Real Estate
Under Armour forecasts downbeat annual sales and profit, shares slump
UNDER Armour forecast a surprise drop in annual sales and projected profit below analysts’ estimates on Thursday (May 16), as the apparel maker laid out a plan to simplify...
Centurion JV leases 15 floors of Hong Kong building for student accommodation business
A JOINT venture of Centurion Corporation : OU8 0% has leased 15 floors of a building in Hong Kong from Golden Well Development, with the intention of using the...
BT jumps after new CEO aims to double free cash flow, focus on UK
The new boss of BT set out a path to more than double free cash flow over the next five years and potentially dispose of its global enterprise business...
Singapore Airlines might not yield another 24% rise in earnings for FY2025
SINGAPORE Airlines (SIA) : C6L 0% might not post the spectacular increase in its FY2024 earnings in the year ahead, as rising industry capacity would continue to exert downward...
Microsoft asks hundreds of China staff to relocate, WSJ reports
MICROSOFT is asking about 700 to 800 people in its China-based cloud computing and artificial intelligence (AI) operations to consider transferring outside the country, The Wall Street Journal (WSJ)...
More companies are selling shares to help cut debt
WHEN Metals Acquisition bought a copper mine in Australia from Glencore for almost US$900 million upfront in 2023, it turned to the debt markets to help fund the purchase.With...
ADDX launches fixed income marketplace and digitised bond programme
PRIVATE market exchange ADDX has launched its blockchain-based ADDX Fixed Income Marketplace (ADDX FI) alongside a multi-issuer debt issuance programme for companies to issue digitised commercial paper and bonds....
Disney has dramatically cut traditional TV spending, CEO says
WALT Disney has cut its investment in programming for traditional television networks pretty dramatically as part of its strategy to maximise audiences and profit in the streaming TV era,...
