Q&M to acquire dental clinic business in Bukit Timah for S$800,000

Q&M to acquire dental clinic business in Bukit Timah for S0,000

Q&M Dental Group (Singapore) has entered into a binding memorandum of understanding (MOU) to acquire the dental clinic business of Veritas Dental for S$800,000. On Wednesday (Sep 11), the group said that the proposed acquisition is in line with expanding its main dental business in Singapore. Veritas Dental is a company incorporated in Singapore and…

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Amazon to invest £8 billion in UK, continuing AWS expansion

Amazon to invest £8 billion in UK, continuing AWS expansion

AMAZON.COM said it would spend £8 billion (S$13.6 billion) in the United Kingdom to grow its cloud business, adding to a string of recent expansion moves in Europe and giving Britain’s new Labour government a welcome investment boost. The five-year investment by Amazon Web Services (AWS) in data centres will support up to 14,000 jobs…

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Citi sees some tech companies still weighing US IPOs this year

Citi sees some tech companies still weighing US IPOs this year

A HANDFUL of tech companies are considering going public on US exchanges during the last three months of the year, a top Citigroup banker said, stoking the pipeline of potential initial public offerings (IPOs). A burst of such listings would be welcome news to bankers who have already begun downplaying expectations for the rest of…

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Europe: Banks, energy stocks weigh on bourses; BMW tumbles

Europe: Banks, energy stocks weigh on bourses; BMW tumbles

EUROPEAN equity markets largely lost ground on Tuesday, weighed by bank and energy stocks as investors tread cautiously ahead of key US inflation data and an anticipated European Central Bank rate cut later in the week. Shares of automaker BMW slumped 11 per cent, notching their worst day in over four years after the company cut its…

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US: Stocks mostly rise ahead of inflation data

US: Stocks mostly rise ahead of inflation data

WALL Street stocks mostly rose on Tuesday ahead of key US inflation data and a hotly contested presidential debate. Markets are eyeing Wednesday’s consumer price index report, with the Federal Reserve having signaled a likely interest rate cut later this month in light of moderating inflation. Investors are also anticipating the first, and perhaps only, debate between…

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GameStop swings to unexpected profit even as sales slide

GameStop swings to unexpected profit even as sales slide

GAMESTOP reported a fourth consecutive quarter of falling sales, though the video-game retailer reported an unexpected profit. Revenue fell 31 per cent from a year earlier to US$798 million for the second quarter ended Aug 3, the company said on Tuesday (Sep 10). That compares with the US$895.5 million average of two analysts’ estimates, according…

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