Real Estate
Shell considers slowing the pace of its carbon emissions cuts
SHELL has been considering slowing the pace of its carbon-emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter. Any changes to the company’s...
US airlines warn of more Boeing delivery delays due to safety crisis
US CARRIERS warned on Tuesday (Mar 12) that their plans to increase capacity were in doubt due to jet delivery delays from Boeing, as the hit to the airline...
US dollar flat after hot inflation data
THE US dollar was little changed in choppy trading on Tuesday (Mar 12), after moving higher earlier in the global session, amid data showing hotter-than-expected inflation last month for...
Deutsche Bank CEO Sewing vows to keep expenses in check
DEUTSCHE Bank chief executive officer Christian Sewing vowed to meet previous cost targets, saying he’s working on additional measures. The German lender will hit a goal of keeping expenses...
Volkswagen Group China plans to boost investment in majority-controlled JV
VOLKSWAGEN Group China plans to boost investment in its only majority-controlled joint venture, according to a Tuesday (Mar 12) stock filing by its Chinese partner, as the German automaker...
Singapore stocks rise 0.1% on Tuesday ahead of US inflation data
SINGAPORE stocks closed slightly higher on Tuesday (Mar 12) amid mixed trading in regional markets as investors awaited the release of US inflation data. The benchmark Straits Times Index...
China water giant Nongfu Spring’s stock falls on boycott calls
CHINESE beverage giant Nongfu Spring is the latest major brand to come under fire from the mainland’s online army of nationalist citizens, underscoring challenges for domestic firms navigating an...
Jollibee targets exponential growth in China to triple profit
JOLLIBEE Foods, the Philippines’ largest restaurant operator, plans to expand its brand internationally and “exponentially grow” in China as it aims to triple its net income in five years,...