Technology

Lloyd’s of London reports 26% jump in H1 profit
Lloyd’s of London reports 26% jump in H1 profit
The market’s “superb” results reflected “a combination of disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet”Commercial insurance market Lloyd’s of London on Thursday (Sep...
Tiffany to halve China flagship store as luxury spending dives
Tiffany to halve China flagship store as luxury spending dives
TIFFANY, LVMH’s leading jewellery maker, is planning to downsize a flagship store of more than 12,000 square feet in Shanghai, sources familiar with the matter said, as sales of...
China EVs, Hybrids set to cement sales lead over petrol cars
China EVs, Hybrids set to cement sales lead over petrol cars
SALES of electric vehicles (EVs) and hybrid vehicles in China likely surged in August, surpassing faltering deliveries of conventional petrol cars for the second month in a row.Sales of...
SP Group makes its largest solar investment in China with 240-MWp project
SP Group makes its largest solar investment in China with 240-MWp project
To date, the company has secured 1.45 gigawatt of solar projects across 18 provinces and municipalities in the countrySINGAPORE’S SP Group has deployed a 240 megawatt-peak (MWp) agrivoltaic project...
MBS’ ban on ex-top exec sparks debate over fairness of ‘unwelcome person’ notices at IR
MBS’ ban on ex-top exec sparks debate over fairness of ‘unwelcome person’ notices at IR
THE unprecedented use of a persona non grata notice by Marina Bay Sands (MBS) to ban a former top casino executive from the entire integrated resort over alleged highroller...
Singtel-owned Optus, TPG Telecom get Australia competition regulator’s nod for network-sharing deal
Singtel-owned Optus, TPG Telecom get Australia competition regulator’s nod for network-sharing deal
THE Australian Competition and Consumer Commission (ACCC) on Thursday (Sep 5) said it would not oppose the proposed regional network and spectrum-sharing agreements between Singtel-owned Optus and Australian telco...
Airbus, Rolls-Royce to break silence to airlines on Cathay Pacific A350 engine incident: sources
Airbus, Rolls-Royce to break silence to airlines on Cathay Pacific A350 engine incident: sources
AIRBUS and Rolls-Royce are preparing to brief airlines on the fallout from an engine emergency that prompted Cathay Pacific to review its fleet of A350s as pressure from airlines...
Johnson & Johnson adds US.1 billion to proposed talc settlement
Johnson & Johnson adds US$1.1 billion to proposed talc settlement
JOHNSON & Johnson plans to pay an additional US$1.1 billion to resolve tens of thousands of legal actions alleging its baby powder and other talc products caused cancer, two...
Joe Biden to block Nippon Steel’s proposed takeover of US Steel
Joe Biden to block Nippon Steel’s proposed takeover of US Steel
US PRESIDENT Joe Biden is preparing to block Nippon Steel’s US$14.1 billion takeover of United States Steel, according to sources familiar with the matter.The proposed deal has been subject...
Lyft to sell part of bike business, cut jobs in overhaul
Lyft to sell part of bike business, cut jobs in overhaul
LYFT plans to sell some of its bike and scooter business and eliminate 1 per cent of its employees as the ride-hailing company struggles to turn profitable.The plan is...