Singapore’s SATS buying Worldwide Flight Services for S.65 billion to create global leader

SINGAPORE: Singapore-based ground handling services firm SATS is acquiring Paris-based Worldwide Flight Services (WFS) for S$1.65 billion cash, to create the world’s biggest global air cargo handler, the companies said. “This is a transformational opportunity for SATS and our proposed acquisition of WFS will create a global leader,” Kerry Mok, SATS’Continue Reading

Wrecking ball dollar swinging next toward US

TOKYO – Wall Street suits, run for the hills. So far this year, the surging dollar has left a trail of carnage across Asian and European economies, currencies and bourses. Now, it is likely headed for home territory. Count Michael Wilson, Morgan Stanley’s chief US equity strategist, as among those fearing the dollar’s rally is […]

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Kids learn to hawk their wares online

About a hundred college students from 18 institutions took part in this particular year’s education equity partnership programme, targeted at reducing disparities in educational opportunities among students in large cities and remote control areas, according to among the initiative’s leaders.Continue Reading

Solutions to big problems – dreams, reality, and fraud

Big industrial problems attract entrepreneurs with big ideas plus investors with a high risk appetite. Starting with good intentions, some end up being disastrous frauds since promised products end up being unachievable. How does this happen? Such situations are rare however, many entrepreneurs end up deceptive themselves and investors in the mistaken belief that obstacles is going to be overcome with […]

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