Leadership
Ola Electric shares surge 82% post-debut to hit US$7 billion value
THE rapid rise in Ola Electric Mobility shares is vindicating the founder’s push to list the company despite initial scepticism over valuation.The stock has surged nearly 82 per cent...
Abu Dhabi’s Mubadala adds to data centre bets with Yondr deal
MUBADALA Investment is investing in London-based data centre developer Yondr Group, marking the Abu Dhabi wealth fund’s latest foray into a sector that’s expected to benefit from booming demand...
Chipmaker Texas Instruments expects free cash flow to jump in 2026
TEXAS Instruments (TI) said on Tuesday (Aug 20) that its free cash flow (FCF) would jump in 2026 as demand rebounds and the analogue chipmaker tightens capital spending after...
Petronas taps Adnoc, Storegga to evaluate carbon capture, storage in Malaysia
MALAYSIAN state energy firm Petroliam Nasional (Petronas) will collaborate with Abu Dhabi National Oil Company (Adnoc) and UK-based Storegga to evaluate carbon dioxide emissions storage in Malaysia, the companies...
South-east Asia’s solar boom threatened by US-China trade tension
THE future of South-east Asia’s booming solar industry, which produces the most panels in the world after China, is being thrown into doubt as the United States looks set...
Volkswagen’s China partner sees revenue shortfall as price war continues
CHINESE electric car maker Xpeng forecasted third-quarter revenue that will miss analysts’ estimates, as the company feels the impact of a continued price war in its home market.While the...
StarHub broadband service restored after DNS server outage on Tuesday
STARHUB broadband customers experienced an outage which disrupted their access to the Internet just before 8 pm on Tuesday (Aug 20), but the telco announced at 9.15 pm that...
Sats back in the black in Q1 on growth in air cargo volume and inflight meal demand
It posts net profit of S$65 million as revenue rises to S$1.4 billion, up 15.5 per centSats on Tuesday (Aug 20) posted a net profit of S$65 million for...
