Leadership

Kid-focused tech startup myFirst picks Fu Yu as exclusive contract manufacturer
Kid-focused tech startup myFirst picks Fu Yu as exclusive contract manufacturer
April 4, 2024
SINGAPORE startup myFirst has appointed Fu Yu Corporation : F13 0% as its exclusive contract manufacturer, both parties said in a joint statement on Thursday (Apr 4). The startup...
Beijing nudged Syngenta to withdraw 65 billion yuan Shanghai IPO on market weakness: sources
Beijing nudged Syngenta to withdraw 65 billion yuan Shanghai IPO on market weakness: sources
April 4, 2024
CHINESE authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed US$9 billion IPO in Shanghai on concerns about the impact a sizeable new...
Singapore shares rise at Thursday’s open; STI up 0.5% 
Singapore shares rise at Thursday’s open; STI up 0.5% 
April 4, 2024
SINGAPORE stocks inched up at the opening bell on Thursday (Apr 4), following mixed overnight results in US and European markets. As at 9.01 am, the Straits Times Index (STI)...
Best World makes exit offer at S.50 per share via selective capital reduction
Best World makes exit offer at S$2.50 per share via selective capital reduction
April 4, 2024
BEST World on Wednesday (Apr 3) proposed to offer S$2.50 in cash per share by way of a selective capital reduction to eligible shareholders to privatise the business.The offer...
Google considers fees for AI-fuelled search features: FT
Google considers fees for AI-fuelled search features: FT
April 4, 2024
GOOGLE is considering charging for new “premium” features run by artificial intelligence (AI), the Financial Times (FT) reported, marking the first time it would put any of its core...
ExxonMobil signals weaker oil and gas prices to hit first-quarter profit
ExxonMobil signals weaker oil and gas prices to hit first-quarter profit
April 3, 2024
EXXONMOBIL on Wednesday (Apr 3) signalled first-quarter operating results would drop over the prior quarter on weaker oil, gas prices and a big loss in fuel derivatives, a securities...
US: Stocks little changed after mixed data as Disney falls
US: Stocks little changed after mixed data as Disney falls
April 3, 2024
WALL Street stocks finished a choppy session little changed on Wednesday (Apr 3) following mixed economic data while Disney retreated after winning a high-profile proxy fight.Data from payroll firm...
Ford’s US sales rise on big jump in deliveries of hybrid models
Ford’s US sales rise on big jump in deliveries of hybrid models
April 3, 2024
FORD Motor’s US auto sales rose 7 per cent in the first quarter on strong demand for gas-electric hybrids, despite a laborious launch of a redesigned F-150 pickup truck.The...
Amazon is cutting hundreds of jobs in cloud computing division
Amazon is cutting hundreds of jobs in cloud computing division
April 3, 2024
AMAZON.COM’S cloud division is cutting hundreds of jobs that will affect sales and marketing employees and the team developing technology for brick-and-mortar stores. “We’ve identified a few targeted areas...
Opec+ ministers keep oil output policy steady: sources
Opec+ ministers keep oil output policy steady: sources
April 3, 2024
A MEETING of the top ministers of Opec+ has kept oil output policy unchanged, three Opec+ sources said, as oil prices hit their highest in five months. A ministerial committee...