Lifestyle
GSK profit drops in first quarter on higher costs
BRITISH drugmaker GlaxoSmithKline (GSK) on Wednesday (May 1) said its net profit fell 23 per cent in the first quarter as the company faced higher exceptional costs compared with...
GSK profit drops 23% in Q1 on higher costs
BRITISH drugmaker GlaxoSmithKline (GSK) on Wednesday (May 1) said that its net profit fell 23 per cent in the first quarter as the company faced higher exceptional costs compared...
Amazon’s Twitch starts rival to TikTok in short-form video
Amazon.com’s livestreaming site Twitch launched its own short-form video platform, a week after passage of a law that threatens the future of the social-media service TikTok in the US.Creators...
Binance founder Zhao Changpeng gets 4 months in prison
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 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
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
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 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...
