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Volkswagen CEO faces acid test from unions over swingeing job cut plans
The plans will include significant cost reductions, the four plant closures and roughly 50,000 extra job cuts, sources say Published Mon, Jul 6, 2026 · 10:45 PM [LONDON/BERLIN] Volkswagen CEO…
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Central Bank Trapped: Indonesia Battles Inflation With No Room to Cut Rates
Bank Indonesia (BI), the country’s central bank, is expected to hold its benchmark policy rate at 4.75% this week and keep it there through 2026, as the ongoing Iran war…
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JPMorgan strategists cut S&P 500 target on Iran war uncertainty
Published Sat, Mar 21, 2026 · 04:03 PM [NEW YORK] JPMorgan strategists cut their price target on the S&P 500 Index, saying the upside potential for risk assets is “more…
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Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged
Published Sat, Feb 21, 2026 · 10:41 AM [HOUSTON] The US Supreme Court’s Friday (Feb 20) decision to strike down trade tariffs imposed by President Donald Trump last year may…
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Thai hotel empire weighs US$1 billion Reit, unit IPO to cut debt
Minor International will sell 14 hotels in Europe and Thailand into the Reit, which will be listed in Singapore in H2 Published Fri, Feb 20, 2026 · 05:54 PM MINOR…
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Santos to cut 10% jobs as growth projects near end, annual profit misses estimates
Published Wed, Feb 18, 2026 · 11:33 AM [BENGALURU] Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday (Feb 18), hurt by weak commodity…
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CBS News considering new round of layoffs, could cut at least 15% of staff, Variety says
Published Fri, Feb 13, 2026 · 09:44 AM [WASHINGTON] CBS News is considering a new round of layoffs that could see cuts totaling at least 15 per cent of the…
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US stocks: Wall Street muted after strong jobs data nibbles at Fed rate cut bets
Published Thu, Feb 12, 2026 · 05:47 AM THE S&P 500 closed virtually unchanged on Wednesday as a stronger-than-expected employment report eased worries about the economy but also fuelled bets…
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World’s biggest nickel mine in Indonesia told to cut output
Its 2026 quota is 12 million tonnes of ore production, down from 42 million tonnes in 2025 Published Wed, Feb 11, 2026 · 09:13 PM [SINGAPORE] The world’s biggest nickel…
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Singapore Dentists to Gradually cut Back on Mercury Fillings, Not Phase Them Out Completely Despite WHO Call
Dentists in Singapore will progressively reduce the use of mercury-based tooth fillings, though the material will not be eliminated entirely, as it remains clinically suitable in certain situations. While tooth-coloured…
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Winklevosses’ Gemini to cut jobs, scale down in crypto retreat
The twins have donated millions of US dollars to causes supporting US President Donald Trump and the Republican party Published Fri, Feb 6, 2026 · 08:16 AM [LONDON] The crypto…
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Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Published Thu, Feb 5, 2026 · 08:07 AM [LOS ANGELES] Boeing is eliminating about…
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Indonesian miners halt spot coal exports over proposal to cut output
Published Wed, Feb 4, 2026 · 08:13 AM [NEW DELHI] Indonesian miners have halted spot coal exports after the government proposed deep production cuts, leaving Asian buyers unable to secure…
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ICAO Council president sanguine that aviation sector will cut carbon emissions by 5% by 2030
Toshiyuki Onuma notes that there are several possibilities to increase the production of sustainable aviation fuel [SINGAPORE] Toshiyuki Onuma, the newly elected president of the International Civil Aviation Organization (ICAO)…
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India’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
Published Thu, Jan 29, 2026 · 08:08 PM [MUMBAI] India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become…