Nasdaq opened lower on Tuesday (Mar 19) as investors shifted their attention to the Federal Reserve’s two-day meeting with focus on economic...
Yen falls in defiance of historic BOJ shift
THE Japanese yen tumbled on Tuesday (Mar 19) after the central bank made the momentous, but widely anticipated, decision to end its negative interest rate policy, while the US...
