Business
Uber proposes cut to New York City driver base pay on lower gas prices
UBER Technologies is proposing a cut to New York City drivers’ base pay rate, among other recommendations, as it seeks to lower prices of…
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Business
Dad horrified as two-year-old son accidentally rips his own tooth out—"why"
A two-year-old boy who fell and lost a baby tooth has gone viral for the incredibly relaxed way he handled it all. Pauly Long, 32, lives…
Business
Marriott trims 2024 profit forecast on sluggish China domestic travel demand
MARRIOTT International cut its annual profit forecast on Monday (Nov 4) as weak domestic travel in China overshadows strong group and…
Business
New York Times tops estimates as digital subscribers grow
NEW York Times reported third-quarter earnings that beat analysts’ expectations, as the company saw an increase in its subscriber count in…
Business
US CEOs fired more quickly over low stock prices this year, report says
US COMPANIES with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a…
Business
US dollar drops to two-week low as investors take profit on ‘Trump trades’
THE US dollar dipped on Monday (Nov 4) as investors braced for wide-ranging implications for the global economy this week from the outcome…
Business
Tesla China shipments slip 5% in october after bumper quarter
TESLA’s Shanghai factory deliveries slipped in October, the unexpected softness coming after a record quarter for China shipments at Elon…
Business
Singapore stocks edge up on eve of US elections following regional trend; STI rises 0.5%
THE Straits Times Index (STI) edged up on Monday (Nov 4) by 0.5 per cent or 16.61 points to end at 3,572.04. Across the broader market,…
Business
South Korean refiners’ losses deepen in Q3, margins set to improve in Q4
SOUTH Korean refiners reported on Monday (Nov 4) sharp losses in the third quarter from oil refining, but expect their margins to recover…
Business
Anglo-American to sell stake in Australian steelmaking coal mines for US$1.1 billion
UK-based Anglo-American said on Monday (Nov 4) that it will sell its minority stake in a joint venture that owns a 70 per cent interest in…
Business
Foxconn subsidiary seeks US$80 million Vietnam investment for integrated circuits
TAIWANESE giant Foxconn’s subsidiary Shunsin is seeking a permit to invest US$80 million in northern Vietnam to produce integrated…
Business
China’s Nio plans to sell its first hybrid car overseas only: sources
CHINESE electric vehicle (EV) maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets,…
Business
Hot stock: Genting Singapore shares rise nearly 2% after RWS casino chief steps down
The announcement comes months after MacDonald said he was issued a persona non grata notice, which banned him from Marina Bay Sands’…
Business
Gold steadies as investors brace for US election and potential rate cuts
GOLD prices held steady on Monday (Nov 4), as investors prepared for a crucial week for the global economy, marked by the US presidential…
Business
Mets Trade Proposal Sends Projected $130M Ace to New York In Blockbuster
Share ✓ Link copied to clipboard! The New York Mets outperformed expectations this season by finishing two wins shy of the World Series.…
Business
Brewers Decline All-Star Closer's Club Option; Could Trade Be On Horizon?
Share ✓ Link copied to clipboard! In 2022, the Milwaukee Brewers traded their All-Star closer Josh Hader to the Padres for a massive…
Business
Stocks to watch: Genting Singapore, City Developments, Keppel Reit, Oxley
THE following companies saw new developments that may affect trading of their securities on Monday (Nov 4): Genting Singapore: Resorts…
Business
RBA set to hold key rate to counter sticky prices, global risks
AUSTRALIA’S central bank is poised to keep interest rates at a 13-year high, marking a year of unchanged policy as it grapples with a slow…
Business
Buffett keeps cutting Apple stake, with value down 60% this year
BERKSHIRE Hathaway’s continued sales of Apple shares in the third quarter left the conglomerate’s stake at a fraction of its size at the…
Business
Baron Corbin Calls Out WWE After Release
Baron Corbin, the WWE superstar who left the company just a few days ago, is seemingly calling out the promotion and agreeing with fans on…
Business
Value-unlocking moves will enliven market more than any new SDRs, Catalist listings
New Singapore Depository Receipts may get a warm reception while latest Catalist listings get a cold shoulder; but Hongkong Land’s pivot…
Business
Greenback rebounds against most major units after weak jobs data; traders eye US election
THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US…
Business
Jeff Bezos Sells $3 Billion in Amazon Shares, Becomes World's Second Richest Person as Net Worth Soars to $222 Billion
Amazon founder Jeff Bezos has sold over $3 billion in Amazon shares this week, according to a regulatory filing disclosed on Friday. This…
Business
Genting Singapore’s RWS casino chief Andrew MacDonald out
CHIEF casino officer and director at Resorts World Sentosa (RWS), Andrew MacDonald, has stepped down. He had done so to “pursue personal…