Lifestyle
Is PropertyGuru’s delisting good for SEA’s tech scene?
PropertyGuru’s stint as a listed company might soon be coming to an end.
Last week, Swedish private equity (PE) firm EQT offered to acquire the South-east Asian property listings portal...
Bank of England’s Bailey says risk of persistent inflation is receding in UK
BANK of England governor Andrew Bailey said it is “too early to declare victory” over inflation but the risks of persistent inflation appear to be receding, a sign he...
‘Super Bowl’ Nvidia earnings stand to test searing AI trade
THE rally in US stocks faces an important test next week with earnings from chipmaking giant Nvidia, whose blistering run has powered markets throughout 2024.The S&P 500 has pared...
Nestle chairman says no major restructuring planned after shake-up
NO major restructuring is planned at Nestle, following the Swiss foodmaker’s decision to replace chief executive officer Mark Schneider with company veteran Laurent Freixe, chairman Paul Bulcke was quoted...
Meta cancels plans for high-end mixed-reality headset, the Information reports
META Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple’s Vision Pro, the Information reported on Friday (Aug 23).The company told employees at its...
Oxley Holdings expects net loss for H2, FY2024 earnings
PROPERTY developer Oxley Holdings said on Friday (Aug 23) that it expects to post a net loss for both the second half and full year ended Jun 30, 2024....
Morgan Stanley cuts 2024 oil demand growth outlook on China factors
MORGAN Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower economic growth, increased electric vehicle usage there, and a rise in the...
Infineon to pay more than expected in Qimonda settlement
GERMAN chipmaker Infineon has settled a more than decade-long legal dispute over insolvent former unit Qimonda, agreeing to pay a higher than initially planned 753.5 million euros (S$1.1 billion),...
