Leadership
Tesla shareholder sues Musk to return billions in alleged unlawful profits
ELON Musk made billions of dollars by selling Tesla stock using insider information, an institutional shareholder accused in a lawsuit filed on Tuesday, asking the court to direct the...
NFTs fail to regain appeal as investors turn to new Ether ETFs
MANY investors are betting that Bitcoin and Ether will set fresh highs this year, but there’s one corner of the cryptocurrency market that is getting the cold shoulder: non-fungible...
Oracle expects double-digit revenue growth for fiscal 2025 on strong AI demand
ORACLE on Tuesday (Jun 11) forecast its revenue for fiscal 2025 to grow in double digits, in a sign of strong demand for its artificial intelligence (AI) powered cloud...
US: Nasdaq, S&P 500 end at records as Apple surges on AI plans
THE Nasdaq and S&P 500 rallied to fresh records on Tuesday, following a surge in Apple shares after Wall Street cheered the tech giant’s plans for artificial intelligence.The highs...
Red Sea ships attacks push 47% more crude oil, fuels around Africa
GLOBAL crude oil and oil products shipments taking the long route between Asia, the Middle East and the West is up 47 per cent since attacks began on vessels...
Evergrande EV warns of losing key assets as local governments demand subsidy repayment
CHINA Evergrande New Energy Vehicle Group faces the risk of losing assets such as land and equipment, the company said on Tuesday (Jun 11), as local administrative bodies demand...
Sabana Reit’s tenant in Tuas Avenue 8 placed under provisional liquidation
THE tenant of Sabana Industrial Real Estate Investment Trust : M1GU 0% (Sabana Reit) at 30 and 32 Tuas Avenue 8 has been placed in provisional liquidation.The Reit’s manager...
Singapore’s Tolaram to buy Diageo’s shareholding in Guinness Nigeria
SINGAPORE-BASED consumer group Tolaram on Tuesday (Jun 11) agreed to buy Diageo’s 58.02 per cent shareholding in Guinness Nigeria and enter into long-term licence and royalty agreements, the Nigerian...
