Lifestyle
Bain Capital mulls US$10 billion sale of Rocket Software: sources
PRIVATE equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the US automation software provider at as much as US$10 billion, including...
Heavy selling wipes S$1.5 billion off Yangzijiang Shipbuilding’s value as its shares plummet 16%
Shares of Yangzijiang Shipbuilding dived around 16 per cent on Thursday (Feb 27) morning, a day after it posted earnings and in a week when the US proposed to...
Acrophyte Hospitality Trust’s H2 DPS falls 46.7% to US$0.01026
Revenue for the period declines 5.2% year on year to US$84.9 million from US$89.5 millionACROPHYTE Hospitality Trust’s distribution per stapled security (DPS) for the half year ended December 2024...
Bumitama Agri’s H2 profit climbs 13.5% to 1.43 trillion rupiah
INDONESIAN palm oil producer Bumitama Agri posted a 13.5 per cent increase in net profit to 1.43 trillion rupiah (S$116.9 million) for the second half ended December, from 1.26...
Sembcorp H2 profit rises 14% to S$471 million
SEMBCORP Industries on Thursday (Feb 27) reported a 14 per cent rise in total net profit to S$471 million for the second half ended Dec 31, 2024, from S$412...
Nvidia’s solid earnings report falls short of blowout level
NVIDIA, the chipmaker at the centre of an artificial intelligence (AI) spending boom, gave solid quarterly results and a bullish revenue forecast for the current period, even if the...
Trump axes Chevron‘s Venezuela oil license, citing lack of electoral reforms
US PRESIDENT Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President...
Two new CDL directors will not exercise any powers until further notice from court: Kwek Leng Beng
THE two new directors appointed by CDL’s board have undertaken not to exercise any powers as directors until further notice, said CDL executive chairman Kwek Leng Beng in a...
