Leadership
Starbucks set for talks with unionised US stores
STARBUCKS is set to hold talks with labour representatives from stores that have voted to unionise in a key step towards reaching contracts, both sides said on Tuesday.The labour...
Europe: Tech, retail stocks boost Stoxx 600 to one-week high
EUROPEAN shares logged their best day in six weeks on Tuesday, driven by the retail and technology sector as investors found comfort in upbeat corporate updates, while the UK’s FTSE...
Hotel Properties prices 5-year notes at 5.1%
HOTEL Properties : H15 0% (HPL) has priced S$190 million in fixed-rate senior unsecured notes due May 3, 2029, at 5.1 per cent. Coupon payments will be made semi-annually...
GE Aerospace raises earnings goal on strong engine sales
GENERAL Electric raised the full-year profit guidance for its aerospace business, driven by an increase in revenue from commercial aircraft engines and services. Operating profit this year will reach US$6.2...
Apac Realty enters the Philippines with franchise agreement
APAC Realty : CLN 0% is expanding into the Philippines through an ERA franchise agreement with Upper Room Realty for Manila. The real estate services provider, which operates a...
Abu Dhabi returns to debt market with new US dollar bond
ABU Dhabi, capital of the United Arab Emirates, on Tuesday (Apr 23) mandated banks for a three-part US dollar-denominated bond issue, its first since 2021, with demand expected to...
Spotify profits up, but lower marketing hits user growth
SPOTIFY’S quarterly gross profit topped one billion euros (S$1.5 billion) for the first time after it reined in marketing spending, although that meant the music streaming giant missed its...
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%
SINGAPORE stocks tracked Wall Street gains on Tuesday (Apr 23), as markets rallied on easing tensions in the Middle East.The STI rose 1.5 per cent or 47.55 points to...
London stock market hits record high
LONDON’S FTSE 100 stocks index hit a record high at the open Tuesday (Apr 23), catching up with major global peers which have struck all-time peaks this year as...
Fintech startup Qashier gets in-principle approval for major payment institution licence from MAS
SINGAPORE-BASED fintech startup Qashier was granted in-principle approval for a major payment institution licence by the Monetary Authority of Singapore (MAS). This means that Qashier’s payment services – domestic...