Amid questions concerning how much more Singapore Airlines may have to lay off staff and cut costs, NUS Business School Associate Professor Nitin Pangarkar argues it’s in Singapore’s national interest to retain a national carrier.
US prosecutors charged a former US employee of a Swiss energy trading firm with bribery and a Florida company pleaded guilty to bribery as a probe into corruption in energy trading widened in the United States.
The advanced battery cell design and new manufacturing processes outlined by Tesla Inc CEO Elon Musk are promising, battery experts say, but they questioned how quickly they can be implemented and how much they’ll contribute to reducing overall costs.
THE latest report that slammed global banks for their part in channelling dirty money naturally stirred attention, with some international lenders having their share prices hit on the news.
AT a time where most businesses are shoring up their finances against the Covid-19 crisis, payments startup TransferWise has reduced its money transfer fees by around 15 per cent for the majority of its eight million customers globally.
NEARLY 80 per cent of survey respondents in Singapore expect the country to go fully cashless in the next decade, a survey by Standard Chartered (StanChart) has found.
WITH the recent slashing of OCBC's exposure to the offshore support vessels (OSV) sector, the question is whether the bank's plan to rev up its sustainable finance portfolio will be able to make up for the gap.
THE Infocomm Media Development Authority (IMDA) has partnered DBS, OCBC and UOB to develop banking solutions, leveraging nationwide e-invoicing network InvoiceNow and the PayNow e-payment system.
Arthur Ochs Sulzberger Jr. will retire as chairman and a member of the New York Times Co's board by the end of December, the newspaper publisher said on Wednesday.
