Business
Seatrium shares plunge 7.8% after US$475 million Maersk contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
Seatrium shares plunge 7.8% after US$475 million Maersk offshore Wind contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Business
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening US…
Business
Private capital roars back in Q2 with strongest returns since 2021: MSCI
Across the board, every major private asset class has recorded an improvement on its Q1 return Private markets delivered their strongest…
Business
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year Gold…
Business
Bank of Singapore’s new AI tool does in one hour what used to take 10 days
Besides being a time saver, the tool cuts down on human error from examining documents on clients’ employment, business and investment…
Unsorted
US SEC offers relief for IPOs stuck in limbo during shutdown
Few companies typically choose to go this route and instead opt to seek a green light from staff reviewers The US Securities and Exchange…
Fashion
Shein, hit with big fines, boosts internal controls
The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales Online fast-fashion retailer Shein…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel
The contract was with a Maersk Offshore Wind affiliate, for deployment at US offshore wind farm Seatrium on Friday (Oct 10) announced that…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 7%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Stocks to watch: Seatrium, Thakral, Fu Yu, Capital World
The following companies saw new developments that may affect trading of their securities on Friday (Oct 10): Source link
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László Krasznahorkai and Contemporary Europe’s Perilous Reality
In 2011, I wrote that reading László Krasznahorkai “is a little like seeing a group of people standing in a circle in a town square,…
Business
Levi Strauss forecasts annual profit below estimates as tariffs bite
The retailer has leaned into full-price sales through its direct-to-consumer channel, broadened its product offerings and kept a tight…
Business
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his…
Business
Silver hits US$50 for first time in decades
While gold is traditionally viewed as a hedge against riskier assets such as stocks, it often falls during broad market selloffs as…
News
Oil settles 1.6% lower after Gaza ceasefire
Opec+ has agreed on Sunday to a November output hike that was smaller than market expectations, easing oversupply concerns Oil prices…
Business
US: Wall Street closes lower, pausing record-setting rally as earnings approach
US stocks ended in negative territory on Thursday (Oct 9) as investors, left with no economic data or any sentiment-swaying catalysts,…
Business
Europe: Ferrari’s steepest fall drags Europe’s stocks, HSBC pulls parking brake
The central bank kept rates unchanged and struck a cautiously optimistic tone on the economy European stocks fell on Thursday (Oct 9),…
Unsorted
Bad Bunny gets streaming boost after landing Super Bowl halftime gig
Singer Bad Bunny has gotten a streaming bump from listeners since the NFL announced he would perform at halftime during Super Bowl 60 in…
Business
Serving with purpose: Expectations of non-profit board directors
Unlike directors of listed companies, NPO directors operate in an environment where the Code of Corporate Governance, Companies Act and…
Culture
Boggle and Pictionary games coming to Netflix
Netflix on Wednesday night unveiled its first games for the TV, as the Los Gatos streamer aims to gain a bigger share of the video game…
Business
Vietnam Overtakes China as Leading Clothing Exporter to the United States
Vietnam has surpassed China as the top exporter of clothing to the US in the first seven months of 2025 due to changes in trade patterns…