Lifestyle
Geo Energy to recover US$18 million in outstanding receivables after sale of creditor’s rights
The move, which is accretive to the group’s cash flow, will provide financial certaintyINDONESIAN coal producer Geo Energy Resources on Monday (Jun 24) said it agreed to sell certain...
Food Empire to issue up to US$40 million in redeemable exchangeable notes
FOOD and beverage manufacturer Food Empire signed a non-binding term sheet to issue Asean private equity fund manager Ikhlas Capital Singapore up to US$40 million in redeemable exchangeable notes.Ikhlas...
Australia’s Star Entertainment sees FY profit fall; appoints acting CEO
AUSTRALIA’S Star Entertainment Group said on Monday (Jun 24) it expects its fiscal 2024 normalised group EBITDA to be in the range of A$165 million (S$148 million) to A$180...
Cosmetics chain Sa Sa plans Asia expansion to escape Hong Kong slump
HONG Kong’s biggest cosmetics chain, Sa Sa International Holdings, is planning to further expand in mainland China and South-east Asia, to help make up for the sluggish post-Covid recovery...
US prosecutors recommend Justice Department criminally charge Boeing as deadline looms
US prosecutors are recommending to senior Justice Department (DOJ) officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes,...
Nvidia to launch in Middle East amid US curbs on AI exports to region, Ooredoo CEO says
NVIDIA has signed a deal to deploy its artificial intelligence (AI) technology at data centres owned by Qatari telecoms group Ooredoo in five Middle Eastern countries, Ooredoo’s CEO said.The...
Apple and Meta have discussed AI partnership: report
FACEBOOK parent Meta Platforms has discussed integrating its generative artificial intelligence (AI) model into Apple’s recently announced AI system for iPhones, The Wall Street Journal reported on Sunday (Jun...
Crude palm oil futures set for gradual ascent
The benchmark active Malaysian crude palm oil futures contract experienced a notable decline after reaching RM4,443 per metric tonne in early April. This came after the breakout of a...
