Lifestyle
Apple cuts jobs in digital services groups as priorities shift
APPLE took the rare step of cutting about 100 jobs in its services group, part of a shift in priorities for the critical division, according to sources with knowledge...
Warren Buffett sells more Bank of America shares, reaping US$982 million
WARREN Buffett sold an additional US$982 million of Bank of America stock as his conglomerate continues to shrink its investment in the second-largest US bank.His Berkshire Hathaway has trimmed...
Australia’s Fortescue beats dividend payout view, shares rise
AUSTRALIA’S Fortescue reported a rise in annual profit on Wednesday (Aug 28), boosted by higher iron ore shipments from its Iron Bridge project, and announced a larger-than-expected final dividend,...
Keppel Infrastructure Trust’s private placement to raise S$200 million at top end of price range
KEPPEL Infrastructure Trust (KIT) has closed its private placement at S$0.438 apiece with 456.6 million new units issued, representing the top end of the price range proposed the day...
Indonesia sells longest-ever 40-year bond as easing pivot nears
INDONESIA sold 40-year local-currency bonds for the first time as looming interest-rate cuts boost the allure of longer-tenor debt.The government raised three trillion rupiah (S$252 million) from the sale...
Australia’s Woolworths posts flat annual profit
WOOLWORTHS Group, Australia’s largest supermarket chain, reported a flat annual profit on Wednesday, as weak performance in its New Zealand Food and Big W divisions offset sales growth in...
Europe: Travel, banking stocks lift shares with data in focus
GAINS in banking stocks and airlines lifted European shares on Tuesday, though trading remained cautious ahead of key economic data later this week.The travel and leisure and banking sectors were the...
US: Stocks make small gains ahead of Nvidia results
WALL Street stocks ended Tuesday slightly higher as markets look ahead to an earnings report by chipmaker Nvidia this week.The broad-based S&P 500 gained 0.2 per cent to 5,625.80, as did...
