Business News

Plastic pollution: Coca-Cola reveals they produce 3 million tons of plastic packaging per year

As per a recent report, the soft drink company is producing so much plastic that the amount is equivalent to 200,000 bottles a minute.

Mar 14, 2019

By Bhaswati Guha Majumder

Co-living platform, Hmlet announces new units in Singapore's district 2

Hmlet provides affordable, high-quality, community-centric homes in Singapore, Hong Kong and Australia.

Mar 14, 2019

By IBTimes SG Desk

Spotify and Hulu bundled streaming: How much will it cost you?

Members that currently pay $12.99 per month to bundle Spotify and Hulu will have their plan automatically reduced to the $9.99 price.

Mar 14, 2019

By Dawn Geske

Google paid $105M to execs accused of sexual harassment

Rubin and Singhal received these enormous sums to expedite their departure from Google with the least amount of fuss and unfavorable publicity.

Mar 14, 2019

By Arthur Villasanta

Volkswagen to cut 30,000 jobs to save money for electric, self driving projects

Can Volkswagen Electric Car Beat Elon Musk's Tesla? Analysts Say 'No'

The Volkswagen Group yesterday announced it now intends to build 22 million EVs across its brands by 2028.

Mar 14, 2019

By Arthur Villasanta

China industrial output growth falls to 17-year low, but investment picks up

Industrial output rose 5.3 percent in January-February, the National Bureau of Statistics (NBS) said.

Mar 14, 2019

By Reuters

trump-orders-grounding-of-boeing-737-max-8-and-max-9-planes-after-ethiopia-crash

Boeing faces crisis with worldwide grounding of 737 MAX jetliners

The crash was the second disaster involving the 737 MAX, the world's most-sold modern passenger aircraft, in less than five months.

Mar 14, 2019

By Reuters

Temasek hires Goldman executive to ramp up North America business

Singapore's Temasek to buy stake in Danish engineering firm

Haldor Topsoe, which confirmed the deal but did not disclose a price, said Temasek's global reach and connections in Asia and other emerging markets would bring value to the company.

Mar 13, 2019

By Reuters

Singapore Exchange under pressure as HKEX jostles for China market

Shares in SGX fell 1.6 percent on Tuesday after slumping 3.7 percent in the previous session when it clocked the worst slide in 13 months.

Mar 13, 2019

By Reuters

Malaysian immigration system sabotage: Five more immigration officers arrested

Malaysia to decide fate of Malaysia Airlines 'soon', PM says

The fund also said that it was waiting for MAB to present a review of its business strategy.

Mar 13, 2019

By Reuters

Petronas to start offering oil products from new refinery in April

Petronas' refining capacity will reach 700,000 bpd after including its equity stake in the Pengerang complex.

Mar 13, 2019

By Reuters

Conservative Party slogan sign falls apart during disastrous Theresa May speech

Brexit talks deadlocked before vote on May's deal

Talks will resume between May and Juncker on Monday with the aim of securing changes to the deal before Tuesday's vote.

Mar 11, 2019

By IANS

U.S. Senator Elizabeth Warren addresses the 2016 U.S. Democratic National Convention at Wells Fargo Center, Philadelphia, Pennsylvania, the United States, on July 25, 2016. The Democratic National Convention kicked off on Monday. (Xinhua/Li Muzi/IANS)(wjd

US Senator Elizabeth Warren calls for break up of Apple

Massachusetts Senator Elizabeth Warren proposed breaking up tech titans such as Amazon, Google and Facebook.

Mar 11, 2019

By IANS

Singapore scrutinises UBS, DBS, Falcon over 1MDB transactions - sources

UBS, StanChart agree to settle 2009 Hong Kong IPO misconduct case: regulator's counsel

Details of the settlement, the misconduct or grounds for appeal have not been disclosed.

Mar 11, 2019

By Reuters

SoftBank's Son finds more love for early-stage investing, new fund planned

he global fund from newly rebranded Seoul-based SoftBank Ventures Asia will be worth as much as $500 million and could launch next month, said CEO JP Lee.

Mar 11, 2019

By Reuters

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