Lifestyle
Green data centres, energy transition among most promising growth areas in sustainable financing: UOB
[KUALA LUMPUR] Green data centres, energy transition, food security and industrials are the most promising growth areas in sustainable financing, said UOB’s head of sector solutions group and global...
Aviva tops earning forecasts on home, motor insurance price rises
British insurer Aviva beat first-half profit expectations following a rise in general insurance premiums in Britain and Ireland, and said on Wednesday (Aug 14) it remained confident of meeting...
Snickers maker Mars to acquire Kellanova for nearly US$30 billion: source
FAMILY-OWNED candy giant Mars, whose brands include M&M’s and Snickers, is nearing a deal to acquire Kellanova, maker of snacks such as Cheez-It and Pringles, for nearly US$30 billion,...
UBS profit beats estimates as client inflows hit US$27 billion
UBS Group posted higher than expected profit in the second quarter, buttressing chief executive officer Sergio Ermotti’s efforts to return capital to shareholders and finalise the integration of Credit...
Cathay Pacific world’s most-shorted airline stock on profit woes
CATHAY Pacific Airways is now the world’s most-shorted major airline stock, as the industry struggles to improve profits even amid a rebound in global tourism.Short interest in shares of...
Asia: Markets extend gains as US inflation data boost rate hopes
EQUITIES marched higher on Wednesday (Aug 14) after hopes for a Federal Reserve interest rate cut next month were boosted by data showing US wholesale prices rose less than...
Tencent’s buyback plan in focus as Chinese tech rivals catch up
INVESTORS will scrutinise any comments from Tencent Holdings about its buyback plans during on Wednesday’s (Aug 14) quarterly results announcement as its competitors catch up with its spending levels.Tencent...
United Hampshire US Reit’s H1 DPU falls 24.2% to US$0.0201
UNITED Hampshire US Real Estate Investment Trust’s (Reit) distribution per unit (DPU) for the first half ended June 2024 stood at US$0.0201, down 24.2 per cent from its H1...
