Lifestyle
Keppel DC Reit posts 9.9% drop in H1 DPU to S$0.04549
KEPPEL DC Reit posted a 9.9 per cent year-on-year decrease in distribution per unit (DPU) to S$0.04549 for the first half of the financial year ended Jun 30, from...
Ray-Ban maker EssilorLuxottica confirms Meta interested in stake
ESSILORLUXOTTICA confirmed Meta Platforms is interested in buying a stake in the world’s biggest eyewear maker.Chief executive officer Francesco Milleri said that the US tech giant intends to become...
First Sponsor H1 net profit climbs 12.4% to S$11.9 million
FIRST Sponsor Group on Thursday evening (Jul 25) reported a net profit of S$11.9 million for the half year ended Jun 30, up 12.4 per cent from S$10.6 million...
CATL supplier Lopal said to seek US$200 million for Indonesia unit
JIANGSU Lopal Tech is considering raising about US$200 million for its Indonesian unit as it ramps up local production of materials used in electric-vehicle batteries, according to people familiar...
Nasdaq profit beats estimates as fintech sales soar
Revenue from its financial technology unit soared nearly 79 per cent to US$420 million in the second quarterNasdaq beat estimates for second-quarter profit on Thursday (Jul 25), driven mainly...
Nestle, Unilever sales disappoint as consumers remain wary of high prices
Nestle and Unilever may be raising prices more slowly, but it has not been enough to win back some cost-conscious customers, with the consumer goods giants delivering disappointing first-half...
Bank of England allots record £30 billion in weekly repo
THE Bank of England allotted a record £30.359 billion (US$39 billion) on Thursday (Jul 25) in its weekly short-term repo, which is designed to smooth out volatility in sterling...
UK’s biggest investor LGIM ditches Trump trade on Biden drop out
LEGAL & General Investment Management (LGIM) is bailing on a bet that the Treasury curve will steepen, saying President Joe Biden’s exit from the US election race reduces the...
