TR EMERITUS

The last time Singapore's marine-services industry was staring at what would eventually turn out to be an 18-year drought in demand for oil rigs, Ronald Reagan was starting his second term as U.S. president. Jackup rigs, used to drill for oil in shallow waters, saw orders evaporate between 1985 and 2003. As Macquarie notes,... 

In April, a BMW racing through a fruit market in Foshan in China’s Guangdong province knocked down a 2-year-old girl and rolled over her head. As the girl’s grandmother shouted, “Stop! You’ve hit a child!” the BMW’s driver paused, then switched into reverse and backed up over the girl. The woman at the wheel drove... 

Photo: ValueWalk Is Turkey downing a Russian plane going to spark World War 3? That’s the question everybody has been asking today. The answer is: it’s going to spark a nuclear war, according to Russian defense analysts familiar with the downing of the jet. The Turkish military said it had shot down a Russian warplane early...