July 5 (Reuters) - Cosco Shipping International (Singapore) Co Ltd:
* APPOINTMENT OF CHAIRMAN AND PRESIDENT GU JING SONG Further company coverage:
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Chip buyers, including the German car industry, need the older generation computer chips that Chinese chipmakers are currently investing in, the CEO of equipment maker ASML said in an interview with Germany's Handelsblatt newspaper published on Monday. The remarks by Christophe Fouquet, who took over as CEO at Europe's largest tech firm in April, come as the European Commission has begun surveying firms including ASML for their views on Chinese firms' investments in so-called "legacy" chips, an important source of revenue for ASML. "The automotive industry in particular, including the German one, needs a lot more chips that are manufactured using simpler, long-known technologies," Fouquet told the paper.
Apple unfairly sacked an employee at its London headquarters who took secret photos of a female colleague and shared them with other staff, a judge has ruled.
There’s no one-size-fits-all plan for retirement.
WILMINGTON, Delaware (Reuters) -Legal teams for Tesla and a shareholder clashed in court on Monday over the value of a lawsuit that successfully challenged CEO Elon Musk’s enormous pay package and a request for the company to pay a record legal fee worth $7 billion. For more than three hours, two experts offered opposing testimony about the benefit created for Tesla by a Delaware judge's January ruling that rescinded Musk’s $56-billion pay package. The legal fee is being pursued by Richard Tornetta, who owned nine shares of Tesla when he sued over Musk's pay package in 2018.
As people get closer to their 60s, they often think about transitioning into retirement -- and doing so comes with an adjustment to the budget. While every individual has different spending habits...
Alibaba Group Holding's cloud computing unit on Monday launched a new advertising campaign in China featuring top executives from start-up Moonshot AI and online recruitment platform Zhilian Zhaopin, amid fierce competition in the local market. The ads - currently displayed at airports in Beijing and Hangzhou, capital of eastern Zhejiang province - promoted the market leader's capability of supporting artificial intelligence (AI) development at well-known Chinese companies with the slogan, "Alib
China's electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion."BYD will open a plant in Turkey," the source said, adding the details would be announced by President Recep Tayyip Erdogan.
Working in retirement is often a completely different experience than "having to work" during a traditional work career. For many seniors, working in retirement is enjoyable and has huge mental and...
China's rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country's salary rankings for the second quarter of 2024, as Beijing's push for self-sufficiency in tech and the rush to capitalise on the industry's global popularity are helping firms in the field outpace the banks, funds and brokerages that have tended to offer the highest-paying jobs. Propelled by an explosion of demand as businesses race to develop and trial AI applications, jobs in this sector
America’s services sector is losing steam at a time when it’s highly unclear whether the broader job market will hold steady or result in unexpectedly higher unemployment.
In the pursuit of reliable dividend stocks on the Singapore Exchange, investors often encounter a mix of opportunities. However, it's crucial to scrutinize whether high dividend yields are supported by sustainable financial practices. For instance, companies like Olam Group with excessively high payout ratios might pose risks, suggesting potential overextension rather than financial robustness. This article will compare two such companies to help investors make informed choices.
Defining the middle class is tricky. According to the Pew Research Center, you could be considered "middle class" if your household income is two-thirds to double the national median income -- so...
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
India will import coking coal from Mongolia on a trial basis from later this month, two sources familiar with the matter said, as New Delhi seeks to diversify imports of the key steelmaking raw material to cut over-reliance on Australia. Steelmakers including JSW Steel and the state-owned Steel Authority of India (SAIL) are poised to receive coking coal shipments from Mongolia after months of negotiations, said the sources, who did not wish to be named in line with official rules.
The NHTSA recently announced recalls for 57,741 vehicles. This includes Ford, Toyota and General Motors vehicles.
“Most people work just hard enough not to get fired and get paid just enough money not to quit.” – George Carlin In today’s modern world, a job is complicated... The post I Don’t Want to Advance in My Career—is That Bad? appeared first on MoneySmart Blog.
As a lawyer, the law is no doubt the crux of the job, however, as with everything in modern society, it falls within a system – a system that was not a part of our education syllabus, writes Arif Imran. The post Budding lawyer’s insights after entering legal profession an eye-opener appeared first on Twentytwo13.
Last week, Toyota Motor (NYSE: TM) revelaed its second quarter deliveries, joining Tesla Inc (NASDAQ: TSLA), General Motors (NYSE: GM) and Ford Motor (NYSE: F). In a nutshell, Toyota has something to brag about as its EV sales quadrupled in the second quarter. Second Quarter Sales In the U.S. Toyota sold 621,549 vehicles, which is a rise of 9.2 % YoY and it owes it to EVs. In the second quarter, Toyota sold almost 250,000 hybrid and electric models, which represents an even more impressive YoY r
The big trouble with couples retiring at different times? The impact on long-term financial security.
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