Lifestyle

GE Aerospace sets tone with post-breakup profit goal, dividend
GE Aerospace sets tone with post-breakup profit goal, dividend
GENERAL Electric’s aerospace division is setting plans to return more of its profits to shareholders, including restoration of a significant dividend, as it accelerates earnings as an independent company....
Data points to Scoot raising seat capacity for China for Northern Summer: aviation consultancy
Data points to Scoot raising seat capacity for China for Northern Summer: aviation consultancy
SCOOT is intending to ramp up schedules for mainland China, with its seat capacity expected to peak in August for the Northern Summer 2024 season, noted Alton Aviation Consultancy...
Data points to Scoot raising capacity for China for Northern Summer: aviation consultancy
Data points to Scoot raising capacity for China for Northern Summer: aviation consultancy
SCOOT is intending to ramp up schedules for mainland China, with its seat capacity expected to peak in August for the Northern Summer 2024 season, noted Alton Aviation Consultancy...
Aviva’s profit up 9% for 2023, offers £300 million buyback
Aviva’s profit up 9% for 2023, offers £300 million buyback
BRITISH insurer Aviva reported a slightly better-than-expected 9 per cent rise in 2023 operating profit to £1.47 billion (S$2.5 billion) on Thursday (Mar 7), helped by strong performance in...
BOJ’s growing confidence in prices, wages point to end of negative interest rates
BOJ’s growing confidence in prices, wages point to end of negative interest rates
THE Bank of Japan’s (BOJ) governor and one of its board members said on Thursday (Mar 7) the economy was moving towards the central bank’s 2 per cent inflation...
UK ITV’s earnings drop 32% in tough ad market
UK ITV’s earnings drop 32% in tough ad market
BRITAIN’S ITV reported a 32 per cent drop in full-year adjusted operating profit to £489 million (S$833 million) on Thursday (Mar 7), reflecting a tough advertising market and investment...
Lufthansa doubles profit in 2023 as demand booms
Lufthansa doubles profit in 2023 as demand booms
GERMAN airline giant Lufthansa said Thursday (Mar 7) it had doubled profits in 2023 on booming demand, as the aviation sector extends a rebound from the coronavirus pandemic. The...
Tesla quits Australia auto lobby over claims on car emission standards
Tesla quits Australia auto lobby over claims on car emission standards
TESLA said on Thursday (Mar 7) it is quitting Australia’s major auto lobby and resigning from its board, accusing the group of misleading consumers over the government’s proposed fuel...
FTX reaches settlement with BlockFi, may pay up to US4 million
FTX reaches settlement with BlockFi, may pay up to US$874 million
BANKRUPT crypto companies FTX and BlockFi have resolved their disputes stemming from the companies’ collapses in 2022, with FTX agreeing to pay BlockFi up to US$874 million, according to...
US Senate bill targeting China’s BGI, WuXi AppTec moves forward
US Senate bill targeting China’s BGI, WuXi AppTec moves forward
THE United States Senate’s homeland security committee voted on Wednesday (Mar 6) to approve a bill that could restrict business with Chinese biotech companies such as BGI and WuXi...