Culture

The huge risk in seeking ‘safety’ 
GOT acrophobia? Fear of heights is common around all-time stock-market highs – such as now. Source link
Genting Singapore’s RWS casino chief Andrew MacDonald resigns
CHIEF casino officer and director at Resorts World Sentosa (RWS), Andrew MacDonald, has stepped down. He had done so to “pursue personal interests” said mainboard-listed Genting Singapore, the owner...
Hospitality S-Reits’ RevPAR mostly resilient as tourism activity normalises
SINGAPORE real estate investment trusts (S-Reits) with hospitality assets have reported mostly stable operating performance in the third quarter even as tourism activity normalises following the post-pandemic travel boom.Business...
US fines GlobalFoundries for shipping chips to sanctioned Chinese firm
THE US said on Friday (Nov 1) it imposed a US$500,000 penalty on New York-based GlobalFoundries, the world’s third-largest contract chipmaker, for shipping chips without authorisation to an affiliate...
Crypto ETFs see big inflows ahead of US election, traders brace for volatility
INVESTORS have ploughed money into funds tracking Bitcoin, betting on a return of Republican Donald Trump to the White House even as they expect wild price swings in the...
Apple accused by NLRB of deterring employees from discussing pay equity
APPLE has been accused by the National Labor Relations Board (NLRB) of trying to prevent employees from discussing pay equity and forcing an engineer who circulated a wage survey...
Major airlines criticise Biden’s air competition review, seek more time
GROUPS representing major airlines on Friday (Nov 1) criticised the Biden administration’s broad public inquiry into the state of competition in air travel, saying the review needs more time...
Boeing gains on optimism that lengthy strike is nearing an end
BOEING’S shares rose after union leaders endorsed the latest offer to boost wages, spurring optimism that the company could finally be close to ending a lengthy strike that’s crippling...
Apple to buy Pixelmator, maker of popular photo-editing apps
APPLE agreed to buy software maker Pixelmator, adding a popular high-end photo-editing app to its lineup.Pixelmator announced the acquisition on Friday (Nov 1), saying its Lithuania-based team would be...
Tesla sells US$499 million of debt backed by solar equipment loans
TESLA sold US$499 million of bonds backed by loans offered to customers buying solar equipment.Deutsche Bank began marketing the five-tranche deal on Monday (Oct 28) and the process wrapped...
Nvidia to take Intel’s spot on Dow Jones Industrial Average
INTEL will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the chipmaking market and marking another setback...
US: Stocks rise as market eyes Fed decision after weak jobs data
WALL Street stocks rose on Friday (Nov 1) following strong Amazon earnings and weak US jobs data that was seen as boosting the likelihood of Federal Reserve interest rate...