Real Estate
Aston Martin’s Q2 profit beats market view on special model sales
BRITISH luxury carmaker Aston Martin reported forecast-beating second-quarter profits on Wednesday (Jul 24), powered by stronger sales to dealers of some exclusive models, as it reiterated guidance for hefty...
RHB initiates coverage on Elite UK Reit with ‘buy’ call
RHB has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with a “buy” recommendation and a target price of £0.31, which implies a yield of 11 per...
Deutsche Bank posts quarterly loss after big lawsuit provision
DEUTSCHE Bank posted a loss in the second quarter, it disclosed on Wednesday, its first in four years after setting aside 1.3 billion euros (S$1.9 billion) as a provision...
Farewell 3G: M1 to retire services from August; StarHub, Singtel from November
LOCAL mobile network operators will retire their 3G networks starting with M1 from August 2024, followed by Singtel and StarHub from November.The phase-out marks an end to the third...
Insolvent AusGroup proposes to delist from SGX
THE liquidators of AusGroup have applied for the company to be delisted from the Singapore Exchange (SGX). The beleaguered oilfield services provider was previously ordered by the Singapore High...
General Motors profits rise on strong North American sales
General Motors reported higher profits on Tuesday (Jul 23) behind another round of strong North American auto sales that compensated for continued weakness in China.The big US automaker’s second-quarter...
Kanpai to sustainable sake
THE gentle lilt of a flute fills a cramped second-storey space in Tokyo that houses a burbling vat of fermenting sake.The bacteria in the 670-litre tank will take more...
LVWH-backed L Catterton approaches Mattel with acquisition offer: sources
L CATTERTON, the private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar...
