Real Estate
Drugmaker Abbott India posts Q4 profit rise on higher sales
Indian drugmaker Abbott India reported a 24 per cent rise in fourth-quarter profit on Thursday (May 9), as strong sales outpaced the impact of government pricing caps on certain...
US: Wall St muted as weak earnings offset jobless claims relief
US stock indexes were muted at the open on Thursday (May 9) as a slate of downbeat earnings offset the impact of data that showed US weekly jobless claims...
F&N H1 net profit up 52.5% to S$83.8 million
BEVERAGE maker F&N : F99 0% reported a net profit of S$83.8 million for the first six months of its 2024 fiscal year ended March, a 52.5 per cent...
Warner Bros Discovery posts larger-than-expected loss on studio slump, weak ad market
WARNER Bros Discovery reported a larger-than-expected quarterly loss, as advertising sales slumped at its cable TV unit and the studio segment struggled with the twin effects of last year’s...
Nanjing Xinjiekou seeks shareholders’ support at AGM to emerge from ‘darkest chapter’ in Cordlife’s history
NANJING Xinjiekou Department Store is seeking the support of Cordlife shareholders to remove four directors from the board of the cord-blood bank, ahead of the group’s annual general meeting...
Tesla ramps up job cuts in China as sales slowdown bites
Tesla’S job cuts are escalating in China, according to people familiar with the matter, as Elon Musk contends with growing pressure to win back share in the world’s biggest...
Air India Express flights disrupted for second day after cabin crew call in sick
Tata Group’s budget carrier Air India Express said it had cancelled around a quarter of its flights on Thursday (May 9) and was taking “appropriate action” against cabin crew...
TPG raises US$8 billion for Asia-focused private equity, real estate funds
TPG raised around US$8 billion for its Asia-focused private equity and real estate funds, the global alternative asset manager said on Thursday (May 9).The fundraising takes TPG’s total Asia...
