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ConocoPhillips’ outlook weighed down by coronavirus, disruptions in Malaysia, Libya
By Shanti S Nair (Reuters) – ConocoPhillips issued a muted annual outlook on Tuesday, expecting a hit from weaker oil demand growth due to the coronavirus outbreak and disruptions at its operations in Malaysia and Libya. Shares of the company, which also reported lower-than-expected fourth-quarter profit, fell as much as 3.6% and were at the […]
Top French court deals blow to Uber by giving driver ’employee’ status
By Mathieu Rosemain and Dominique Vidalon PARIS (Reuters) – France’s top court has recognized the right of an Uber driver to be considered an employee, a ruling that could upend the U.S. firm’s business model and potentially require it to pay more taxes and benefits such as paid holidays. The decision by the Cour de […]
Watten Estate Condominium in Bukit Timah goes for $550.8m in biggest residential en bloc sale this year
SINGAPORE – A joint venture between UOL Group and Singapore Land Group (SingLand) has won the tender for Watten Estate Condominium in Bukit Timah with a $550.8 million bid. If successfully completed, it will be Singapore’s biggest residential collective sale by quantum to date this year. The property’s $550.8 million price tag is about 10 […]