The ‘bulk’ of job cuts are over for us, Keppel CEO says

It might take time for the offshore marine sector to regain its footing, but the worst of the downturn could be over for the largest offshore rig builder in the world. “We are watching carefully … As far as we are concerned, the bulk of it is done,”...

Mark Zuckerberg’s got some cheek, advocating a universal basic income | Sonia Sodha

Some people might be happy to stop at being founder and chief of one of the world’s biggest tech companies while still in their early 30s. Not Mark Zuckerberg. Facebook’s CEO has spent the last couple of years casting himself in various guises. First,...

China’s Wanda steps back from theme park, hotel drive with $9.3 billion Sunac deal

Dalian Wanda Group said it would sell Chinese tourism projects and hotels to Sunac China for $9.3 billion, marking a step back for the property giant from its theme park ambitions. The sale — the second-biggest real estate deal ever in China according to Reuters...