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Sun Life Financial beats estimates on Asia growth, insurance sales
SUN Life Financial beat analyst estimates for fourth-quarter profit, boosted by momentum in its Asia business and strong sales of individual and group insurance policies. The Toronto-based insurer and...
Disney earnings top views on cost cuts, parks; shares climb
WALT Disney reported better-than-expected earnings for its fiscal first quarter and issued an upbeat profit outlook for the year, citing cost-cutting benefits and the strong performance of its international...
Worldline to lay off 8% of its workforce
FRENCH digital payments company Worldline said on Wednesday (Feb 7) it would cut its global workforce by around 8 per cent as part of a cost reduction plan initially...
Pan-United H2 net profit up 107% to S$20.4 million
READY-MIX concrete producer Pan-United Corporation on Wednesday (Feb 7) posted a net profit of S$20.4 million for the second half of its 2023 financial year ended Dec 31, up...
Apple is developing foldable clamshell iPhones: The Information
APPLE is building prototypes of at least two iPhones that fold widthwise like a clamshell, The Information reported on Wednesday (Feb 7), citing a person with direct knowledge of...
Uber expects strong core profit as ride share, food delivery pick up pace
UBER Technologies forecast quarterly core profit and gross bookings above estimates and reported market-beating results for the holiday quarter on Wednesday (Feb 7), fuelled by higher demand in its...
Crypto ransom attack payments hit record US$1 billion in 2023: Chainalysis
PAYMENTS from crypto-related ransom attacks nearly doubled to a record US$1 billion in 2023, blockchain analytics firm Chainalysis said on Wednesday (Feb 7). Scammers targeting institutions such as hospitals,...
US: Wall St opens higher; earnings, policy outlook in spotlight
WALL Street opened higher on Wednesday (Feb 7), with the S&P 500 hitting a fresh record high, boosted by megacap and chip stocks, while investors assessed major corporate earnings...
