Bloomberg
Australian State Triggers Emergency Powers Amid Fuel Crisis
(Bloomberg) -- Western Australia invoked emergency powers to force fuel suppliers to provide detailed information on their supply chains, as the nation seeks to manage an ongoing shortage spurred...
Iron Ore Hits Highest Since February on PBOC Outlook, Restocking
SGX (Bloomberg) -- Iron ore hit the highest price since February, buoyed by the outlook for macro-economic support in China and pre-holiday restocking. Futures rose for a fourth day,...
China’s Private Home-Sale Data Suspended Amid Property Woes
(Bloomberg) -- Two of China’s private data agencies withheld monthly home sales figures at the government’s behest, people familiar said, adding challenges to transparency in a critical sector of...
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...
With stock purchase, Elon Musk signals confidence in Tesla’s self-driving tech
In a move that boosted Tesla’s stock in midday trading on Monday, it was revealed that Chief Executive Elon Musk purchased approximately $1 billion worth of the company’s shares.The...
Musk’s xAI sues Apple and OpenAI, escalating billionaire’s tech feud
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI and Apple accusing both of anticompetitive behavior in the...
Oil Steadies as Supply Disruption Concerns Offset Strong Dollar
(Bloomberg) -- Oil was steady in London as traders weighed supply disruptions in Iraq against a strong rebound in the dollar. Most Read from Bloomberg Brent was little changed...
Indonesia sovereign wealth fund interested in Grab-GoTo deal: Bloomberg
[SINGAPORE] Indonesia’s sovereign wealth fund Danantara is considering a stake in the Grab acquisition of GoTo for US$7 billion, reported Bloomberg.
The sovereign wealth fund is said to be in...
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines[SINGAPORE] Great Eastern is considering options that include a plan to delist via an offer...
Andrew Roberts Leaves Burberry for New Role at Global Law Firm Linklaters
LONDON – Andrew Roberts, who spent almost a decade overseeing corporate relations at Burberry, is joining the global law firm Linklaters as chief communications and corporate affairs officer. Roberts...
