Real Estate
Unilever India misses profit estimate as low demand persists
HINDUSTAN Unilever, India’s biggest household products maker, reported second-quarter profit that missed expectations amid a lingering spell of weak demand for consumer goods.The Indian unit of Unilever saw net...
Singapore shares open higher on Thursday; STI up 0.3%
SINGAPORE shares began Thursday (Oct 24) trading in positive territory as overseas markets saw losses overnight.As at 9.01 am, the Straits Times Index (STI) was up 0.3 per cent...
Apple sharply cuts back on Vision Pro production: report
APPLE has sharply scaled back its Vision Pro production since early summer and could stop making the existing version of the mixed reality headset by year-end, The Information reported...
Whirlpool reaffirms forecast despite pre-election sales slump
WHIRLPOOL, the owner of Maytag, rose in late trading on Wednesday (Oct 23) after reporting better than expected earnings, and reaffirming its full-year sales forecast.The results show that things...
Tesla surprises with forecasts for sales and deliveries, shares jump
TESLA CEO Elon Musk said on Wednesday (Oct 23) that he expects 20 to 30 per cent vehicle growth next year, sending the company’s shares up 11 per cent...
Hilton cuts 2024 room revenue growth forecast on slowing consumer spending
HILTON Worldwide lowered its annual room revenue growth and net income forecasts as steady demand in Europe and business travel were not enough to counter a fall in demand...
OUE Reit Q3 net property income drops 3.7% to S$60.3 million
OUE Real Estate Investment Trust (Reit) reported a 3.7 per cent dip in net property income in the third quarter to S$60.3 million, from S$62.7 million in the year-ago...
Boeing CEO presses turnaround as loss balloons to US$6 billion
BOEING CEO Kelly Ortberg laid out a turnaround plan on Wednesday (Oct 23), calling for a “fundamental culture change” at the struggling planemaker as its quarterly losses surged to...
