Lifestyle

Binance founder Zhao Changpeng gets 4 months in prison
Binance founder Zhao Changpeng gets 4 months in prison
May 1, 2024
Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.Zhao,...
Starbucks points to weaker consumer as profit falls
Starbucks points to weaker consumer as profit falls
April 30, 2024
Starbucks reported lower profits on falling sales on Tuesday (Apr 30) as the coffee giant pointed to weakening consumer sentiment and lacklustre conditions in China as factors behind an...
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
April 30, 2024
European shares closed lower on Tuesday (Apr 30) weighed by a bleak raft of earnings reports from the region’s top car makers, while investors also assessed a possible merger...
Proposed rules on shareholder-requisitioned meetings can reduce uncertainty
Proposed rules on shareholder-requisitioned meetings can reduce uncertainty
April 30, 2024
THE Singapore Exchange Regulation (SGX RegCo) proposed new rules last week that would require listed issuers to facilitate shareholder-requisitioned meetings so that such meetings take place as soon as...
Canada’s economic growth misses estimates, boosting chances of rate cut
Canada’s economic growth misses estimates, boosting chances of rate cut
April 30, 2024
Canada’s economy likely weakened in the first quarter, data from Statistics Canada showed on Tuesday (Apr 30), bolstering expectations that the Canadian central bank would have more reason to...
Japfa posts US.4 million Q1 profit, reversing from year-ago loss of US million
Japfa posts US$12.4 million Q1 profit, reversing from year-ago loss of US$43 million
April 30, 2024
AGRI-FOOD company Japfa : UD2 0% recorded a profit of US$12.4 million for the first quarter ended Mar 31, 2024, a reversal from a US$43 million loss in the...
Walmart to shut all health centers in US over lack of profitability
Walmart to shut all health centers in US over lack of profitability
April 30, 2024
WALMART plans to close all 51 of its health centres across five states in the US as well as its telehealth operations, the company said on Tuesday (Apr 30),...
OCBC should be seen as ‘financial conglomerate’ unlike local banking peers, says chairman
OCBC should be seen as ‘financial conglomerate’ unlike local banking peers, says chairman
April 30, 2024
OCBC should be seen as a financial conglomerate of many parts, setting it apart from the other two local banks in Singapore, said its chairman Andrew Lee. Speaking at...
Coca-Cola raises annual sales forecast on global demand, higher prices
Coca-Cola raises annual sales forecast on global demand, higher prices
April 30, 2024
COCA-Cola raised its annual organic sales forecast on Tuesday (Apr 30) after beating first-quarter revenue and profit expectations as customers shell out more money for its pricey sodas and...
Huawei profit surges 564% as it eclipses Apple in China
Huawei profit surges 564% as it eclipses Apple in China
April 30, 2024
Huawei Technologies’ profit rose for the fourth consecutive quarter, a sign the Chinese tech company is taking market share from Apple and other smartphone rivals. The Shenzhen-based company reported net...