Culture
Airbus warns airlines that delays will last three years: sources
Published Wed, May 28, 2025 · 10:46 PM[PARIS] Airbus is warning airlines that delays in deliveries will persist for another three years as it works through a backlog of...
US: Wall St muted at open after sharp rally, focus on Nvidia earnings
Published Wed, May 28, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened subdued on Wednesday (May 28) after a sharp rally in the previous session, when cooling...
UBS to sell hedge fund unit O’Connor to Cantor Fitzgerald
The deal includes “O’Connor’s six investment strategies” with about US$11 billion in assets under managementPublished Wed, May 28, 2025 · 08:43 PM[ZURICH] UBS Group’s asset management division has signed...
Indonesia antitrust agency finds risk of monopoly from TikTok’s Tokopedia takeover
The agency says it found rising market concentration and warned of possible post-acquisition price hikes due to increased dominancePublished Wed, May 28, 2025 · 08:17 PM[JAKARTA] Indonesia’s antitrust agency...
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of S$67.5m
[SINGAPORE] Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise closed in November 2024. The ground-floor retail...
Singapore shares buck regional trend; STI up 0.4%
[SINGAPORE] Shares on the Singapore bourse ended higher on Wednesday (May 28), even as other regional markets languished in the red.In Singapore, the benchmark Straits Times Index (STI) rose...
Exxon enters talks to sell French business for 400 million euros
[LONDON] ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North Atlantic France SAS for about...
Nissan offers buyouts to US workers, halts global pay rises, internal e-mails show
[TOKYO] Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal e-mails reviewed by Reuters showed, as the automaker expands cost cuts...
Nissan offers buyouts to US workers, halts global pay rises, internal emails show
[TOKYO] Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal emails reviewed by Reuters showed, as the automaker expands cost cuts...
UK’s Thames Water fined £122.7 million over sewage and dividend breaches
[LONDON] Britain’s Thames Water, on the brink of financial collapse, will have to pay a record £122.7 million (S$213.3 million) fine for breaching its legal obligations over sewage treatment...
