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 ...
Tag: Billion
Zheneng Jinjiang H2 profit plummets on impairment loss, revenue down 18.8% to 1.8 billion yuan
ZHENENG Jinjiang Environment posted a net profit of 15.3 million Chinese yuan (S$2.9 million) for the second half ended Dec ...
Swisscom in advanced talks to buy Vodafone Italia for US$8.7 billion
SWISSCOM said on Wednesday (Feb 28) it was in exclusive talks to buy all of Vodafone Italia for US$8.7 billion ...
Swisscom in advanced talks to buy Vodafone Italia for US$8.7 billion
SWISSCOM said on Wednesday (Feb 28) it was in exclusive talks to buy all of Vodafone Italia for US$8.7 billion ...
OCBC posts record S$7.02 billion earnings for FY2023; expects lower NIMs, slow loan growth in 2024
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a ...
China’s CDH in talks to buy minority stake in US$1.7 billion Vietnam grocery chain: sources
CHINA’S CDH Investments is in advanced talks to buy a minority stake in Bach Hoa Xanh (BHX) from Vietnam retailer ...
CDL net profit drops 75% to S$317.3 million for 2023, targets S$1 billion in divestments
CITY Developments Ltd’s (CDL) net profit dropped 75 per cent to S$317.3 million in 2023, as higher financing costs ate ...
OCBC Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend
OCBC’s net profit for the fourth quarter ended Dec 31, 2023 gained 12 per cent to S$1.62 billion from S$1.44 ...
Yanlord records H2 loss of 2 billion yuan; FY23 ‘exceptionally unusual’ with China’s real estate credit crisis, CEO says
CHINESE property developer Yanlord Land Group sank into the red with a net loss of two billion Chinese yuan (S$378.9 ...
Barclays to sell US$1.1 billion of US credit card debt to Blackstone
BARCLAYS has agreed to sell about US$1.1 billion of credit card debt in the United States to Blackstone, in a ...
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