Leadership
Accrelist subsidiary to acquire 60% stake in Nanjing health management company
ACCRELIST’S 95 per cent-owned subsidiary intends to acquire a 60 per cent equity stake in a health management company for 1.5 million yuan (S$280,000), said the Catalist-listed company on...
Cromwell E-Reit portfolio valuations inch up 0.6% in H1
It expects the net valuation adjustment to be relatively flat after accounting for expected capital expenditures over the latest half-year periodCromwell European Real Estate Investment Trust’s (Cromwell E-Reit) portfolio...
Google’s emissions shot up 48% over five years due to AI
GOOGLE’S emissions climbed by almost half over five years, as the company has infused artificial intelligence (AI) throughout many of its core products – making it harder to meet...
Bain-owned Chindata’s lenders bank on Asia’s data centre boom
BAIN Capital-owned data centre operator Chindata Group Holdings obtained a US$490 million five-year syndicated loan from banks keen to back Asia’s growing computing and data storage needs.
The borrowing, which...
US awards Moderna US$176 million to produce bird flu vaccine
The US government has awarded US$176 million to Moderna to advance development of its bird flu vaccine, the company said on Tuesday (Jul 2), as concerns rise over a...
BYD seals EV pact with leasing firm Ayvens to expand in Europe
The corporate fleet market is key to BYD’s push to break through in Europe, where the the world’s biggest maker of electric cars has struggled to gain traction BYD...
Keppel merges two wholly owned subsidiaries
Keppel Fund Management and Keppel Capital Alternative Asset are licensed fund managers under Keppel KEPPEL has amalgamated two indirect wholly owned subsidiaries to streamline the company’s organisational structure. The...
US: S&P 500, Nasdaq end at fresh records after Fed chair’s comments