Lifestyle

Visa prevented US billion worth of fraudulent transactions in 2023
Visa prevented US$40 billion worth of fraudulent transactions in 2023
July 23, 2024
VISA prevented 80 million fraudulent transactions worth US$40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a senior company figure said on Tuesday (Jul...
Best World raises stake in British beauty firm Pedal Pulses
Best World raises stake in British beauty firm Pedal Pulses
July 23, 2024
Total purchase consideration of about S$5.5 million is not materially different from the one announced in April 2020BEST World International has raised its stake in British beauty company Pedal...
Some investors demand change at LVMH after probe into Dior contractors
Some investors demand change at LVMH after probe into Dior contractors
July 23, 2024
Europe’s top asset manager Amundi and other LVMH investors want the US$370 billion luxury behemoth controlled by billionaire Bernard Arnault to take more aggressive steps to monitor its suppliers’...
Sabana Reit H1 DPU down 16.8% to Salt=
Sabana Reit H1 DPU down 16.8% to S$0.0134 after repossessions
July 23, 2024
SABANA Industrial Real Estate Investment Trust (Sabana Reit) posted a distribution per unit (DPU) of S$0.0134 for the first half of its fiscal year ended Jun 30, 2024, down 16.8...
Bosch to buy Johnson Control’s air-conditioning assets in US billion deal
Bosch to buy Johnson Control’s air-conditioning assets in US$8 billion deal
July 23, 2024
It will also acquire full ownership of a joint venture with Hitachi, which includes the Japanese manufacturer’s 40% stakeENGINEERING company Robert Bosch plans to buy Johnson Controls International’s heating...
Forvia and BYD to bring Asian partnership to Europe
Forvia and BYD to bring Asian partnership to Europe
July 23, 2024
THE world’s seventh largest car parts supplier Forvia will bring its partnership with Chinese battery specialist and car maker BYD to Europe, it said on Tuesday (Jul 23). Forvia said...
Brokers’ take: RHB expects UOB’s valuation to provide downside support; raises target to S
Brokers’ take: RHB expects UOB’s valuation to provide downside support; raises target to S$32
July 23, 2024
Efforts to build up the bank’s wholesale platform look to be ‘bearing fruit’, RHB notesRHB on Tuesday (Jul 23) raised its target price on UOB to S$32 from S$30.10...
Singapore stocks rise at Tuesday’s open amid global rebound; STI up 0.5%
Singapore stocks rise at Tuesday’s open amid global rebound; STI up 0.5%
July 23, 2024
SINGAPORE stocks opened higher on Tuesday (Jul 23) following overnight gains in overseas markets after a shaky end last week. The Straits Times Index (STI) headed up 0.5 per...
Seatrium bags S0 million in repair and upgrades projects 
Seatrium bags S$180 million in repair and upgrades projects 
July 23, 2024
OFFSHORE and marine specialist Seatrium has secured S$180 million worth of contracts to repair and upgrade various kinds of vessels, said the company on Tuesday (Jul 23). All the...
As M&A volumes pick up steam, more companies eager to take on debt and risk
As M&A volumes pick up steam, more companies eager to take on debt and risk
July 22, 2024
A NEW wave of multibillion-dollar merger and acquisition (M&A) deals suggests that corporations are once again comfortable with taking on debt and, more significantly for investors, taking on risk...