News
UN aviation agency finds Russia responsible for 2014 downing of MH17 over Ukraine
[MONTREAL] The United Nations aviation agency said on Monday that Russia was responsible for the downing of a Malaysia Airlines jetliner over Ukraine in 2014, leading to the deaths...
British pension funds pledge to step up UK investments
Published Tue, May 13, 2025 · 09:13 AM[LONDON] Major British pension funds pledged on Tuesday to invest billions of pounds in UK businesses and infrastructure, as the government leans...
Seatrium bags floating storage regasification unit conversion contract from Norway’s Hoegh Evi
[SINGAPORE] Seatrium announced on Tuesday (May 13) that it won a floating storage regasification unit (FSRU) conversion contract from Norwegian floating energy infrastructure provider Hoegh Evi for an undisclosed...
Chinese e-commerce giants make expensive bets on fast deliveries
[SHANGHAI] Chinese e-commerce giants Alibaba and JD.com have opened a new front in the ongoing battle for market share, with both expanding aggressively into so-called instant retail centred around...
Amazon delivery driver poops on LA porch
Published Tue, May 13, 2025 · 06:40 AM[LOS ANGELES] A delivery driver dropped off more than an Amazon package on her weekend route when she stopped to relieve herself...
Europe: Shares close higher after Sino-US tariff deal relieves markets
EUROPEAN shares started the week on a positive note on Monday after the United States and China agreed to temporarily slash tariffs, providing some relief to global markets roiled...
McDonald’s sets out to hire 375,000 US workers this summer
The company’s estimates that about one in eight Americans have worked for the chain Published Tue, May 13, 2025 · 06:10 AM[CHICAGO] McDonald’s and its franchisees plan to recruit...
DBS, OCBC and UOB brace for tariff fallout despite steady Q1 results
[SINGAPORE] Uncertainty from US tariffs loomed large as Singapore’s three local banks reported their first-quarter results over the past week.The macroeconomic jitters were significant enough for UOB to suspend...
SGX sees steady stream of delistings amid market pressures
[SINGAPORE] At least 16 companies are on the delisting track as of the first week of May this year. They have either delisted, confirmed delisting dates or announced plans...
Ford’s German workers to strike as tensions rise over planned cuts
Ford plans to cut around 14% of its European workforce, mostly in Germany and BritainPublished Mon, May 12, 2025 · 08:30 PM[FRANKFURT] Ford workers at the US automaker’s two...
