Real Estate
First Resources H1 profit rises 45.4% to US$103.9 million
It attributes the better financial performance to higher production volumes and improved processing marginsFIRST Resources announced on Wednesday (Aug 14) a net profit of US$103.9 million for the first...
Carlsberg sees higher profit as cost cuts offset weak demand
CARLSBERG increased its profit growth outlook for the year as cost controls helped the Danish brewer to offset weaker consumer demand.Organic operating profit will rise between 4 per cent...
Nvidia rebound adds US$420 billion market value in four days
IT’S been a rough six weeks for Nvidia shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility....
Nvidia rebound adds US$420 billion market value in four days
IT’S been a rough six weeks for Nvidia shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility....
Starbucks names Brian Niccol as CEO, replacing Narasimhan
The abrupt leadership shakeup comes after activist investors Elliott Investment Management and Starboard Value reportedly amassed stakes in the companyStarbucks has named Chipotle Mexican Grill chief executive officer Brian...
Halcyon Agri’s H1 loss narrows to US$21.8 million
RUBBER producer Halcyon Agri posted a loss of US$21.8 million for the six months ended June 2024. This was compared to a loss of US$62.1 million in the year-ago...
Sea posts US$79.9 million Q2 profit, beating estimates
GAMING and e-commerce player Sea on Tuesday (Aug 13) posted a net profit of US$79.9 million for the three months ended Jun 30, down 75.9 per cent from US$331...
China new loans drop more than expected in July on weak demand
CHINA’S bank lending tumbled more than expected in July, dragged down by tepid credit demand and seasonal factors even as the central bank vowed to step up policy support...
