Lifestyle
Bosch to buy Johnson Control’s air-conditioning assets in US$8 billion deal
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
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$32
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 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 S$180 million in repair and upgrades projects
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
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...
US dollar gains slightly on safe-haven bids after Biden ends re-election campaign
THE greenback was slightly higher on Monday (Jul 22), capturing some safe-haven flows, as investors digested US President Joe Biden’s decision to end his re-election campaign, which is expected...
Ryanair quarterly profit plummets as customers baulk at higher fares
The airline is struggling to sell its higher-priced tickets after removing lower-priced fares for last-minute ordersLOW-COST carrier Ryanair’s profits slumped by almost half in the three months to the...
