Leadership
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...
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (May 8):
Fed’s Kashkari says rates likely on hold for ‘extended period’
FEDERAL Reserve Bank of Minneapolis president Neel Kashkari said it’s likely the central bank will keep interest rates where they are “for an extended period of time” until officials...
Renewables provided record 30% of global electricity in 2023, think tank Ember says
GROWTH in solar and wind power pushed renewable generation to a record 30 per cent of global electricity production in 2023, putting a global target to triple renewable capacity...
OpenAI is readying a search product to rival Google, Perplexity
OPENAI is developing a feature for ChatGPT that can search the web and cite sources in its results, according to a source familiar with the matter, potentially competing head...
