Uber, Lyft rebuffed in bids to deem drivers independent contractors
Similarly, Mr Chhabria acknowledged the difficulty of parsing the status of Lyfts drivers, who share common characteristics with both full-time employees and contractors. The jury in this case will be handed a square peg and asked to choose between.
CapitaLands Q4 profit surges to S$409.4m
This was due to improved operating Patmi, higher revaluation gains from investment properties and lower portfolio losses, partially offset by higher impairments. Revenue rose 67.2 per cent year on year to S$1.52 billion on the back of recognition from.
Cortina Watch pushes ahead with expansion plans
Meanwhile, the Paragon store, which carries brands like Vacheron Constantin, Omega, Longines and Jaeger LeCoultre, will grow from 2,000 sq ft to 2,800 sq ft, Mr Lim said, adding that Cortina may also refurbish its multi-brand outlet at Raffles City.
Credit Suisse to replace CEO Dougan with Prudentials Thiam: FT
Although the Swiss banks board backed the American chief executive over the deal, under which Credit Suisse pleaded guilty to criminal charges but held onto its New York licence and its legally protected client data, he came under pressure from. Mr.
Kid : Singapore Listed Companies News (15/4/2015)
Summary.. Quick one. 9:38 PM SGX clarifies stock trading link rumour, in response to MAS query 8:19 PM SMRT may invest in telco licence bidder OMGTEL 7:57 PM CapitaMalls Malaysia Trusts Q1 DPU do.
Update: StanChart appoints ex-JPMorgan exec Winters as CEO to replace Sands
[LONDON] Asia-focused bank Standard Chartered has appointed former JPMorgan investment bank head Bill Winters as chief executive to replace embattled boss Peter Sands. Peter Sands will stand down from the Board and as Group Chief Executive in .
Frasers Centrepoint unit sells stake in Beijing property firm
The divestment is in line with the strategy of the group of streamlining and divesting its non-core business to focus on the main activities of the group, said Frasers Centrepoint on Wednesday. The consideration was arrived at on a willing-buyer.
Hot Stock: SMRT gains nearly 6% in early session
SMRT Corp gains 8.5 Singapore cents or nearly 6 per cent to S$1.57 in the early session. The firm announced last Friday an impressive set of results for second quarter ended September - net profit jumped 76 per cent to S$25.3 million on the back of a 6.
Yongnam Holdings reports S$8.5 million net loss for FY2014
CONSTRUCTION firm Yongnam Holdings reported a net loss of S$8.5 million for the year ended Dec 31, 2014, compared with a net profit of S$5.5 million a year ago. Group revenue for the full year fell 41.4 per cent to S$212.1 million from S$361.6 million.
Credit Suisse appointed as joint financial adviser of Keppel Corp (Amended)
Credit Suisse (Singapore) Limited has been appointed as the joint financial adviser of Keppel Corporation (KepCorp) and Keppel Land (KepLand), in connection with the voluntary unconditional cash offer for all the issued ordinary shares in the capital.
Ezra unit wins A$130m subsea construction contract
I am extremely encouraged by the level of interest the Lewek Constellation has generated from the industry and we expect that it will continue to drive the subsea business forward with our work schedule extending well into 2016 and beyond, he said.
Stocks of developers face greater risks than Reits when Sibor spikes: OSK-DMG
The Business Times reported on Monday that the key three-month Sibor has risen almost 60 per cent to 0.64 per cent, from 0.41 per cent barely three months ago last October. But the three-month SOR, the Sibors more market-oriented cousin, is going the .
SMRT may invest in telco licence bidder OMGTEL
SMRT Corporation may invest up to S$34.5 million in OMGTEL, said the transport operator on Wednesday, adding that it has entered into an agreement with OMG to work exclusively with the company on its bid for the fourth wireless telecommunications .
Dont blame ABSD for overseas property buys
ARGUING for a removal of the additional buyers stamp duty (ABSD) for Singaporeans, Nee Soon GRC MP Lee Bee Wah said on Tuesday that the additional taxes have led cash-rich Singaporeans to invest in riskier foreign properties in Malaysia, Cambodia, .
Clinton had no official Blackberry: State Dept
[WASHINGTON] Piling on more embarrassment for Hillary Clinton amid a row about her emails, US officials revealed Thursday that during her time as secretary of state she had eschewed a government-issued cell phone. Spokeswoman Jen Psaki said Mrs .
Bumitama Agri to be compensated about 400b rupiah for plantation land
One of the remedial options open to HPA was to seek to restore its investments by negotiating with the new owner. Bumitama took the view that this would be the most efficient option, and launched negotiations leading to Fridays agreement with the new .
Italy January industry output falls steeply, dampening recovery hopes
However, these gains were outweighed by a steep 1.8 per cent drop for investment goods and a 0.2 per cent fall for intermediate goods. ISTAT reported that on a work-day adjusted year-on-year basis, output in January was down 2.2 per cent, following a 0.