Ford to cut 4,000 jobs in Europe
Auto giant Ford has announced another 4,000 job cuts, concentrated in Germany and Britain (INA FASSBENDER) US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in…
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Amos Group extends offer closing date to Dec 12
OFFSHORE oil and gas equipment manufacturer Amos Group on Wednesday (Nov 20) extended the deadline for shareholders to accept the offer made by its controlling shareholder to 5.30 pm on…
Jihadist police chief of Timbuktu jailed for war crimes
The International Criminal Court (ICC) has sentenced the former head of the Islamic police in Mali's historic city of Timbuktu to 10 years in prison for war crimes. Prosecutors said…
Floods to shave 0.2 percentage points off Spain's growth
The October 29 floods washed away roads and rail lines, submerged fields and gutted homes and businesses (Jose Jordan) The floods which killed 227 people in Spain last month could shave…
Apple makes US$100 million investment proposal for new plant in Indonesia
TECH giant Apple has made a US$100 million investment proposal to Indonesia to build a plant to manufacture accessories and components, the industry ministry said on Wednesday (Nov 20).…
Hospital: 12 dead in Israeli strike on house in northern Gaza
At least 12 people were killed in an Israeli bombardment of a house in Jabalia in the northern Gaza Strip overnight, according to a local hospital. Kamal Adwan Hospital said that women and…
Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024, from 4.6 billion yuan in the corresponding period…
In data: APAC outperforms amid global decline in deal activity
GlobalData reports that the Asia-Pacific (APAC) region recorded 11,808 deals, including mergers & acquisitions (M&A), private equity and venture financing deals between January and October…
Singapore stocks fall amid mixed regional showing; STI drops 0.4%
Nikkei 225 ends 0.2% lower, while Kospi is up 0.4%; Bursa loses 0.3% and Hang Seng closes 0.2% higher SINGAPORE stocks closed lower on Wednesday (Nov 20), as investors awaited chipmaker…
Ukraine estimates environmental damage of 1,000 days of war at $71 bn
The war in Ukraine has left tens of thousands of people dead, destroyed homes and created millions of refugees, but it has also caused severe environmental damage, Ukrainian Environment…
China smartphone sales drop 9% y/y over Singles’ Day shopping festival
Apple sales fell year-over-year by double-digit percentages, Huawei’s sales increased by 7%, while Xiaomi’s sales declined by 6%. APPLE sold fewer smartphones during China’s Singles’ Day…
ADIA, GIC said nearing Pye-Barker Fire & Safety minority stake
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire & Safety in a deal that would value the company at more…
Was Mike Tyson-Jake Paul Fight Rigged? NFL Legend Michael Irvin Claims Tyson Was Forced to Hold Back Due to Secret Contract Clause
Dallas Cowboys legend Michael Irvin has shared a theory suggesting that Mike Tyson was restricted during his recent fight against Jake Paul. Paul, 27, beat the 58-year-old Tyson with ease…
Wife of Ugandan opposition figure Besigye says he was kidnapped and is being held in a military jail
NAIROBI, Kenya (AP) — The wife of Ugandan opposition figure Kizza Besigye said Wednesday he was kidnapped in neighboring Kenya and is being held in a Ugandan military jail. Winnie…
Ramon Rivera: Maniac Who Killed Three in Manhattan Stabbing Spree Gives Disturbing Reason Behind Choosing His Victims
The career criminal accused of fatally stabbing three people in an unprovoked attack across Manhattan reportedly told police a disturbing reason for choosing his victims. Ramon Rivera, 51,…
Zoo begins mission to save Mexican boxer pupfish
A zoo has started a breeding programme for a Mexican fish species that is believed to have gone extinct in the wild. Whipsnade Zoo in Bedfordshire says it has been told by conservationists…
Old clip shows Pakistani politician welcomed by supporters, not 'heckled at airport' amid record smog
The chief minister of Pakistan's Punjab province Maryam Nawaz Sharif was criticised for flying abroad while the province grappled with record levels of pollution in November 2024, but a…
How Did Saafir Die? Veteran Oakland Rapper Dies Unexpectedly Aged 54 as Friend Xzibit Pays Touching Tribute
Saafir, the popular Oakland rapper, has died at the age of 54. The veteran West Coast rapper, whose real name is Reggie Gibson, died at 8:45 a.m. on Tuesday, Nov. 19. The heartbreaking…
Iraqis face tough homecoming a decade after IS rampage
A decade after Islamic State group extremists rampaged through northern Iraq, Moaz Fadhil and his eight children finally returned to their village after languishing for years in a…
Ugandan opposition figure reportedly detained
The wife of Ugandan opposition figure Kizza Besigye says he has been kidnapped and is now being held in a military jail. In a post on X, Winnie Byanyima wrote that her husband had been…
Dyna-Mac to delist after close of exit offer
OFFSHORE oil-and-gas contractor Dyna-Mac will delist from the mainboard of the Singapore Exchange (SGX), following the close of offeror Hanwha Ocean SG’s voluntary unconditional cash offer…
Singapore shares rise at Wednesday’s open; STI up 0.2%
SINGAPORE stocks began trading higher on Wednesday (Nov 20) morning following a mixed performance in world indices. As at 9.03 am, the Straits Times Index (STI) rose 6.14 points or 0.2 per…
Stocks to watch: CLI, Keppel DC Reit, Koh Brothers Eco, Frencken, GuocoLand
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 20): CapitaLand Investment (CLI): The real asset manager is buying a 40 per cent…
CLI to acquire initial 40% interest in SC Capital Partners for S$280 million
CAPITALAND Investment (CLI) has agreed to buy an initial 40 per cent stake in Singapore-headquartered real estate investment manager, SC Capital Partners, for S$280 million. The deal is…