[DUBAI] The energy investment arm of Abu Dhabi’s state oil producer agreed to pay US$1.45 billion for Shell’s stake in an Australian natural gas project, the latest in a series of deals as the Middle ...
[Burbank, California] Walt Disney Co is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20 per cent in annual cost savings, according to people familiar ...
[SINGAPORE] Singapore’s annual energy forum kicked off on Oct 26 with a note of caution – countries may prioritise their domestic energy needs in a fuel crunch, and “this trend of resource nationalism ...
The revisions come as the company’s shares continue to fall, down as much as 9.4% on Monday Read more at The Business Times.
TIMING is everything when you’re trying to pull off a mega deal. And it’s hard to think of a worse moment for semiconductor designer Marvell Technology to unveil a takeover of laser specialist ...
CHINA’s technology stocks have a familiar problem: Just when investors begin to regain confidence, another regulatory announcement sends them running for the exits. That was precisely what happened on ...
[DUBAI] Saudi Arabia’s state-owned oil company Aramco reported on Tuesday (Nov 3) a 34.5 per cent increase in net profit in the third quarter despite attacks targeting it, mainly due to higher revenue ...
FOR decades, investors have relied on a familiar formula for portfolio diversification: stocks for growth, bonds for stability. This balancing act lies at the heart of the traditional 60/40 portfolio, ...
EVERY December, without fail, a friend or a client of Endowus will ask apologetically whether they have left it too late to top up their Supplementary Retirement Scheme (SRS) account for the year. The ...
[FRANKFURT] Lufthansa posted better-than-expected quarterly profit as strong demand and cost discipline helped cushion the impact from high fuel prices. Third-quarter earnings rose 6 per cent to 1.4 ...
[AMSTERDAM] Henk Schiffmacher, a 74-year-old tattoo artist with gold teeth and a wide-brimmed hat, leaned forward to grasp Rachel van Haren’s arm. He was concentrating on inking a rotund little ...
Willow Springs’ new owners have big plans to lure wealthy drivers and their expensive supercars Read more at The Business Times.