Real Estate
United Airlines Q3 profit outlook disappoints amid industrywide discounting pressure
UNITED Airlines Holdings on Wednesday (Jul 17) forecast lower-than-expected profit in the current quarter as the industry grapples with excess seat capacity in the domestic market, which has undermined...
Europe: Stoxx 600 falls for third straight session as tech drags
EUROPEAN shares closed lower for a third straight day on Wednesday (Jul 17), with chip stocks sliding as investors remained wary of potential US-China trade tensions, with a focus...
Shell on selling its first-born in Singapore and its energy transition and growth plans
Its product range includes petroleum, lubricants and plastics, as well as cleaner fuels such as sustainable aviation fuel and LNGWHEN news broke of Shell’s sale of its assets on...
Yen jumps on suspected intervention, sterling hits one-year high
THE yen rose sharply on Wednesday (Jul 17) in what traders suspected was likely the result of another intervention from Japanese authorities to prop up the battered currency from...
ByteDance must keep gatekeeper label, EU court says in boost for regulators
TIKTOK owner ByteDance on Wednesday (Jul 17) lost its court challenge against its designation as a gatekeeper under landmark European Union rules, in a boost for antitrust regulators seeking...
South Korea’s SK Innovation agrees merger with SK E&S as part of overhaul
SK INNOVATION, parent of South Korea’s largest oil refiner and battery maker SK On, said on Wednesday (Jul 17) it will merge with energy affiliate SK E&S as the...
UOB cardholders to enjoy Woori Card privileges in South Korea
CARDHOLDERS of UOB and South Korean card company Woori Card will be able to enjoy card privileges from both companies under a reciprocal partnership.This comes as UOB on Wednesday...
HSBC names Georges Elhedery as next chief executive
HSBC has appointed its chief financial officer Georges Elhedery as its next CEO, the bank said on Wednesday (Jul 17), opting for continuity as it tries to kick-start growth.Elhedery,...
