Lifestyle

Nike rises after Bill Ackman’s Pershing Square discloses stake
Nike rises after Bill Ackman’s Pershing Square discloses stake
NIKE shares gained in late trading after Pershing Square Capital Management disclosed a new stake in the world’s largest sportswear company.The investment firm run by Bill Ackman revealed in...
Hong Kong’s CK Infrastructure applies for UK listing
Hong Kong’s CK Infrastructure applies for UK listing
Hong Kong’s CK Infrastructure Holdings said on Wednesday (Aug 14) that it had applied for a secondary listing on the London Stock Exchange.The company, a part of the conglomerate...
Citigroup lifts pre-Brexit cap on top London bankers’ bonuses
Citigroup lifts pre-Brexit cap on top London bankers’ bonuses
CITIGROUP is lifting the limit on some of its top UK bankers’ and traders’ bonuses, following in the footsteps of rivals like JPMorgan Chas and Barclays. The change will...
US: Wall St opens higher as CPI report cements rate-cut bets
US: Wall St opens higher as CPI report cements rate-cut bets
Wall Street’s main indexes opened slightly higher on Wednesday (Aug 14) after data showed inflation was moderating as expected, cementing bets that the Federal Reserve will begin its policy-easing...
Yanlord Land Group sinks into the red with 486 million yuan H1 loss on write down
Yanlord Land Group sinks into the red with 486 million yuan H1 loss on write down
REAL estate developer Yanlord Land Group reversed into the red with a loss of 486 million yuan (S$89.3 million) for the six months ended Jun 30, compared to net...
AEM H1 net profit falls 95.4% as demand from key customer weakens
AEM H1 net profit falls 95.4% as demand from key customer weakens
AEM Holdings posted a 95.4 per cent decline in net profit to S$895,000, from S$19.7 million a year earlier, for the half-year ended Jun 30, 2024.This comes as revenue...
ComfortDelgro’s H1 2024 earnings rose 21.4% to S.3 million
ComfortDelgro’s H1 2024 earnings rose 21.4% to S$95.3 million
TRANSPORT operator (CDG) reported on Wednesday (Aug 14) a 21.4 per cent increase in H1 2024 earnings to S$95.3 million, from S$78.5 million in the year-ago period.Revenue for the...
Green data centres, energy transition among most promising growth areas in sustainable financing: UOB
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
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 billion: source
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,...