The world’s largest rig-builder’s decision shouldn’t come as a surprise though, says David Kuo, as the sun has been slowly setting on a shrinking oil and gas industry.
SINGAPORE might be a well-developed financial centre, but consumers here remain daunted by the effort it seems to take to plan their finances.
Playboy Enterprises Inc is nearing a deal to acquire the parent company of sexual wellness chain Lovers as it seeks to grow its lifestyle brand following the shuttering of its eponymous magazine, people familiar with the matter said on Sunday.
U.S. hedge funds last week bought and sold the most stock in more than 10 years amid wild swings in GameStop Corp shares that many had bet against, but their market exposure to stocks is still near record levels, according to an analysis by Goldman Sachs Inc.
On three hours of sleep a night and with no time to eat, one New York-based hedge fund manager overseeing billions in assets called last week the most stressful of his life.
Melvin Capital, the hedge fund at the center of the GameStop drama, lost 53per cent in January but received commitments for fresh cash from investors in the last days of the month, a source familiar with the fund said on Sunday.
Chinese smartphone maker Xiaomi Corp said on Sunday that its legal complaint against the U.S. Department of Defense and the Treasury Department was to protect the company's interests, in a notice on the Hong Kong stock exchange.
SYDNEY: Facebook CEO Mark Zuckerberg called Australian lawmakers last week to discuss rules that would make internet giants pay news outlets for content but failed to persuade them to change policy, the country's Treasurer said on Sunday (Jan 31). Zuckerberg "reached out to talk about the code and ......
LONDON: Britain will apply to join the Pacific free trade area, the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), the UK said Saturday (Jan 30), under its post-Brexit plans. Britain's International Trade Secretary Liz Truss is to formally request UK membership of the free trade ...
Emmanuel Faber, the chief executive and chairman of French food group Danone, told the weekly Journal du Dimanche that he did not hold a "dogmatic" view as to whether the role should be split in two.
