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Bangladesh's Summit Group plans Singapore listing for power unit by April - Chairman
* Looks to invest billions over next five years. * Building floating LNG regasification unit in Bangladesh. * Looks to expand in Asia including Sri Lanka. By Jessica Jaganathan.
RPT-Bangladesh's Summit Group plans Singapore listing for power unit by April - Chairman
SINGAPORE, Feb 23 (Reuters) - Electricity producer Summit
Power International plans to list on the Singapore Stock
Exchange (SGX) by April, what is likely the first company from
Bangladesh to offer shares in the city-state, as it seeks to
raise funds to invest in assets across Asia.
Barclays investment bank division pays women half as much as men
In a vivid illustration of the gender pay gap in the banking industry, the company says women on average are paid 48% as much as men.
Singapore-flagged tanker attacked off Somalia but escapes
An international anti-piracy force says a Singapore-flagged chemical tanker has exchanged fire with attackers off the coast of Somalia before escaping unharmed.
BRIEF-Arjuna Capital Says JPMorgan Agrees To Close Gender Pay Gapââ
Arjuna Capital : * ARJUNA CAPITAL SAYS JPMORGAN CHASE AGREES TO CLOSE GENDER PAY GAPââ Source text for Eikon: Further company coverage:
Ford reshuffles executives after abrupt departure of U.S. chief
Ford Motor Co(F) on Thursday named company insider Kumar Galhotra as head of its North American operations, filling the gap left by the abrupt departure of Raj Nair after an internal investigation uncovered "inappropriate behavior" by the executive.
Ford names veteran Galhotra as North America chief
Ford Motor Co(F) has appointed company insider Kumar Galhotra as president for its North America business, filling the gap left by the abrupt departure of Raj Nair on Wednesday after an internal investigation. Galhotra, who has worked for Ford for 29 years and previously led its luxury Lincoln Motor Company arm, will report to Jim Farley, Ford executive vice president and president of Global Markets.
UPDATE 2-Ford reshuffles executives after abrupt departure of U.S. chief
Feb 22 (Reuters) - Ford Motor Co on Thursday named
company insider Kumar Galhotra as head of its North American
operations, filling the gap left by the abrupt departure of Raj
Nair after an internal investigation uncovered "inappropriate
behavior" by the executive.
Gender pay gap: Men still earn more than women at most firms
New figures show almost three in four small UK companies pay men more than their female workers.
Gap and Walmart slump while NXP and Rite Aid rise
Gap and Walmart tumble while NXP Semiconductors and Rite Aid advance
Gap shares slide more than 3% as KeyBanc downgrades to sector weight
Shares of Gap Inc. slide more than 3% Tuesday, after the company said its Gap brand Chief Executive Jeff Kirwan is leaving, prompting KeyBanc analysts to downgrade the stock to sector weight from overweight. "A change to Gap banner underscores structural weakness at the brand," analysts led by Edward Yruma wrote in a note. Kirwan was in the CEO role since December of 2014, "and we do have some concerns that issues (product, brand perception, store fleet) with Gap banner may be difficult to fix," said the note. Gap said it will start searching for a replacement and installed Brent Hyder, current Gap Inc. executive vice president, global talent and sustainability, as interim brand head. "While we remain confident in Old Navy's ability to post solid results against difficult comparisons, we have less confidence in an operational turn at Gap banner in the short to medium term," wrote Yruma. Gap shares have fallen 5.9% in 2018 to date, but have gained 31% in the last 12 months, while the S&P 500 has gained 16%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Gap shares slide 2.3% premarket on news Gap brand president Jeff Kirwan is leaving
Gap Inc. shares slid 2.3% in premarket trade Tuesday, after the company said Gap brand President Jeff Kirwan is leaving the company. A search for a replacement is under way. Brent Hyder, current Gap Inc. executive vice president, global talent and sustainability, will act as interim brand head. Hyder has served as chief operating officer at Gap brand, prior to taking on his current role. Gap shares have gained 36% in the last 12 months, while the S&P 500 has gained 16%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Singapore competition agency to look closer at Uber tie-up with ComfortDelGro
Singapore's competition commission said on Monday it plans to do further in-depth assessment of the tie-up between the city-state's top taxi operator, ComfortDelGro, and Uber, after an initial review. The agency said it had requested further information from both parties to be submitted by March 5, after which it will assess whether their tie-up infringes Singapore's competition laws.
BRIEF-Adler Real Estate Signed An Agreement To Purchase 41.04 Percent Stake In Brack Capital Properties
* DGAP-ADHOC: ADLER REAL ESTATE AG: AGREEMENT SIGNED TO
41.04% STAKE IN BRACK CAPITAL PROPERTIES N.V. AND PUBLIC TENDER
WORLD NEWS SCHEDULE AT 0600 GMT/1 AM ET
Editor: Clarence Fernandez + 65 6870 3861. Picture Desk: Singapore + 65 6870 3775. Graphics queries: + 65 6870 3595. TOP STORIES. Telltale internet message may have foreshadowed Florida school massacre.
Hong Kong Express expects six-month delay in Airbus A320neo delivery: source
SINGAPORE (Reuters) - Hong Kong Express expects at least a six-month delay in deliveries of new Airbus SE A320neo jets due to issues with engines made by Pratt & Whitney, a source with knowledge of the situation said on Thursday.
BRIEF-Aimia Reports Q4 Loss Per Share From Continuing Operations $0.43
Aimia Inc(GAPFF): * AIMIA REPORTS FOURTH QUARTER 2017 RESULTS. * QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $0.43. * âCOMPANY BELIEVES THAT IT WILL NOT BE IN A POSITION TO DECLARE OR PAY DIVIDENDS IN 2018.
Some US states have banned employers from asking about previous pay, to tackle the gender gap
UK trade deficit widens in December
The gap between exports and imports rises, while the closure of a key oil pipeline hits industrial output.
How soaring U.S. oil exports to China are transforming the global oil game
SINGAPORE (Reuters) - Bit by bit, the U.S. petroleum industry is turning world oil markets inside out.
Facebook co-founder Saverin's VC firm raises $360 mln fund
Facebook Inc(FB) co-founder Eduardo Saverin's venture capital firm, B Capital Group, said it has raised $360 million for its fund as it seeks to invest in technology start-ups. B Capital, which is backed by The Boston Consulting Group, invests in sectors such as healthcare, financial services and insurance. The firm has offices in Los Angeles, San Francisco, New York and Singapore.
AIRSHOW-U.S., Israeli drone makers keep wary eye on rising Chinese
* Cheaper Chinese military drones on display at Singapore Airshow. * African and Central Asian countries are buying Chinese drones. * U.S. and Israeli firms say their experience trumps price. By Brenda Goh and Gerry Doyle.
RPT-AIRSHOW-U.S., Israeli drone makers keep wary eye on rising Chinese
* Cheaper Chinese military drones on display at Singapore
What is the point of an air show?
Whether it's Paris or Farnborough, Dubai or Singapore, air shows have a real fanbase. But why?
AIRSHOW-Singapore "seriously evaluating" future F-35 jet purchase -Lockheed exec
SINGAPORE, Feb 8 (Reuters) - The Singapore government is
"seriously evaluating" a future purchase of F-35 jets, the head
of Lockheed Martin Corp's international business said
Texas flood: U.S. oil exports pour into markets worldwide
NEW YORK/LONDON/SINGAPORE (Reuters) - In the two years since Washington lifted a 40-year ban on oil exports, tankers filled with U.S. crude have landed in more than 30 countries, ranging from massive economies like China and India to tiny Togo.
As CBI books Nirav Modi, big fishes feel heat as PSBs begin cleansing act
One cannot rule out disclosure of more such cases of fraud to relevant authorities in the coming months as banks have been asked by the finance ministry to proactively plug in the gaps earnestly
CORRECTED-AIRSHOW-Boeing says key issues remain in Embraer tie-up talks
SINGAPORE, Feb 7 (Reuters) - Boeing said on Wednesday
key issues remain in talks to forge a partnership with Brazil's
Embraer and stressed the price must make sense for
Oil rises on report of lower U.S. crude inventories, stock market recovery
SINGAPORE (Reuters) - Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude.
RPT-AIRSHOW-Planemakers look at higher output to meet demand
SINGAPORE, Feb 6 (Reuters) - The world's largest planemakers
signalled a possible increase in output of their most popular
passenger jets on Tuesday, highlighting their confidence about
growth in demand for air travel.
GasLog Partners LPGLOP
Genco Shipping & Trading Limited Warrants ExpiringGNK
Generac Holdlings Inc.GNRC
General American InvestorsGAM