Real Estate
US says Boeing breached 2021 deferred prosecution 737 MAX agreement
The US Justice Department said late on Tuesday that Boeing had breached its obligations in a 2021 agreement that shielded the planemaker from criminal prosecution over fatal 737 MAX crashes in...
Europe: Shares close at record high; Delivery Hero soars
EUROPEAN shares closed at a record high on Tuesday, with German’s Delivery Hero notching its biggest jump on record on the sale of its Taiwan foodpanda business, while the outlook...
Japan’s megabanks, PE market see greater interest from investors amid stock boom
MORE investors interested in the Japan market are eyeing the private equity market and “megabanks”, which are likely to see gains in light of recent regulatory reforms in the...
Anglo American explores De Beers IPO as part of break-up, sources say
Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday (May 14), with London the...
India’s Bharti Airtel posts Q4 revenue miss on currency devaluation in Africa
INDIAN telecom operator Bharti Airtel reported fourth-quarter revenue below expectations on Tuesday (May 14), hurt by currency devaluation in Africa.
India’s second-ranked telecom carrier by subscribers said consolidated revenue from...
ComfortDelGro posts 23.8 per cent rise in net profit on higher fees and fares
LAND transport conglomerate ComfortDelGro : C52 0% on Tuesday (May 14) posted a 23.8 per cent rise in year-on-year profit after tax and minority interests (Patmi) to S$40.6 million...
Stellantis takes on China budget EVs with Leapmotor sales in Europe
STELLANTIS will take on China’s budget electric vehicle (EV) players in Europe with two models from Chinese joint venture (JV) partner Leapmotor starting in September and other regions to...
Electric vehicle sales in UK on the rise, but still short of official targets
[LONDON] Sales of electric cars are on the rise in the UK, although the numbers are still well short of the government’s official targets as part of the national...