British engineering company Rolls-Royce stuck to its guidance to turn cash flow positive during the second-half of next year, and said it was on track to deliver its cost-saving targets.
British engineering company Rolls-Royce stuck to its guidance to turn cash flow positive during the second-half of next year, and said it was on track to deliver its cost-saving targets.
SINGAPORE: Future Build-to-Order flats in prime locations may be further subsidised so that they remain affordable, but they may also face some restrictions on resale conditions, said National Development Minister Desmond Lee on Friday (11 Dec). In a Facebook post, Mr Lee said that a new housing ...
Lufthansa will have to lay off 1,000 pilots in the second quarter if it cannot seal a wage agreement with unions, Chief Executive Carsten Spohr told German magazine Wirtschaftswoche.
Zurich Insurance said its subsidiary Farmers Group and Farmers Exchanges had agreed to acquire MetLife's property and casualty business in the U.S. for US$3.94 billion.
Top executives of Carlsberg, SABMiller and India's United Breweries (UB) exchanged commercially sensitive information and colluded to fix beer prices in India over 11 years, according to a government antitrust investigation report seen by Reuters.
SINGAPORE: From Dec 18, Grab customers will have to pay an additional S$0.30 fee for all rides except for GrabHitch and GrabResponse. This follows the lifting last month of measures imposed on Grab by the Competition and Consumer Commission of Singapore (CCCS). The restrictions were put in place ......
Cuba's president to drop its dual currency system Jan. 1
Hyundai Motor Group units and its chairman have agreed to buy an 80per cent stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion won to 900 billion won (US$736 million-US$828 million), one person familiar with the matter told Reuters on Friday.
Oil rose around 1per cent on Friday, extending a sharp rally overnight that saw Brent rise above US$50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year.
