Leadership
FLCT renews 12-year lease for Australian office building
As at Mar 31, the Caroline Chisholm Centre accounted for 3.2% of FLCT’s portfolio valueTHE manager of Frasers Logistics and Commercial Trust (FLCT) on Thursday (Oct 10) said the...
Ikea sales fall 5% after price cuts amid weak housing market
IKEA annual sales fell 5 per cent after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking...
Delta forecasts record fourth quarter profit on improved pricing, strong holiday bookings
DELTA Airlines said on Thursday (Oct 10) that the current quarter has shaped up to be one of the most profitable fourth quarters in its history, with improved pricing...
Singapore stocks buck regional gains on Thursday; STI down 0.3%
Jardine Matheson is the top gainer within the index, while Yangzijiang Shipbuilding falls the mostSINGAPORE stocks ended lower on Thursday (Oct 10), despite gains elsewhere in the region.The benchmark...
GSK surges 6.5% after US$2.2 billion Zantac lawsuits settlement
SHARES of British drugmaker GSK rose as much as 6.5 per cent on Thursday (Oct 10), after it agreed to pay up to US$2.2 billion to settle lawsuits in...
China’s Chery assembles cars in Russian plants vacated by Western rivals
CHINESE carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen and Mercedes, five people familiar with...
GM China’s EV, hybrid sales top petrol cars for first time
GENERAL Motors (GM) sold more electric vehicles (EVs) and plug-in hybrids than conventional petrol cars in China for the first time last quarter, though the milestone comes as total...
Singtel launches AI cloud service; to process data locally for sensitive sectors, government
SENSITIVE sectors, such as banking and healthcare, as well as the public sector, will soon be able to tap telco giant Singtel’s artificial intelligence (AI) cloud offering. The company...
