Culture
US port workers and operators reach deal to end East Coast strike immediately
US DOCK workers and port operators have reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the US East Coast...
China’s stock boom may turn to bust as in 2015, Nomura warns
INVESTORS should brace for the biggest stock rally in China in 16 years to turn to bust, with the economy on a much weaker footing than before the pandemic,...
Cisco nears investment in CoreWeave at US$23 billion valuation
CISCO Systems agreed to invest in CoreWeave, a cloud-computing provider that’s among the hottest startups in artificial intelligence (AI), as part of a transaction that values the company at...
US retailers look to back-up shipping plans to prep for holidays as strike continues
MAJOR retailers from Levi Strauss to Costco are preparing alternative shipping plans to ensure goods arrive in time for the peak holiday season as the US East Coast and...
Tesla recalls over 27,000 Cybertrucks in fifth callback this year
TESLA said on Thursday (Oct 3) it would recall more than 27,000 Cybertrucks in the United States due to delayed rear-view camera images that could impair driver visibility and...
Oil jumps over US$3 a barrel as Middle East conflict stokes supply worry
OIL prices surged on Thursday (Oct 3) as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows.Brent crude futures settled up US$3.72,...
Shein to hold roadshows soon ahead of London IPO: sources
SHEIN is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing...
HSBC scraps some internal events, restricts travel to curb costs
HSBC Holdings has cancelled some internal events and further curtailed travel as the bank’s new chief executive seeks to keep a tight lid on costs ahead of his first...
US: Wall St opens lower with jobs data, Middle East conflict in focus
Wall Street opened lower on Thursday (Oct 3) after a moderate rise in jobless claims sparked worries about the health of the labour market, while cautious investors kept an...
Airlines avoid Iranian airspace, hiking up flight times and fuel costs
AIRLINES are largely avoiding Iranian airspace in their flights over the Middle East, according to flight tracker FlightRadar24, lengthening flight times and hiking up fuel costs as worries over...
