Monday, 27 May 2024

Business

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Google plans to expand office space in New York City: WSJ

(Reuters) – Alphabet Inc’s (GOOGL.O) Google is nearing a deal to buy or lease an office building in New York City that could add space for more than 12,000 new workers, The Wall Street Journal reported on Wednesday, citing sources. Google’s deal to buy or lease 1.3 million-square-foot office building at St. John’s Terminal could […]

Midterm Elections Deliver a Ratings Surge, With Fox News in the Lead

In a big night for television news, 36.1 million people watched the Tuesday evening coverage of the midterm elections, according to Nielsen. The spike in viewers — the largest for a midterm in many years — came on a day when turnout soared in both Democratic- and Republican-leaning parts of the country. The broadcast networks […]

Senior home care and water garden business win for integrity at annual BBB event

For the two winners of this year’s Business Integrity Awards, integrity means establishing trust with clients and treating them like family. The Bloomin Bog in Ilderton, and Home Instead Senior Care based in London, took home the top prizes from the Better Business Bureau’s event Wednesday morning. “[I’m] still in shock, still shaking,” said Isa […]

Apple not in settlement talks 'at any level' with Qualcomm: source

(Reuters) – Apple Inc (AAPL.O) is not in talks “at any level” to settle its wide-ranging legal dispute with mobile chip maker Qualcomm Inc (QCOM.O), according to a source familiar with the matter. In the past, Apple used Qualcomm’s modem chips in its flagship iPhone models to help them connect to wireless data networks. But […]

U.S. futures extend gains as investors take split Congress in stride

(Reuters) – U.S. stock futures pointed to strong opening gains for Wall Street on Wednesday after the midterm elections handed Democrats the House of Representatives and saw Republicans reinforce their control of the Senate in a widely expected outcome. After an initial muted market reaction globally, futures for the three major Wall Street indexes powered […]

U.S. Democrat election gains fuel stocks surge, hits dollar, Treasury yields

LONDON (Reuters) – Wall Street looked set for a surge on Wednesday and global stocks rose after sharp U.S. election gains for the opposition Democrats, but the outcome, which casts doubt on further tax cuts, hit the dollar and sent Treasury yields lower. The Democrats looked headed for a gain of more than 30 seats, […]

Indian government set to turn up heat on central bank governor: sources

NEW DELHI/MUMBAI (Reuters) – The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over surplus reserves even if it risks provoking a resignation by the bank’s governor, three sources familiar with the government’s thinking told Reuters. While there appeared to be a partial truce last […]

S'pore well placed to be e-commerce hub for region

Goods imported into Singapore take slightly over 30 hours to clear the border compliance process. This might sound like a long time, but it is almost a third of the time that goods imported into Indonesia might take. Indeed, Singapore is the quickest when it comes to export and import times, compared with neighbours such […]

After a Bumpy 2016, TV Anchors Play It Safe on Midterm Night

Get live election analysis and real-time results. Election Night on television is all about the projections. But the slogan of Tuesday night’s midterm coverage might as well be “let’s not get ahead of ourselves.” Scarred by the quick-change twists of President Trump’s victory in 2016, when anchors and pundits looked as stunned by the outcome […]

Visions of a Tech Hub? Landing Amazon Is Just a Start

When Amazon announced plans to build a second headquarters somewhere in North America, it set off a competition for a sort of new-economy golden ticket, a chance for one city to become, almost overnight, a magnet for the high-paying jobs and entrepreneurial spark that are hallmarks of urban success in the 21st century. Critics were […]