Entrepreneurship
Lack of air traffic controllers hits almost half of major US airports
[WASHINGTON] Nearly 50 per cent of the 30 busiest US airports are grappling with shortages of air traffic controllers, the Federal Aviation Administration (FAA) said on Friday (Oct 31),...
Wall Street gains on Amazon boost but rate caution tempers enthusiasm
[NEW YORK] Wall Street’s main stock indexes closed higher on Friday (Oct 31), with their biggest boost coming from Amazon’s upbeat earnings forecast, but sentiment was dampened by worries...
Building Brands That Stick in a Saturated Market
Creating a brand that sticks in today’s market is becoming increasingly challenging. Consumers have grown incredibly savvy thanks to technology that puts information at their fingertips. They can research,...
US: S&P 500, Nasdaq opens higher as Apple, Amazon forecasts lift mood
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Friday (Oct 31) after upbeat forecasts from Apple and Amazon helped calm nerves, a day after the indexes...
ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production
[HOUSTON] ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in Guyana and the Permian Basin which offset lower...
Nexperia cuts wafer supplies to Chinese plant, ratcheting up chip disruptions
The move comes after the Dutch chipmaker’s Chinese unit resumed supplying semiconductors to local customers[BEIJING/TAIPEI] Dutch chipmaker Nexperia has suspended supplies of wafers to its Chinese assembly plant, according...
Japanese semicon photomask maker Tekscend breaks ground on new Singapore plant, set to create 60 jobs
It will be fully operation end-2026 or early 2027; aims to serve customers in Singapore, Malaysia and India [SINGAPORE] Tekscend Photomask broke ground on its new Singapore manufacturing facility on...
Air India seeks 100 billion rupees lifeline from SIA and Tata, Bloomberg News reports
The development follows a deadly Air India crash in June that killed more than 240 passengers[BENGALURU] Air India is seeking at least 100 billion rupees (S$1.5 billion) in financial...
Crypto exchange Coinbase beats analysts’ estimates as trading volumes surge
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to hedge their portfolios[BENGALURU] Coinbase Global beat analysts’ estimates for third-quarter...
ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of fiscal 2025 due to charges...
