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Boeing reports US$5.4b loss on large hit from 777X aircraft delays
Boeing has pushed back commercial deliveries on the 777X to 2027 from the prior 2026 timeframe [NEW YORK] Boeing reported a US$5.4-billion third-quarter loss on Wednesday (Oct 29) as massive…
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China’s C919 Jet Hit by US Export Curbs as Trade Tensions Delay Deliveries
China’s plan to compete with Boeing and Airbus with its homegrown C919 passenger jet is facing delays as US export restrictions threaten to slow deliveries. The jet, built by state-owned…
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HSBC is bullish on 2025 despite hit from Madoff provision
[LONDON] HSBC Holdings raised its profitability outlook for 2025 even as earnings slid following an unexpected US$1.1 billion provision tied to Bernard Madoff’s giant fraud case more than a decade…
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iFast soars 8.2% to all-time high on robust Q3 earnings; set to hit record net inflows for 2025
Counter hits S$9.99 in early trading before shedding some gains to trade over 6% up in late morning [SINGAPORE] Shares of digital wealth management platform iFast soared nearly 8.2 per…
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MAGA-Linked Lobbying Firms Hit Record Profits Under Trump 2.0
KEY POINTS Despite campaign promises to ‘drain the swamp,’ lobbying expenditures have hit record highs under Trump 2.0.. Ballard Partners, once a small Florida firm, quadrupled its revenue in 2025.…
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Isak-less Liverpool Look To Hit Stride, Man City ‘Back’ To Their Best
Liverpool must halt their three-game Premier League losing streak with Saturday’s visit to Brentford to remain in touch with Arsenal and in-form Manchester City. City’s nine-game unbeaten run will be…
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Wall Street bonuses expected to hit record as bank profits surge
[NEW YORK] The Wall Street bonus pool is expected to break records this year if current trends continue, as big banks reap profits from soaring stocks and a return to…
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US Family Health Insurance Premiums Hit Record $27,000 in 2025
The average annual premium for employer-sponsored family health coverage in the United States has soared to $26,993 in 2025, according to the Kaiser Family Foundation (KFF). The 6% jump from…
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STI could reach 10,000 by 2040; Singdollar could also hit parity with greenback: DBS report
[SINGAPORE] The Straits Times Index (STI) could rise to nearly 10,000 points by 2040 if historical return patterns hold, DBS’ Singapore 2040 report indicated. The Singapore dollar could also reach…
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PSG Hit Seven, Barcelona, Arsenal Run Riot As Champions League Rains Goals
Paris Saint-Germain scored seven and both Barcelona and PSV Eindhoven hit six in big victories while Arsenal crushed Atletico Madrid 4-0 on a prolific night of Champions League action on…
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Global companies hit by more than US$35 billion in US tariffs, but outlook stabilising
GLOBAL companies have flagged more than US$35 billion in costs from US tariffs heading into third-quarter earnings, but many are lowering their initial forecasts as new trade deals reduce exposure…
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Coinbase, Fortnite among services hit by global outage of Amazon’s cloud unit
AMAZON’S cloud services unit AWS was hit by an outage on Monday (Oct 20), causing connectivity issues for many companies around the world and disrupting services for several popular websites…
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Amazon Web Services has fixed global outage that hit multiple websites, apps
Crypto exchange Coinbase, as well as games Fortnite and Roblox, were among those affected AMAZON Web Services (AWS), the world’s largest cloud provider, said its service had recovered after a…
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Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY empty, five-story building close to…
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Elon Musk Hit by Tesla Shareholder Backlash Over $1 Trillion Package
Elon Musk is facing mounting backlash as proxy advisers and major investors urge Tesla shareholders to reject his proposed $1 trillion (£744 billion) compensation plan, warning the package threatens corporate…
