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Britain to trial use of drones in deliveries, emergency services
Britain to trial use of drones in deliveries, emergency services
BRITAIN’S aviation regulator has selected six projects, including one by e-commerce giant Amazon, to test the use of drones in deliveries, inspection of infrastructure and emergency services, it said...
Berkshire invests in Ulta Beauty, Heico as it retreats from Apple
Berkshire invests in Ulta Beauty, Heico as it retreats from Apple
WARREN Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter when it also nearly halved its huge stake...
Temasek spent billions on US tech stocks before July sell-off
Temasek spent billions on US tech stocks before July sell-off
SINGAPOREAN state-owned investor Temasek Holdings spent billions of US dollars in the second quarter buying shares in US technology giants, just before the sector dropped in July.Temasek increased the...
Singtel Q1 net profit up 42.9% to S0 million on exceptional gain 
Singtel Q1 net profit up 42.9% to S$690 million on exceptional gain 
SINGTEL reported on Thursday (Aug 15) that its net profit for the first quarter ended Jun 30, rose 42.9 per cent to S$690 million, from S$483 million in the...
Gen Z voters oppose social media limits, new study finds
Gen Z voters oppose social media limits, new study finds
AMERICAN teens are generally against the idea of regulations that would place restrictions on their use of social media platforms, despite knowing the potential harms to mental and physical...
Taiwan’s artificial-intelligence fundraising survives market maelstrom
Taiwan’s artificial-intelligence fundraising survives market maelstrom
A NEW convertible bond offering by a major supplier to Apple will add to the US dollar funds raised by Taiwan’s tech firms this year, thanks to the hybrid...
Haw Par’s H1 2024 net profit rose 17.1 per cent to S2 million
Haw Par’s H1 2024 net profit rose 17.1 per cent to S$122 million
Revenue for the period rose 6.3% to S$118.1 million as demand for healthcare products remains strongTIGER Balm ointment maker Haw Par Corporation reported a 17.1 per cent rise in...
StarHub H1 earnings up 7.1% to S.1 million despite revenue staying largely flat
StarHub H1 earnings up 7.1% to S$82.1 million despite revenue staying largely flat
Earnings per share rose 8.5 per cent to 4.6 Singapore cents, from 4.2 cents in the corresponding period the year beforeMAINBOARD-LISTED telco StarHub posted a net profit of S$82.1...
US junk debt investors cautious of leveraged loans as economy slows
US junk debt investors cautious of leveraged loans as economy slows
LEVERAGED loan deals are expected to pick back up after a stabilisation in markets over the past week, although some investors say they are cautious about junk-rated loans if...
Drugmaker AstraZeneca’s market value soars past £200 billion
Drugmaker AstraZeneca’s market value soars past £200 billion
ASTRAZENECA’S market value surged above £200 billion (S$338 billion) for the first time after a big bet on cancer drugs helped drive a rally in the shares. Shares climbed as...