Leadership
AstraZeneca lifts FTSE 100 to record high
London’s benchmark FTSE 100 stock index opened at a record high on Wednesday led by AstraZeneca, after the drugmaker initiated a worldwide withdrawal of its Covid-19 vaccine, while investors...
Nanjing Xinjiekou Department Store announces May 23 EGM; Cordlife seeking legal advice
CORDLIFE’S substantial shareholder Nanjing Xinjiekou Department Store said its nominee Philip Securities will exercise its rights as a member of Cordlife – on Nanjing Xinjiekou’s instructions – for an...
Samsung to buy French medical AI firm Sonio
SOUTH Korean tech giant Samsung said on Wednesday (May 8) it will buy French artificial intelligence (AI) company Sonio to boost its cutting-edge medical diagnostic systems.The use of AI...
Tesla sends top executive back to China as sales slump worsens
TESLA is sending executive Tom Zhu back to China, where he led the carmaker’s entry into the country, The Wall Street Journal reported.Zhu, one of the company’s three named...
AstraZeneca says it will withdraw Covid-19 vaccine globally as demand dips
ASTRAZENECA said on Tuesday (May 7) it had initiated the worldwide withdrawal of its Covid-19 vaccine due to a “surplus of available updated vaccines” since the pandemic.The company also...
Wynn Resorts quarterly results beat estimates on strength in Macau business
WYNN Resorts on Tuesday (May 7) beat Wall Street estimates for first-quarter profit as strength in gaming, luxury retail and hotel bookings drove steady demand at its Macau properties.Shares...
Singapore shares dip at Wednesday’s open; STI down 0.4%
SINGAPORE stocks declined at the opening bell on Wednesday (May 8) morning, tracking subdued overnight performance in the US market. As at 9.01 am, the Straits Times Index (STI)...
Suspicious China cooking oil is hurting US biofuels business
CHINA is flooding the US with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly energy.US...
