Lifestyle
Singtel’s Philippine JV valuation doubles to US$5 billion on Ayala and MUFG investments
Philippine conglomerate to raise stake in Mynt to 13%; Japan’s financial giant will acquire 8% stake GLOBE Fintech Innovations, otherwise known as Mynt, has secured new investments that have...
Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet
INTEL said on Thursday it would cut more than 15 per cent of its workforce and suspend its dividend starting in the fourth quarter as the chipmaker pursues a...
Seatrium marks turnaround with H1 net profit of S$36 million
OFFSHORE and marine specialist Seatrium on Friday (Aug 2) marked its turnaround with a net profit of S$36 million for the first half ended Jun 30, reversing from a...
Amazon’s quarterly profit doubles as cloud business grows
AMAZON reported on Thursday its profit in the recently ended quarter doubled to US$13.5 billion with the help of renewed momentum of its AWS cloud computing business.The e-commerce giant’s...
Frasers Hospitality Trust reports mixed RevPAR performance across markets in 9M FY2024
FRASERS Hospitality Trust (FHT) had mixed performance in revenue per available room (RevPAR) across its markets for the nine months ended June, indicated its business update on Thursday (Aug...
Thomson Reuters raises sales forecast as earnings top estimates
THOMSON Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday (Aug 1) as revenue rose 6 per cent and it continued to aggressively deploy artificial intelligence technology...