Posts by Riah Marton
Nissan prepares to replace CEO after Honda deal falls apart
NISSAN Motor is drawing up plans to replace its chief executive officer following another dismal set of earnings and the collapse of talks to combine with Honda Motor, according to sources familiar with the matter. Nissan directors are gauging interest in potential candidates to succeed Makoto Uchida, the 22-year company veteran who’s been CEO since…
Read MoreST Engineering H2 profit rises 19.6% to S$365.7 million
ST ENGINEERING on Thursday (Feb 27) reported a net profit of S$365.7 million for the second half ended Dec 31, up 19.6 per cent from S$305.9 million in the previous corresponding period The defence and engineering group’s revenue rose 9.9 per cent to S$5.8 billion from S$5.2 billion. This was mainly driven by the defence…
Read MoreGolden Agri’s H2 profit soars 1,617.1% to US$262.1 million
PALM oil producer Golden Agri-Resources posted net profit of US$262.1 million for its second half ended Dec 31, up 1,617.1 per cent from US$15.3 million in H2 FY2023 as crude palm oil prices and sales volumes were higher for the full year. This marked a recovery from last year, where net profit plunged 96.1 per…
Read MoreSalesforce gives tepid outlook while touting AI progress
SALESFORCE gave a fiscal-year revenue forecast that fell short of estimates, dimming optimism that the company’s new artificial intelligence (AI) product would spur faster sales growth. Revenue will be US$40.5 billion to US$40.9 billion in the year ending January 2026, the San Francisco-based company said on Wednesday (Feb 26). Analysts, on average, estimated US$41.5 billion,…
Read MoreGossip Girl’s Michelle Trachtenberg Underwent Liver Transplant Months Before Death – E! Online
Michelle Trachtenberg Dead at 39: Rosie O’Donnell, Kim Cattrall & More Pay Tribute More details about Michelle Trachtenberg‘s final days are being uncovered. In the months leading up to her passing, the Gossip Girl alum underwent a liver transplant, or the surgical procedure where a diseased or damaged liver is replaced with a healthy liver…
Read MoreChina quant says funds must adopt AI to survive after DeepSeek
DEEPSEEK’S success is intensifying pressure on China’s quantitative hedge funds to embrace artificial intelligence (AI) or risk becoming obsolete, according to one of the most aggressive users of AI in the industry. “In three years, quants that do not use AI will inevitably be eliminated,” said Feng Ji, chief executive officer of Baiont Quant,…
Read MoreAmerican Airlines Flight Suddenly Delays Landing as Another Plane Takes Off From Same Runway – E! Online
What Happened to the Passengers on American Airlines Flight 5342? On the evening of Jan. 29, American Airlines flight 5342 traveling from Witchita, Kan., to Washington, D.C. collided with a United States Army Black Hawk helicopter near the Reagan Washington National Airport, the Federal Aviation Administration confirmed on X, formerly known as Twitter. The plane…
Read MoreAlphabet’s Google cuts employees in cloud division
The cloud layoffs come as the tech industry’s culling of its corporate workforces has become all but standard in a new year ALPHABET’S Google on Wednesday (Feb 26) cut staffers in its cloud division, according to sources familiar with the matter. Bloomberg could not determine how many workers have been affected. The round of cuts…
Read MoreEven as MAS plans an SGX revival, privatisations still take place
Five privatisations have been announced so far this year, including Cuscaden Peak’s offer for Paragon Reit EVEN with moves to revitalise the Singapore stock market and analysts hopeful that there could be as many as 10 listings on the bourse, the slew of privatisation offers seen in 2024 – and the couple that have been…
Read MoreLiverpool vs Newcastle Live Streaming: How to Watch the Premier League Match Online in the US, UK and India
Liverpool will welcome Newcastle United to Anfield on Wednesday as they aim to strengthen their push for the Premier League title. The Reds enter this clash on the back of a remarkable victory over Manchester City last weekend, a result that will have further boosted their confidence. Currently is sitting 11 points clear at the…
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