Lifestyle
Meta to cut roughly 5% of staff, targeting lowest performers
META Platforms is cutting roughly 5 per cent of its staff through performance-based terminations and plans to hire new people to fill their roles this year, according to an...
SIA Engineering adds MOM perm sec Ng Chee Khern to board
SIA Engineering has appointed Ng Chee Khern, the permanent secretary of the Ministry of Manpower, as an independent non-executive director, with effect from Feb 1. Along with the appointment, the 59-year-old...
Great Eastern Life prices US$500 million fixed rate perpetual capital securities
The Great Eastern Life Assurance Company has priced US$500 million fixed rate perpetual capital securities, first callable in 2032, to be issued on or about Jan 22.The Series 002...
Apollo, StanChart sign US$3 billion energy transition partnership
APOLLO Global Management and Standard Chartered have formed a partnership to finance infrastructure deals, renewable energy and the low-carbon transition.
Apollo Clean Transition Capital, the firm’s sustainable investing platform, and...
Macquarie to invest up to US$5 billion in Applied Digital data centres
Investment bank Macquarie will invest up to US$5 billion in Applied Digital’s AI data centres and will take a 15 per cent stake in the company, the Wall Street...
Malaysia’s Yinson secures deal with investors including Abu Dhabi for US$1 billion funding
MALAYSIAN energy infrastructure firm Yinson Holdings said it has signed an agreement with a consortium of investors for a funding round in its unit that makes vessels used by...
Mitsubishi Corp quits China metal trading after copper fraud
Japanese conglomerate Mitsubishi Corp plans to shutter its Chinese metal trading business after suspected fraud by one of its copper traders led to a more than US$90 million loss.The...
65 Equity Partners’ part in TalkMed offer is at odds with core
With its mandate to support companies eyeing an SGX listing, encouraging the medical group’s delisting is a bad lookTALKMED Group late last year received a privatisation proposal from oncology-focused...
