Lifestyle
US FDA warns website over unlawful sale of weight-loss drugs
THE US Food and Drug Administration said on Tuesday (Jul 2) it had warned a website called ozempen.com against unlawfully selling versions of Novo Nordisk’s weight-loss drugs.
Surging demand has...
US Treasury yields boost greenback; yen weakens
RISING US yields supported the dollar on Tuesday (Jul 2), with low-yielding currencies such as Japan’s yen and China’s yuan feeling the pressure ahead of a speech by Federal...
Tesla beats estimates with less-drastic drop in EV sales
TESLA reported its second consecutive drop in quarterly deliveries, despite measures chief executive officer Elon Musk took to stem the decline.
The carmaker said on Tuesday (Jul 2) that it...
US: Wall St opens lower as megacaps retreat with jobs data, Powell in focus
Wall Street’s main indexes opened lower on Tuesday (Jul 2) as megacap stocks retreated after a strong session, with additional caution creeping in ahead of jobs opening data and...
One Asia Investment Partners’ ex-director jailed for bond misconduct
A FORMER fund manager and director at the now-defunct One Asia Investment Partners (OAIP) was on Tuesday (Jul 2) handed a six-month jail term for engaging in acts likely...
Britain’s Revolut surges to record profit as it seeks US$40 billion valuation
BRITISH fintech company Revolut made a record pretax profit of £438 million (S$753 million) in 2023 on strong user growth and soaring interest-related income, it said on Tuesday (Jul...
Qatar Airways posts 39% jump in annual profit to record 6.1 billion Qatari riyals
QATAR Airways posted a 39 per cent jump in annual net profit to a record 6.1 billion Qatari riyals (S$2.3 billion) on Tuesday (Jul 2).
Revenue grew by 6 per...
Jollibee Foods to take control of South Korea’s Compose Coffee in US$340 million deal
PHILIPPINE fast-food firm Jollibee Foods will acquire a majority stake in privately held Compose Coffee, a South Korean coffee chain, as part of a deal valuing the target at...
