Leadership
Google hit with 2.1 billion euro lawsuit by Axel Springer, other media groups
ALPHABET’S Google was hit with a 2.1-billion-euro (S$3.1 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday (Feb 28), alleging that they had suffered losses...
European Parliament bans Amazon lobbyists
AMAZON.COM lobbyists have been banned from the European parliament at the request of the parliament’s employment committee, a spokesperson said on Wednesday (Feb 28), confirming an earlier report by...
Zheneng Jinjiang H2 profit plummets on impairment loss, revenue down 18.8% to 1.8 billion yuan
ZHENENG Jinjiang Environment posted a net profit of 15.3 million Chinese yuan (S$2.9 million) for the second half ended Dec 31, 2023, plummeting 93.4 per cent from 231.5 million...
Riverstone’s Q4 net profit rises 60.7% to RM67.5 million; recommends special dividend
RIVERSTONE Holdings delivered a 60.7 per cent jump year on year (yoy) in net profit to RM67.5 million (S$19.1 million) for the fourth quarter to December, as a dip...
US dollar firmer before key inflation data, kiwi sinks as RBNZ holds rates
THE US dollar firmed up on Wednesday (Feb 28) as markets awaited a raft of global inflation data for clues on when central banks may start easing policy, while...
Hong Leong Asia H2 profit rises 185% on powertrain solutions, building materials growth
HONG Leong Asia, the trade and industry arm of the Hong Leong Group, on Wednesday (Feb 28) posted a net profit of S$34.1 million for the second half of...
BYD amps up brutal China EV price war with bigger discounts on new car versions
CHINESE electric vehicle giant BYD on Wednesday (Feb 28) unveiled lower-priced new versions of its Han sedans and Tang SUVs, deepening a protracted and brutal price war in the...
UOB Kay Hian H2 profit up 92.2% as interest income jumps 28.7%
BROKERAGE firm UOB Kay Hian on Wednesday (Feb 28) reported a 92.2 per cent growth to its earnings for the second half ended Dec 31, 2023 on a lift...
