Leadership
Singtel’s interim dividend up 35%, H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
Soft enterprise demand is expected to improve in the coming months, and data centre customers are paying reservation fees to secure limited capacitySINGTEL’S net profit for the first half...
Hertz falls on mounting losses from failed bet on Tesla EVs
HERTZ Global Holdings tumbled after the company reported a worse-than-expected loss stemming from the rental car company’s failed bet on electric vehicles (EVs) and heavy depreciation costs that have...
Meta to offer less personalised ads in Europe to appease regulators
META Platforms plans to offer Instagram and Facebook users in Europe the option to receive “less personalised ads,” the tech giant announced on Tuesday (Nov 12), in an effort...
IReit Global reports 89.6% portfolio occupancy for Q3, weighed down by Spanish portfolio
EUROPE-FOCUSED real estate investment trust IReit Global on Tuesday (Nov 12) announced a portfolio occupancy of 89.6 per cent for its third quarter ended Sep 30, and suggested that...
Vodafone back in profit as nears UK merger with Three
TELECOMS group Vodafone returned to profit in the first-half, it announced on Tuesday (Nov 12), as the group closes in on a merger of its UK operations with rival...
Opec again cuts 2024, 2025 oil demand growth forecasts
OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday (Nov 12), highlighting China, India and other regions, marking...
Cortina’s H1 net profit falls 10% to S$27.8 million as operating expenses outpace revenue growth
Competitor and luxury watch retailer The Hour Glass also reports a 20% decrease in earningsLUXURY watch retailer Cortina posted a 10 per cent drop in net profit to S$27.8...
Boustead Singapore posts 34% higher H1 profit of S$36 million
INFRASTRUCTURE-RELATED engineering and technology group Boustead Singapore posted a 34 per cent rise in net profit to S$36 million for its first half of FY2025 ended Sep 30, 2024....
