Technology
Airbus net profit soars 28% in first quarter
EUROPEAN aircraft manufacturer Airbus posted on Thursday a 28 per cent increase in first-quarter net income, thanks to rising deliveries and growing production.Net profit in the quarter rose to...
Crypto firm sues SEC to fend off oversight of Ethereum
CRYPTO software firm Consensys sued the US Securities and Exchange Commission (SEC) in an effort to fend off regulation of the Ethereum blockchain and push back against what it...
Spotify says Apple has rejected its app update with price information for EU users
APPLE has rejected Spotify‘s new version of its iOS app with in-app pricing information for users in the European Union, the audio streaming firm said on Thursday.The Swedish company submitted...
S&P slashes Boeing credit outlook as rating hovers above junk status
BOEING’S credit rating was under pressure for the second time this week as S&P brought them one step closer to a junk rating on Thursday (Apr 25) after a...
Honda to spend US$11 billion on EV strategy in Canada
HONDA Motor will spend C$15 billion (S$14.9 billion) to build out its electric-vehicle supply chain in Canada, with billions of US dollars of financial aid from government, as the...
Harvey Weinstein’s Rape Conviction Overturned in Bombshell Ruling by New York’s Highest Court in Big Setback for #MeeToo Movement
The New York state's highest court overturned Harvey Weinstein's rape conviction on Thursday and ordered that the disgraced Hollywood mogul should face a new trial. In a 4-3 ruling,...
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
MAPLETREE Industrial Trust : ME8U 0% (MIT) on Thursday (Apr 25) posted a distribution per unit (DPU) of S$0.0336 for the fourth quarter ended Mar 31, up 0.9 per...
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Hertz Global Holdings reported a loss that was nearly three times worse than analysts expected, as it accelerated sales of electric vehicles to reduce its fleet of Tesla models...
