Lifestyle

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...
Brokers’ take: Analysts upgrade iFast’s rating on higher growth expectations
Brokers’ take: Analysts upgrade iFast’s rating on higher growth expectations
April 30, 2024
ANALYSTS have upgraded their ratings on iFast Corporation : AIY 0% as they project the financial services company to deliver stronger growth in the fiscal years ahead. In a report...
Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2
Stellantis misses forecasts with 12% revenue drop in Q1, sees stronger H2
April 30, 2024
STELLANTIS on Tuesday (Apr 30) missed expectations with a 12 per cent drop for its first quarter revenue, sending shares down, but said it was confident new models would...
Lufthansa to cut costs, stop projects as strikes hurt profit
Lufthansa to cut costs, stop projects as strikes hurt profit
April 30, 2024
Deutsche Lufthansa said it will initiate a cost-cutting drive at the namesake airline business that includes freezing projects and review hiring in some areas after Europe’s largest carrier was...