For the second time in a generation, the President and Congress are creating an artificial economy under the guise of ‘saving the economy.’ Through bailouts for the executives of corporations and institutions whose coffers have been emptied for their own…
Honeywell And Pipistrel Collaborate On Aircraft Technologies For Urban Air Mobility Honeywell and Pipistrel combine aerospace expertise to address the technical, regulatory and business challenges of the emerging on-demand mobility market. Honeywell (NYSE: HON) and Pipistrel have signed a memorandum of understanding that…
Goldman Sachs and Morgan Stanley asked some counterparties to cancel or amend trades in Jardine Matheson Holdings Ltd, after a $US41 billion ($SG58 billion) flash crash on Thursday saw shares change hands far below the market level, according to people…
Some would call it ironic, others hypocritical but whatever your level of cynicism, here are the facts: as its top global risks for 2018 and 2019 in terms of likelihood, this year’s billionaire boondoggle at the World Economic Forum in…
The world’s 26 richest people own the same wealth as the poorest half of humanity, according to Oxfam International, as it urged governments to rise taxes on the wealthy to fight soaring inequality. Billionaires around the world, who have…
Global foreign direct investment (FDI) fell 19% last year to an estimated $1.2 trillion, largely due to by US President Donald Trump’s tax reforms, the United Nations trade and development agency UNCTAD said today. FDI comprises cross-border mergers and acquisitions (M&A),…
Sikkim – Indian State With 600,000 People To Conduct World’s Largest Experiment In Universal Basic Income A tiny Himalayan state bordering China is about to embark on the world’s largest experiment in universal basic income. All 610,577 citizens living in…
State-run Chinese energy giant Sinopec has offered Iran a $3-billion deal on further development of an Iranian oilfield the two countries are already working on, the Wall Street Journal has reported. The offer made by the China Petroleum & Chemical Corp (Sinopec) is…
The housing market outlook over the next 3 months is the worst for 20 years, surveyors say. A net balance of 28% of Royal Institution of Chartered Surveyors (RICS) members expect sales to fall in the next 3 months. It’s…
SUVs may rule the sales reports, but cars ain’t dead by a long shot. The first day at the 2019 North American International Auto Show in Detroit saw a dozen new vehicles, ranging from the revival of a beloved sport…
