Lifestyle

Keppel Infrastructure Trust obtains a S million loan
Keppel Infrastructure Trust obtains a S$50 million loan
June 28, 2024
Keppel Infrastructure Trust has obtained a loan of S$50 million, its trustee-manager Keppel Infrastructure Fund Management said on Friday (Jun 28).Unlike the sustainability-linked loan of S$612.5 million that it...
Citigroup urges dismissal of ex-managing director’s whistleblower lawsuit
Citigroup urges dismissal of ex-managing director’s whistleblower lawsuit
June 28, 2024
CITIGROUP urged a judge to dismiss a lawsuit by a former managing director who accused the bank of firing her in retaliation for refusing to give regulators false information.The...
Trump Media shares climb after Biden’s faltering show in first presidential debate
Trump Media shares climb after Biden’s faltering show in first presidential debate
June 28, 2024
SHARES of Trump Media & Technology Group rose more than 6 per cent on Friday (Jun 28) after President Joe Biden’s faltering performance against Republican rival Donald Trump at...
Del Monte posts higher loss for Q4 FY2024, expects less red ink for FY2025
Del Monte posts higher loss for Q4 FY2024, expects less red ink for FY2025
June 28, 2024
PHILIPPINE food and beverage manufacturer Del Monte Pacific was deeper in the red with a net loss of US$76.7 million for the fourth quarter of FY2024 to April, compared with...
Microsoft’s US billion OpenAI pact faces extra EU scrutiny
Microsoft’s US$13 billion OpenAI pact faces extra EU scrutiny
June 28, 2024
MICROSOFT’S US$13 billion investment into OpenAI is set to come under added scrutiny from European Union’s (EU) antitrust watchdogs, who are poised to quiz rivals about the AI firm’s...
GSH Corporation opens 200-room upper-upscale hotel in Chongqing
GSH Corporation opens 200-room upper-upscale hotel in Chongqing
June 28, 2024
The development is part of the group’s first integrated hotel and residential project in ChinaGSH Corporation has officially opened its first upper-upscale hotel in Chongqing, China.The development is part...
Aircraft delivery delays having ‘brutal’ impact on Lufthansa: CEO
Aircraft delivery delays having ‘brutal’ impact on Lufthansa: CEO
June 28, 2024
AIRCRAFT delivery issues are having a “brutal” impact on Lufthansa and will not be resolved before the end of the decade, according to CEO Carsten Spohr.Speaking at the business...
China Three Gorges invests US billion in desert power projects
China Three Gorges invests US$11 billion in desert power projects
June 28, 2024
The firm will construct a 16-gigawatt project that integrates renewable power and coal, combined with a 5-gigawatt storage facilityChina Three Gorges Renewables Group, a unit of the country’s biggest...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Ringgit rebound set to ride on recovering exports, Fed rate cuts
June 28, 2024
Bank Negara Malaysia says the ringgit has “significant potential to appreciate and be among the top beneficiaries of US rate cuts”The Malaysian ringgit is set to extend gains into...
SoftBank raises US.86 billion overseas as it boosts AI bets
SoftBank raises US$1.86 billion overseas as it boosts AI bets
June 28, 2024
SOFTBANK Group raised about US$1.86 billion via US dollar and euro bond sales in its first foreign currency debt deal since 2021, as the Japanese tech firm moves to...