Lifestyle
Healthcare providers hit by frozen payments in ransomware outage
HEALTHCARE providers across the US are struggling to get paid following the week-long ransomware outage at a key tech unit of UnitedHealth Group, with some smaller providers saying they...
Straco returns to black in H2 with S$19.3 million net profit on easing of China’s Covid measures
TOURISM facilities operator Straco Corporation on Thursday (Feb 29) recorded a net profit of S$19.3 million for the second half of 2023, reversing from a S$2.3 million net loss...
Frasers Centrepoint Trust to be added to Straits Times Index on Mar 18; Emperador dropped
FRASERS Centrepoint Trust will be added to the Strait Times Index (STI), Singapore’s main stock market benchmark, on Mar 18, replacing Philippine liquor giant Emperador. The outcome of the...
Centurion sees robust demand for worker dorms but warns rents not expected to keep rising
MAINBOARD-LISTED Centurion Corp will benefit from robust demand for worker beds, but its chief executive officer cautioned that rents “will not keep going up”.Rental rates across the market have...
ComfortDelGro H2 net profit up 76.5% as core public transport, taxi, private hire takings grow
TRANSPORT operator ComfortDelGro on Thursday (Feb 29) announced a net profit of S$102 million for the second half of 2023, up 76.5 per cent from S$57.8 million in the...
British Airways owner says 2023 profit soars six-fold
BRITISH Airways parent IAG announced on Thursday (Feb 29) that net profit surged six-fold last year, boosted by “strong” demand particularly from leisure travellers as the bounceback from Covid...
TSMC elevates two veterans to COO in succession move
Taiwan Semiconductor Manufacturing Co (TSMC) promoted two senior executives to share chief operating officer responsibilities, heralding a new generation of leaders at the world’s largest contract chipmaker. The chip...
LSEG confirms £1 billion buyback after in-line 2023 earnings
LONDON Stock Exchange Group (LSEG) reported preliminary full year income for 2023 at the higher end of guidance, and confirmed plans to buy £1 billion (S$1.7 billion) in shares...