Markets

Siemens Chief Executive Joe Kaeser on Friday lamented Germans who fail to recognize true visionaries and instead admire pot smokers who talk about space travel, only days after his deputy praised Tesla CEO Elon Musk.

Saudi Aramco is looking to sell up to 0.5per cent of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with the matter told Reuters.

French insurer AXA said it expected to book net proceeds of US$3.1 billion from the sale of a 29per cent stake in AXA Equitable Holdings (EQH) as it exits its U.S. life insurance business.

SINGAPORE: The Government announced a S$100 million Rail Manpower Development Package (RMDP) on Saturday (Nov 9), with the aim of expanding Singapore's rail workforce and preparing workers to "run an expanded and more complex rail system".  Unveiled by Transport Minister Khaw Boon Wan, the ...

Alibaba has extended its investment banking syndicate as it works towards a US$10 billion to US$15 billion listing in Hong Kong at the end of the month, according to three sources with direct knowledge of the matter.

EDWARDS AIR FORCE BASE, California.: NASA, most prominent for its many Florida-launched exploits into space, showcased an early version of its first all-electric experimental aircraft, the X-57 Maxwell, on Friday (Nov 8) at its lesser-known aeronautics lab in the California desert. Adapted from an ...

Southwest Airlines is extending the cancellation of Boeing Co 737 MAX flights from its schedule by another month, through March 6, 2020, according to a regulatory filing.

Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp's board over its US$38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders released on Friday.

SEATTLE: A ruling by a U.S. judge granting bond on Friday to a former Twitter employee accused of spying for Saudi Arabia was stayed after U.S. prosecutors said they appealed the decision. Magistrate Judge Paula McCandlis, of the U.S. District Court in Seattle, granted Ahmad Abouammo, 41, bond ......

WASHINGTON: New York business tycoon Michael Bloomberg paved the way for a shot at the US presidency, registering as a candidate in the Alabama Democratic primary race before Friday's (Nov 8) filing deadline. Although the billionaire has not publicly announced his run, his inclusion among a ...