Fashion
Ford lowers annual guidance, citing fire at supplier’s aluminum plant
[ad_1] [DETROIT] Ford Motor cut its profit guidance on Thursday, citing fallout from a fire at a critical aluminum supplier that will crimp production of some of its most lucrative vehicles through...
Chauncey Billups Shared Inside Information to Gambling Ring that Trail Blazers Was Planning to Lose Upcoming Game
[ad_1] Portland Trail Blazers head coach Chauncey Billups is accused of secretly sharing inside information with gamblers, allegedly revealing that his team intended to lose games on purpose so they...
Air Canada cuts 400 management positions, or 1% of workforce
[ad_1] [MONTREAL] Air Canada said on Thursday it cut about 400 management positions, representing about 1 per cent of its workforce, after the country’s largest airline faced a four-day strike earlier this...
Six Wall Street bank chiefs hold most power since global crisis
[ad_1] [NEW YORK] The last time every major US bank boss also led their boards, Steve Jobs was launching the first iPhone and Bear Stearns had a market value of...
Keppel DC Reit’s 9-month distributable income rises 55.5%
[ad_1] [SINGAPORE] Keppel DC Reit reported distributable income of S$195.3 million for the nine months ended Sep 30, up 55.5 per cent from S$125.6 million a year earlier.Its distribution per...
Blackstone profits soar but lower rates bring scrutiny to credit
[ad_1] The US$1.2 trillion firm is a giant non-bank lender in its own right, with credit dominating flows in the third quarter[NEW YORK] Blackstone sent the strongest signal yet that...
Binance founder Zhao wins Trump pardon in latest clemency
[ad_1] The pardon has been widely anticipated by friends, associates and the cryptocurrency industry at large[WASHINGTON] Binance co-founder Zhao Changpeng has received a pardon from US President Donald Trump, one...
Target to eliminate 1,800 roles, 8% of headquarters team
[ad_1] [CHICAGO] Target is eliminating about 8 per cent of corporate roles in its first major restructuring in years, according to a memo viewed by Bloomberg News, as the retailer...
US: Wall Street ends higher amid mixed earnings, Trump-Xi meeting confirmed
[ad_1] [NEW YORK] Wall Street advanced on Thursday as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns.All three major US stock indexes closed higher, with tech...
Europe: Stoxx 600 closes at record high on energy boost, earnings in focus
[ad_1] THE Stoxx 600 index closed at a record high on Thursday, led by gains in energy stocks after the US imposed new sanctions on Russia, while investors also gauged...
Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears
[ad_1] Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable[ESPOO, Finland] Nokia’s CEO Justin Hotard said artificial intelligence is driving a long-term growth trend...
