Real Estate
Reliance, Disney to merge India media assets to create US$8.5 billion powerhouse
INDIA’S top conglomerate Reliance Industries and Walt Disney on Wednesday (Feb 28) announced the merger of their India TV and streaming media assets, creating an US$8.5 billion entertainment juggernaut...
US: Wall St opens lower on caution ahead of inflation data
Wall Street’s main indexes opened lower on Wednesday (Feb 28) ahead of an inflation reading later in the week that would influence bets on when the Federal Reserve will...
Airlines had their safest year on record in 2023: Iata
LAST year was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said on Wednesday (Feb 28). The only fatal...
Centurion H2 net profit up 198% to S$114.8 million, powered by demand for specialised accommodation
SPECIALISED accommodation assets operator Centurion Corporation reported a net profit of S$114.8 million for the six months ended Dec 31, 2023, a 198 per cent jump from S$38.5 million...
Canada’s RBC beats profit estimates boosted by higher interest income
CANADA’S No 1 lender Royal Bank of Canada on Wednesday (Feb 28) beat analysts’ estimates for quarterly profit as higher interest rates helped the bank earn more on its...
ASML reaches ‘first light’ milestone on first High NA EUV tool
ASML has reached “first light” on its massive new High NA EUV lithography system, the Dutch semiconductor equipment maker confirmed on Wednesday (Feb 28), a milestone that means the...
UMS Q4 earnings fall 3% to S$15.7 million on lower semiconductor sales
SEMICONDUCTOR manufacturer UMS Holdings on Wednesday (Feb 28) recorded a net profit of S$15.7 million for the fourth quarter ended Dec 31, 2023, dipping 3 per cent from the...
Nissan plans 2027 driverless ride-share service for ageing Japan
NISSAN Motor is planning an autonomous vehicle ride-share service for Japan in three years to address a dearth of taxi drivers amid the nation’s greying population. The company, which...
