Real Estate
Lufthansa, Air France-KLM to cut costs after tough first quarter
Two of Europe’s top airline groups, Lufthansa and Air France-KLM, announced plans to cut costs after reporting wider first-quarter losses on Tuesday (Apr 30) as they faced high customer...
Australian budget airline Bonza collapses, passengers stranded
AUSTRALIAN budget airline Bonza entered voluntary administration on Tuesday (Apr 30), regulatory filings showed, as the company suspended all flights, stranding passengers amid reports its fleet had been repossessed...
Glencore now sees FY trading division profit between US$3 billion-US$3.5 billion
Glencore expects profit at its trading division this year to be at the top end of its long-term annual guidance, in an elevated interest rate and high commodity price...
AIA launches wealth centre targeting high-net-worth clients
AIA Singapore launched a wealth centre dedicated to serving high-net-worth (HNW) individuals and family on Tuesday (Apr 30), in response to the projected surge in Asia’s affluent population.Located at...
Cromwell E-Reit posts 10.2% drop in indicative Q1 DPU to 3.505 euro cents
CROMWELL European Real Estate Investment Trust : CWBU 0% (Cromwell E-Reit) on Tuesday (Apr 30) posted an indicative distribution per unit (DPU) of 3.505 euro cents for the first...
Microsoft to invest US$1.7 billion in cloud, AI in Indonesia: CEO
[JAKARTA] Tech giant Microsoft will invest US$1.7 billion over the next four years to enhance its hyperscale cloud computing and artificial intelligence (AI) infrastructure in Indonesia, marking the largest...
Singapore Airlines could post highest-ever earnings of about S$2.7 billion for FY2024, says analyst
SINGAPORE Airlines (SIA) : C6L 0% might post its highest-ever net profit of almost S$2.7 billion for FY2024 and reward shareholders with a final dividend of S$0.38 a share,...