Business Siemens Chief Executive Joe Kaeser has declined requests from some activist investors whether he would need "support" in running the German industrial conglomerate, the CEO told a German magazine. 24 Jan 2019 07:51PM Bookmark FRANKFURT: Siemens Chief Executive Joe Kaeser has declined requests from some activist investors whether he would need "support" in running the German industrial conglomerate, the CEO told a German magazine.A number of prominent activist investors had asked him whether he would appreciate them lending support as potential supervisory board directors, monthly Manager Magazin cited the CEO as saying.The request, which he declined, was "of a friendly nature", he said.He added that he could imagine separately listed Siemens Healthineers becoming member of Germany's bluechip index DAX over the long run, alongside the parent company.(Reporting by Ludwig Burger; editing by Thomas Seythal) … [Read more...] about Siemens CEO declined offer for support from activists: Manager Magazin
Southwest Airlines flags government shutdown impact; profit beats
Business Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between US$10 million and US$15 million off its revenue thus far in January as it reported a 62.6 percent decline in fourth-quarter profit. 24 Jan 2019 07:51PM (Updated: 24 Jan 2019 08:00PM) Bookmark REUTERS: Southwest Airlines Co said on Thursday the U.S. partial government shutdown had knocked between US$10 million and US$15 million off its revenue so far in January as it reported a better-than-expected fourth-quarter profit.Earlier this month, Dallas-based Southwest said the shutdown was delaying its plan to launch service to Hawaii, which needs approval from federal government. Southwest was planning to start Hawaii service early this year.But as the shutdown dragged into its 34th day, many federal workers, including those who oversee route authorizations and aircraft certifications, remained furloughed."We are anxious for the government to resolve this shutdown so we can … [Read more...] about Southwest Airlines flags government shutdown impact; profit beats
News Taas-presyo sa petrolyo, LPG nagbabanta
Watch more in iWant or TFC.tv Nagbabadyang magkaroon ng pagtaas sa presyo ng produktong petrolyo sa susunod na lingo at sa presyo ng liquefied petroleum gas (LPG) sa weekend papasok ng Pebrero. Sa unang tatlong araw ng kalakalan sa pandaigdigang merkado, nasa P0.65 na ang iminahal ng presyo ng imported diesel habang P0.40 naman sa gasolina. Sakaling matuloy, ito na ang ikaapat na sunod na linggong nagkaroon ng taas-presyo sa petrolyo ngayong 2019. Kasabay ng sunod-sunod na taas-presyo sa petrolyo, dumadami na rin ang mga gasolinahan na nagpatupad ng mas mataas na excise tax o buwis sa langis. Bukod sa petrolyo, inaasahang magkakaroon din muli ng taas-presyo sa LPG sa susunod na weekend. Naglalaro sa P0.60 hanggang P1.50 ang inaasahang taas-presyo sa LPG sa Pebrero, ani South Pacific, Inc. President Jun Golingay. Nauna nang sinabi ni LPG Marketers' Association (LPGMA) party-list Rep. Arnel Ty na bunsod ito ng galaw ng presyo sa pandaigdigang merkado. May ilang brand na ng LPG ang … [Read more...] about News Taas-presyo sa petrolyo, LPG nagbabanta
How to be successful, according to Henry Sy
How to be successful, according to Henry Sy (philstar.com) - January 24, 2019 - 7:46pm MANILA, Philippines — Self-made billionaire Henry Sy Sr.’s rise from being a penniless Chinese immigrant to becoming the richest man in the Philippines for eleven years in a row has inspired a lot of people. Fondly called “Tatang” or father, Sy, who died last Saturday, made his fortune with a Philippine shopping center conglomerate. But it was a long journey for a man who came to the Philippines as a boy to work in his immigrant father's sari-sari store. Here are some pieces of advice from Sy: On staying focused on your goals “I’ve always wanted to be a businessman. No other ambitions, I just wanted to be in business, even when I was a child in Fujian province, south China.” On pushing boundaries "Every time the country is in a crisis, I think and decide where is the best way to go. We have … [Read more...] about How to be successful, according to Henry Sy
Muhibbah bags jobs worth RM165m
PETALING JAYA: Muhibbah Engineering (M) Bhd has secured contracts worth RM165 million for the design, supply, installation, testing and commissioning of noise barriers for two expressways. In a filing with Bursa Malaysia, the company said it has accepted the award of the contracts from Turnpike Synergy Sdn Bhd, a wholly owned subsidiary of Projek Lintasan Kota Holdings Sdn Bhd, which in turn is wholly owned by Permodalan Nasional Bhd. The noise barriers are for the Sungai Besi-Ulu Kelang Elevated Expressway and Damansara-Shah Alam Elevated Expressway. The contracts are scheduled to commence by end of this month with completion expected in the first quarter of 2021, subject to the site possession to be granted by Turnpike Synergy. Muhibbah said the contracts are expected to contribute positively to the earnings and net assets of the group for the current and future financial years. … [Read more...] about Muhibbah bags jobs worth RM165m