Culture
Big Oil isn’t budging on output as Opec+ supply hike looms
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices during April and a decision by...
Etihad is squeezing outsized luxuries into its smallest aircraft
[DUBAI] When Etihad Airways received its first Airbus A380 jets a good decade ago, the airline furnished the front of the giant double decker with a veritable luxury playground...
US Fed expected to pause cuts again and wait for clarity on tariffs
[WASHINGTON] The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how US President Donald Trump’s stop-start...
Shell is studying merits of BP deal as rival’s stock slumps
[LONDON] Shell is working with advisers to evaluate a potential acquisition of BP, though it’s waiting for further stock and oil price declines before deciding whether to pursue a...
Opec+ agrees another accelerated oil output hike for June
[LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has agreed to accelerate oil production hikes for a second consecutive month, raising...
Ben & Jerry’s cites investor Peltz’s growing influence over parent company Unilever
[NEW YORK] Ice cream maker Ben & Jerry’s said late on Friday (May 2) that billionaire activist investor Nelson Peltz, who is on its parent company Unilever’s board, has...
Tiny logistics firm’s shares surge on plan to buy Trump Coin
Published Sun, May 4, 2025 · 09:00 AM[NEW YORK] A small logistics company’s plan to hold US President Donald Trump’s memecoin as a treasury asset is fuelling its blistering...
Warren Buffett’s favourite valuation indicator flashes buy signal
[NEW YORK] A key valuation metric touted by legendary investor Warren Buffett is signalling that equities are relatively cheap, bolstering the case that the sizzling rebound in US stocks...
JetZero’s triangle-shaped jet on track to fly by late 2027
[LOS ANGELES] JetZero, the startup aiming to take on planemakers Airbus and Boeing, is on track to fly the first full-scale model of its manta ray-shaped jetliner by late...
Hong Kong buys US dollars to maintain FX peg in first since 2020
Published Sat, May 3, 2025 · 10:29 AM[HONG KONG] The Hong Kong Monetary Authority (HKMA) bought US dollars to cap the gains of the city’s currency, the first such...
