On Thursday, preliminary data shows, in 2019 Singapore’s economy grew at its slowest pace in a decade; its manufacturing sector also saw a contraction. Fourth quarter data however is expected to show a modest recovery. The U.S.-China trade war has… Read More ›
Entrepreneurship
Drugmakers modestly hike U.S. drug prices
Drugmakers, including Gilead Sciences Inc, Bristol-Myers Squibb Co, and Biogen Inc have hiked their U.S. list prices on more than 50 drugs, according to data analyzed by 3 Axis Advisors, a healthcare research firm. On Tuesday, there were media reports… Read More ›
Mustang Mach-E First Edition electric SUV fully booked: Ford Motor Co
In a statement, the second biggest U.S. carmaker Ford Motor Co stated, reservations were full for its high-end Mustang Mach-E First Edition electric sport utility vehicle. The automaker had unveiled its electric Mustang crossover on November 17, and had begun… Read More ›
Turkish Airlines and Boeing hammer out compensation deal
On Tuesday, in a statement the Turkish Airlines and Boeing stated, they have come to an agreement on the compensation that will be paid to the former as a result of losses incurred by it due to the grounding and… Read More ›
Lockheed Martin meets 2019 delivery target
Lockheed Martin Corp stated, it has reached its 2019 target of delivering 131 F-35 fighter jets to the United States and its allies, marking an increase of 47% as compared to the last year. Lockheed Martin Corp, the world’s largest… Read More ›
US Airline Employees Demand More As Industry Set For A 10th Year Of Profits
There is a rising demand among airline employees in the United States – ranging from pilots to catering workers, for higher wages and better benefits, as the entire industry in the country is set to record the tenth consecutive year… Read More ›
Ukraine to purchase second consignment of U.S. Javelin anti-tank missile system
Ukraine’s Defense Ministry disclosed, Kyiv will be purchasing a second consignment of U.S. Javelin anti-tank missiles and launch units. Following Russia’s annexation of Crimea in 2014, the United States has emerged as one of Kiev’s strongest supporters. An outbreak of… Read More ›
Indonesia awards development and operatorship rights of Komodo airport to a foreign consortium
In a statement, Indonesia’s transportation minister stated, in 2020, Jakarta will offer more airport management projects to foreign investors. On Thursday, for the first time, Indonesia entered into a 25 years agreement with PT Cardig Aero Services and Singapore’s Changi… Read More ›
China to sink $7.14 billion to boost hog production
In a statement, China’s agriculture ministry said, large pig farms are queuing up along with smaller, family-based farms to tap a state-initiated investment of $7.14 billion (nearly 50 billion yuan) to boost hog productions in the country. So far, fifteen… Read More ›
Strongly opposes 2020 U.S. defense draft policy: China
On Thursday, in a statement China’s commerce ministry said, Beijing resolutely opposes the 2020 U.S. defense draft against Chinese firms and urges Washington to go beyond political leanings and create favorable conditions for Chinese companies. China is closely monitoring the… Read More ›