Showing 1 - 8 of 8
Billionaire financier Bessent confirmed as Trump's treasury chief
AFP, Published on 28/01/2025
» WASHINGTON - Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters.
Fed signals send shares on a bumpy ride
Business, Nuntawun Polkuamdee and Pornkamon Teerapiboonkun, Published on 29/01/2022
» Recap: Global markets were mixed yesterday after being whipsawed throughout the week as investors reacted to Federal Reserve signals pointing to aggressive monetary tightening, while US GDP data showed surprisingly strong growth in the fourth quarter despite the spread of Omicron.
Major Australian energy firm Woodside announces Myanmar pullout
AFP, Published on 27/01/2022
» SYDNEY: Australian energy firm Woodside announced its withdrawal from junta-run Myanmar on Thursday, the latest company to head for the exit following a military coup last year.
The Challenging Road Ahead for Rivian's Billionaire CEO
Business, Ben Foldy, Published on 13/12/2021
» RJ Scaringe grew up studying the auto industry, peering under parked cars as a teenager and stashing spare parts around his bedroom. Now, at 38, he wants to disrupt it.
US, Japan plan 5G push with eye on China in Biden's first summit
AFP, Published on 16/04/2021
» WASHINGTON: President Joe Biden on Friday receives Japan's prime minister for his first in-person summit, with the leaders expected to announce a $2 billion 5G initiative as part of a concerted US push to compete with China.
India will not join RCEP trade deal in blow to sprawling Asian pact
AFP, Published on 05/11/2019
» India said Monday it would not join a sprawling Asian trade pact, dealing a blow to the China-backed deal at the end of a Bangkok summit held against a backdrop of global growth fears.
Amazon ditches New York as location for new headquarters
AP, Published on 15/02/2019
» NEW YORK: Amazon abruptly dropped plans on Thursday for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly US$3 billion in incentives promised to what is already one of the world's richest, most powerful companies.
Renault likely to pull out of Iran due to sanctions
Business, Ania Nussbaum, Published on 28/07/2018
» Renault SA is shaping up to be the latest French company to fall victim to Donald Trump's renewed sanctions on Iran -- even if it doesn't sell cars in the US.