Culture

Boeing makes higher offer to striking workers, vote on Monday: union
US AVIATION giant Boeing has improved the conditions in its contract offer to thousands of striking workers, with a 38 per cent wage increase over four years and a...
Intel surges after results spark optimism over turnaround
INTEL gave a fourth-quarter revenue forecast slightly above estimates, sparking optimism that it’s capable of reclaiming some lost market share. Fourth-quarter revenue will be US$13.3 billion to US$14.3 billion, the...
Apple disappoints investors with tepid forecast, China weakness
APPLE Inc, heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market.Following the company’s...
Hanwha’s offer for Dyna-Mac shouldn’t be compared to past non-privatisation deals
THERE have been two important developments since Hanwha Ocean SG’s offer for Dyna-Mac was spotlighted by this column three weeks ago.On Oct 14, the offeror – a special-purpose vehicle...
Equity-focused gold ETFs may miss out on market tailwinds
BULLION-BACKED exchange-traded funds (ETFs) have been gaining traction, as they ride on the strong price momentum of the yellow precious metal. However, market watchers noted that prices of gold...
Abu Dhabi firms to launch tokenised US Treasuries fund
ABU Dhabi firms Realize and Neovision Wealth Management have launched an investment vehicle that will buy units of exchange traded funds (ETFs) focused on US Treasury Bills and convert...
TotalEnergies’ profit drops more than expected as oil prices fall
TOTALENERGIES reported a bigger-than-expected drop in profit for the third quarter as refining margins and oil prices fell. Following a period of unusually high oil and gas prices in recent...
BlackRock gets nod from Saudi Arabia for regional HQ in Riyadh
BLACKROCK received approval from Saudi Arabia to set up its regional headquarters in Riyadh, the latest sign that the kingdom is having some success in attracting more financial firms...
Merck narrows sales outlook with Gardasil lagging in China
MERCK lowered the top end of its full-year sales guidance after demand for its HPV vaccine fell for a second straight quarter in China. Sales of the Gardasil shot, which...