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Google hit with 2.1 billion euro lawsuit by Axel Springer, other media groups
ALPHABET’S Google was hit with a 2.1-billion-euro (S$3.1 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday (Feb 28), alleging that they had suffered losses...
Worldline takes 1.15 billion-euro hit from merchant services write down
FRENCH payment company Worldline on Wednesday (Feb 28) posted a 6 per cent rise in full-year revenue, but reported a net loss group share after it took a 1.15...
Aston Martin annual losses narrow as prices hit record levels
ASTON Martin’s annual losses more than halved in 2023, coming in smaller than market expectations, after selling prices reached record levels as the British luxury carmaker delivered its Valkyrie...
US corporate bond sales hit US$153 billion in February record
BLUE-CHIP companies in the United States sold a record US$172 billion of bonds in February after falling yields spurred investors to buy debt and pushed companies to take advantage...
Boeing hit by damning FAA report faulting safety culture
UNITED States regulators issued a scathing assessment of Boeing’s safety culture, putting further pressure on the company as it contends with the fallout from a near-catastrophic accident at the...
‘Next Tesla’ Electric Car Startups Hit Demand Speed Bumps | Entrepreneur
Even though a record 1.2 million electric vehicles were sold in the U.S. last year, the reality of the EV market isn't meeting industry expectations. EV growth has slowed...
Ho Bee Land’s H2 net loss of S$102.7 million extends losing streak on hit from London portfolio
REAL estate developer Ho Bee Land reported a net loss of S$102.7 million for the six months ended Dec 31, 2023, reversing a net profit of S$16.4 million in...
Ho Bee Land’s H2 net loss of S$104.1 million extends losing streak on hit from London portfolio
REAL estate developer Ho Bee Land reported a net loss of S$104.1 million for the six months ended Dec 31, 2023, reversing a net profit of S$16 million in...