Increases
Spotify forecasts profit above estimates on subscriber growth, price increases
In the fourth quarter, premium subscribers rose 11 per cent to 263 million, compared with Visible Alpha estimates of 260 million. SPOTIFY forecast first-quarter profit above market estimates on...
OUE Reit’s H2 DPU increases 8.7% to S$0.0113 – The Business Times
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its financial year ended Dec 31,...
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
THE Asian Development Bank (ADB) will increase its climate-related lending by up to US$7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans,...
Tesla increases wages for staff at German gigafactory by 4%
TESLA has raised the wages of all employees at its German gigafactory outside Berlin by 4 per cent since the start of November, the US electric carmaker said on...
Visa increases AI fight against fraud with Featurespace purchase
VISA has signed an agreement to acquire real-time artificial intelligence (AI) payments protection company Featurespace, marking the credit-card giant’s latest move in bolstering its fraud and financial crime risk...
Australian regulator increases capital add-on requirement for ANZ to A$750 million
AUSTRALIAN prudential regulator on Friday (Aug 23) said it has increased the capital add-on requirement for lender ANZ Group to A$750 million (S$658.5 million), reflecting escalating worries about the...
China Aviation Oil H1 profit doubles to US$42.4 million on oil price, business volume increases
JET fuel buyer China Aviation Oil (CAO) posted a net profit of US$42.4 million for the first half ended Jun 30, a 114.8 per cent year-on-year leap from US$19.7...
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