Faces
A US$290 billion ESG bond market faces EU snub in new proposal
A KEY ESG bond market may not be green enough to merit being included in a European Union review of sustainable flows in the region.The Platform on Sustainable Finance,...
United Airlines faces overstaffing due to Boeing’s delivery delays
UNITED Airlines on Monday (Apr 1) warned that delays in aircraft deliveries from Boeing would leave it overstaffed as it will impact its aircraft utilization this year.As a result,...
Hermes faces US lawsuit over ‘refusal’ to sell Birkin bag
FASHIONISTAS desperate to get their hands on an exclusive Birkin handbag are suing Hermes in California on grounds the company won’t sell them one unless they buy other luxury...
Manulife faces 40% decline in US office investments from peak
MANULIFE Financial is facing a divided global office market, with the value of its United States office investments having plummeted by as much as 40 per cent from a...
Nestle faces investor challenge over healthy food targets
NESTLE is facing a formal demand from some shareholders, including Legal & General Investment Management, to significantly improve the amount of healthy food the Swiss consumer group sells. A...
Thai contractor faces 108 billion baht debt crunch as some overseas projects fail
A CASH crunch at Thailand’s largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults....
Pentagon Leaker Jack Teixeira Pleads Guilty, Faces Over 16 Years in Prison
Jack Teixeira, a former Massachusetts Air National guardsman aged 22, pleaded guilty to all six charges of leaking national defense information. Teixeira appeared in federal court in Boston, Mass.,...
Bitcoin faces ‘sell-the-news’ moment after setting record high
FOR a brief moment, nearly everyone who ever invested in Bitcoin was profitable. Now, with the cryptocurrency retreating from its still fresh record high, all are left to wonder...