Real Estate
Deutsche Bank settles longest-running claim over Postbank
The bank also said it would reduce by 430 million euros the provisions it had set aside for potential future payoutsDeutsche Bank has reached a settlement in its longest-running...
Part of Airbus A350 fleet faces inspection, regulator says
A Zurich-bound jet was forced to return to Hong Kong on Monday after an engine problem, later traced to a fuel leakAt least part of Airbus’s A350 fleet will...
Chinese EV maker Nio narrows Q2 loss on improved vehicle sales
Nio expects to deliver between 61,000 and 63,000 vehicles in the third quarter of FY2024CHINESE electric vehicle (EV) maker Nio narrowed its second-quarter loss for FY2024 by 16.7 per...
Historical benchmark should be used to calculate losses owed by True Group’s ex-CEO: High Court
THE losses that former True Group chief executive officer Patrick Wee owes to the fitness chain should be calculated with reference to past performance and not internal budgets, Singapore’s...
Seven & i to ask Couche-Tard to reconsider ‘inadequate’ offer: source
JAPANESE retail giant Seven & i will inform Canada’s Alimentation Couche-Tard that its takeover bid price is “inadequate”, a source familiar with the matter said on Thursday (Sep 5).
Seven...
Petronas posts lower first-half profit despite rise in crude
The drop in net income was “primarily due to the deconsolidation of subsidiaries and higher taxation” Malaysia’s national oil company Petroliam Nasional posted a 19 per cent decline in...
Singapore shares gain amid mixed regional showing; STI inches up 0.5%
SINGAPORE shares closed up on Thursday (Sep 5), even as regional bourses ended the day mixed.The benchmark Straits Times Index (STI) rose 0.5 per cent or 17.28 points to...
