Posts by Riah Marton
Real estate player CBRE acquires sustainability advisory Paia
CBRE Group, a provider of commercial real estate services, on Thursday (Aug 1) acquired Singapore-based sustainability advisory Paia Consulting. Founded in 2002, Paia provides clients with sustainability strategy, implementation and reporting services in Singapore and the rest of South-east Asia. It has worked with over 100 Singapore-listed companies. Following the acquisition, Paia will integrate…
Read MoreApple pulls commercial after Thai backlash, calls for boycott
US TECH giant Apple pulled an advertisement set in Thailand after a backlash from lawmakers, influencers and citizens, and calls for a boycott over the short film’s portrayal of the South-east Asian nation. The 10-minute Apple film titled The Underdogs: OOO (Out Of Office) the fifth instalment in the comedic series that follows a…
Read MoreJapan’s Nikkei sinks nearly 6% on US slowdown fears
Japan’s Nikkei share average fell nearly 6 per cent on Friday (Aug 2) to post its worst session in more than four years, as fears of a US slowdown and uncertainties over the Japanese central bank’s tightening path soured appetite for risk assets. The Nikkei closed 5.81 per cent lower at 35,909.7, marking its lowest…
Read MoreSingapore shares retreat at Friday’s open; STI down 1%
SINGAPORE stocks started trading in negative territory on Friday (Aug 2), mirroring losses in the global market overnight. As at 9.01 am, the Straits Times Index (STI) opened 1 per cent or 32.73 points lower at 3,387.11. Across the broader market, losers outnumbered gainers 107 to 28 after 59.8 million securities worth S$106.8 million changed…
Read MoreSnap shares tumble on weaker quarterly sales, profit outlook
SNAP shares tumbled in extended trading after the company reported disappointing second-quarter sales and gave a lower-than-expected outlook for earnings in the current period. The weak financial results overshadowed stronger user growth, marking a step-back in the company’s years-long quest to rebuild its core advertising business. The Snapchat parent reported quarterly revenue of US$1.24 billion, just…
Read MoreApple sees continued revenue growth as iPhone demand picks up
APPLE on Thursday forecast steady growth after its third-quarter iPhone sales topped Wall Street targets, even as overall results in China disappointed. Shares of the company rose 1 per cent in extended trading. Apple said revenue in its fiscal fourth quarter would grow at a level similar to the 4.9 per cent increase it posted in the…
Read MoreU.S. Olympian couldn’t pay her rent. Flavor Flav and Alexis Ohanian took care of it
Veronica Fraley is scheduled to compete at the Paris Olympics for the first time Friday. So now probably is not a good time for distractions — like, say, rent being due back home in Nashville and not having the funds to cover it. Luckily, hip-hop pioneer Flavor Flav, billionaire Alexis Ohanian and others have Fraley…
Read MoreOpec+ sticks to oil policy, repeats could pause Oct hike
A MEETING of top Opec+ ministers has kept oil output policy unchanged including a plan to start unwinding one layer of output cuts from October, and repeated that the hike could be paused or reversed if needed. Top ministers from the Organization of the Petroleum Exporting Countries and allies led by Russia, or Opec+ as…
Read MoreDFI Retail Group more than doubles H1 underlying profit to US$75.6 million, raises dividend
SUPERMARKET and retail store operator DFI Retail Group’s underlying profit more than doubled year on year to US$75.6 million for H1 ended June, from US$33.3 million in the year before. Its total H1 profit, which includes non-trading items, stood at US$95.1 million, up from US$8.2 million the year prior. This came even as its half-year…
Read MoreKEVIN MARTIN: Gun violence growing concern in Calgary
Breadcrumb Trail Links News Crime Opinion Columnists ‘The use of firearms — particularly prohibited or restricted handguns — in Alberta and Calgary — is epidemic,’ noted Justice Brian Stevenson Get the latest from Kevin Martin straight to your inbox Sign Up Published Aug 01, 2024 • Last updated 2 days ago • 3 minute read You…
Read More