Showing 51 - 60 of 889
LA fires reveal limits of California's utility fund
News, Published on 21/01/2025
» Financial losses from the devastating Los Angeles wildfires are mounting after the blazes incinerated entire neighbourhoods and destroyed thousands of homes. And now, investors are growing increasingly concerned that a US$21 billion (720 billion baht) state fund crafted to backstop utilities will fall far short of what's needed if companies are found liable.
Vietnam shipping giant sees revenue tripling in Trump tariff era
Bloomberg News, Published on 17/01/2025
» HANOI — Vietnam Maritime Corp, undaunted by potential tariffs from the incoming Trump administration that risk crimping the nation's trade, forecasts revenue to more than triple in the next decade, General Director Nguyen Canh Tinh said.
Weather to heighten Los Angeles fire risks
Published on 11/01/2025
» LOS ANGELES - The weather will once again turn against Los Angeles after a brief respite that allowed firefighters to gain ground on blazes across the second-largest US city — and offered enough pause for officials to begin trading accusations.
China's 'metal storm' weapon can fire millions of rounds per minute: project scientists
South China Morning Post, Published on 05/01/2025
» What could be the most powerful machine gun in human history is being developed by Chinese scientists and engineers.
Singapore oil mogul declared bankrupt after empire collapsed
Published on 29/12/2024
» Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.
Montenegro to extradite crypto entrepreneur Do Kwon to US
AFP, Published on 28/12/2024
» BELGRADE - Montenegro said Friday it will extradite to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.
Poor grades
Postbag, Published on 15/12/2024
» Re: "SET lacks catalysts until year-end", (Business, Dec 14).
No more bailouts
Oped, Postbag, Published on 14/12/2024
» Re: "Thailand's shrimp industry battered by disease, low prices", (Business, Dec 12).
Consultants pay $650m to settle US opioid case
Published on 13/12/2024
» BOSTON - The multinational consulting firm McKinsey & Co has agreed to pay $650 million to resolve a US criminal investigation into its work advising the opioid manufacturer Purdue Pharma on how to boost sales.
Airline meddling
Postbag, Published on 12/12/2024
» Re: "Ministry allots B20bn for Thai Airways stake", (Business, Dec 11).