Real Estate

BHP launches major worldwide restructuring: Australian report
BHP launches major worldwide restructuring: Australian report
February 29, 2024
BHP Group, the world’s biggest miner, has embarked on a major restructuring of its global business, affecting units from mine planning to decarbonisation and heritage protection, according to a...
Kodak disbands team managing US billion of pension investments
Kodak disbands team managing US$4 billion of pension investments
February 28, 2024
EASTMAN Kodak is disbanding a team that manages the firm’s US$4 billion of pension investments, according to sources with knowledge of the matter. The former giant of the photography...
Rolex sales top US billion in 2023 as luxury watchmaker gains ground
Rolex sales top US$10 billion in 2023 as luxury watchmaker gains ground
February 28, 2024
ROLEX sales crested US$10 billion for the first time as the top Swiss watch brand gained market share, according to a report by Morgan Stanley. The dominant Swiss luxury...
Oil gains on potential Opec+ cuts, curbed by jump in US crude stocks
Oil gains on potential Opec+ cuts, curbed by jump in US crude stocks
February 28, 2024
OIL prices rose marginally on Wednesday as the prospect of delays to US interest rate cuts and a higher-than expected rise in US crude stocks offset support from a potential...
US: Stocks dip ahead of key inflation report
US: Stocks dip ahead of key inflation report
February 28, 2024
WALL Street stocks slipped on Wednesday ahead of inflation data expected to influence the Federal Reserve’s upcoming policy decisions. The personal consumption expenditures (PCE) price index for January, which will be...
Future-proofing businesses through a reimagined tax approach
Future-proofing businesses through a reimagined tax approach
February 28, 2024
EVOLVING regulatory changes, a changing workforce, and emerging technologies are among the many challenges that companies are facing today. Tax professionals, in particular, face immense pressure as they seek...
Reliance, Disney to merge India media assets to create US.5 billion powerhouse
Reliance, Disney to merge India media assets to create US$8.5 billion powerhouse
February 28, 2024
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
US: Wall St opens lower on caution ahead of inflation data
February 28, 2024
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
Airlines had their safest year on record in 2023: Iata
February 28, 2024
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 S4.8 million, powered by demand for specialised accommodation
Centurion H2 net profit up 198% to S$114.8 million, powered by demand for specialised accommodation
February 28, 2024
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...