Qatar’s outlook cut by Moody’s amid Saudi-led blockade even as Gulf country ramps up gas output

Even as Qataraimed to ramp up its lucrative LNG exports in the midst of a tense diplomatic crisis, ratings agency Moody’s has cuts the outlook on the country’s sovereign credit to negative from stable. The ratings agency said the change was due to the...

Ascott acquires majority stake in Quest apartment hotels for a$180 million to become largest serviced residence provider in Australasia

CapitaLand’s wholly owned serviced residence business, The Ascott Limited (Ascott), is acquiring an additional 60% stake in Quest Apartment Hotels (Quest) for A$180 million (S$191 million). This will increase Ascott’s stake in Quest from its current 20% to...

Using sex robots to prevent rape, pedophilia a ‘dangerous path to tread’, experts say

Sex robots will be unlikely to prevent sex crimes like rape and pedophilia and could actually “reinforce illicit sexual practices”, a new report by robotics experts suggests. The paper, called “Our Sexual Future With Robots” by the non-profit...