Boeing asks FAA to let it resume test flights of 787 Dreamliners
Plane maker Boeing Co has reportedly requested the Federal Aviation Administration (FAA) to let it resume test flights of the 787 Dreamliners.
Singapore is 6th most expensive city
Singapore jumped three places up from last year to become the sixth most expensive city in the world, Economist Intelligence Unit's latest report said.
In Asia, Singapore continues to be the third most expensive city, after Tokyo and Osaka cities of Japan. Tokyo has topped the list fourteen times in the last twenty years.
Euro hits 14-month high on hints of improvement in economic conditions
The Euro hit its highest level in 14 months on Friday as economists are seeing hints of improvement in the eurozone's underlying economic conditions.
The region's single currency hit a high of $1.3634 per dollar, building on gains of more than 3 per cent in the month of January.
Expect steep drop in solar thermal costs, expert says
The cost of generating solar thermal electricity can be halved by the year of 2020, the new chief of Australian Solar Thermal Research Initiative (ASTRI) said.
Qantas announces key changes to its Asian flights ahead of Emirates partnership
Australian airline Qantas on Monday announced numerous key changes to its Asian flights plans to broaden its reach in the world's biggest continent as it is preparing for its new partnership with Middle Eastern airline Emirates.
Pinewood Studios resurrects its expansion plan
Pinewood Studios, the studios where popular movies like Skyfall and Pirates of the Caribbean were produced, have submitted a new £200 million expansion plan with South Bucks District Council.
The studios said the expansion would provide it with an additional 100,000 square meters of new facilities, which would include workshops, stages and streetscapes.
Eurozone’s manufacturing sector enjoys slight improvement in January
The eurozone's manufacturing sector has showed a slight improvement in January, showing signs that the worst may be over, according to the latest Markit Purchasing Managers' Index.
The Markit Purchasing Managers' Index for manufacturing across the eurozone jumped from 46.1 in December to 47.9 in January.
Barclays CEO to give up his £1m bonus for 2012
Barclays CEO Antony P. Jenkins declared on Friday that he would give up his bonus for 2012 as the scandal-hit bank British bank struggled to rebuild its reputation.
Mr. Jenkins, who became the chief executive officer of the bank in August last year, said it would be wrong for him to get a bonus for 2012, which was devastating for the reputation of the group.
HIV levels in gay men fail to decline
According to the recent report of the Health Protection Agency, among gay men who have sex, there is a risk of HIV. The report stated that this risk is at an all-time high. Every year the number of cases being reported is higher than before.
Changi Airport handles more than 50 million passengers
Singapore Changi Airport underscored its position as a regional aviation hub by announcing that it handled more than 50 million passengers in 2012.
Changi Airport spokesman announced on Thursday that the airport handled 51.2 million passengers in 2012, thanks to strong traffic from all key regions and rising transit flows.
Govt. can cater to bigger population while raising quality of life: Khaw Boon Wan
Singapore's National Development Minister Khaw Boon Wan has claimed that the government can cater to a bigger population of 6.9 million while also raising their quality of life.
Singapore to continue welcoming three groups of foreign workers
The Government of Singapore recently declared in its Population White Paper that it would keep the door open for three groups of foreign workers.
The government will continue welcoming healthcare and eldercare workers from foreign countries as Singapore will have one in five people older than 65 by the year of 2030.
Hospitals fail to learn from past mistakes
According to a report, it seems that hospitals are not learning from their mistakes and are repeating things that they should not. This is evident because members of the staff are risking a repeat of the Mid Staffordshire Trust scandal and this is so then problems can arise.
Facebook’s Q4 revenue increased 40%; daily mobile users surpassed daily Web users
Reporting Facebook's 2102 fourth-quarter earnings during a recent conference call with financial analysts, the social network's CEO Mark Zuckerberg said that the mentioned quarter witnessed a 40 percent year-on-year increase in the company's revenue; with the number of daily mobile users surpassing daily Web-user numbers for the first time ever.
RIM unveils BlackBerry Z10 handset at BB10 launch event
Under the headship of CEO Thorsten Heins, Research In Motion (RIM)'s BlackBerry platform has apparently started moving in the right direction; as was evident from the Wednesday launch of the company's BlackBerry 10 OS version as well as supporting handsets, including the new BlackBerry Z10.
Google Maps uploads a detailed map of North Korea
On Tuesday, Google Maps uploaded a detailed map of the world's most secretive countries, North Korea; giving a captivating peek into the country's train networks, gulag labour camps, hotels, and hospitals.
Struggling RIM banking heavily on new BB10 platform
Canada-based BlackBerry-maker Research In Motion (RIM), which has been struggling in the smartphone arena over the last one year or so, is banking heavily on the Wednesday launch of its new BlackBerry 10 (BB10) platform for a reversal of fortunes in the mobile-device arena.
Gap between treasury rate and S&P 500 div yield shrinks to smallest in 4 months
The difference between U. S. treasury rate and the Standard & Poor's 500 Index dividend yield on Monday narrowed to the smallest amount in the last four months.
The benchmark ten-year Treasury rate was just 17 basis points (bps) below the S&P 500 dividend yield. It was the smallest gap between the two since September 14.
Yahoo posts 2% rise in Q4 revenue; shares jump
Yahoo Inc. has reported a drop of 8 per cent in profit and a rise of 2 per cent in revenue for its fourth quarter, showing that the struggling internet firm's business is holding steady rather than deteriorating.
No remarkable concern about Boeing stock yet
The woes of Boeing Co.'s Dreamliner 787 aircrafts are straining investor sentiment, but there is no remarkable concern about the stock yet.
Gary Flam, a partner at Bel Air Investment Advisors, whose holdings include Boeing, said that he had actually been surprised to see how well the stock had acted given the news about problems in the Dreamliner 787s.