Million
FTX reaches settlement with BlockFi, may pay up to US$874 million
BANKRUPT crypto companies FTX and BlockFi have resolved their disputes stemming from the companies’ collapses in 2022, with FTX agreeing to pay BlockFi up to US$874 million, according to...
TDCX’s Q4 profit rises 27.8% to S$32 million on higher margins
NEW York-listed digital customer solutions provider TDCX posted a net profit of S$32 million for its fourth quarter ended December 2023, up 27.8 per cent from S$25 million in...
China’s Antfin sells Zomato stake worth US$341.5 million
CHINA’S Antfin sold a 2.1 per cent stake in Indian food delivery platform Zomato worth US$341.5 million on Wednesday (Mar 6), stock exchange data showed. The stake sale comes...
China’s Antfin sells Zomato stake worth US$341.5 million
CHINA’S Antfin sold a 2.1 per cent stake in Indian food delivery platform Zomato worth US$341.5 million on Wednesday (Mar 6), stock exchange data showed. The stake sale comes...
UK to offer record £800 million support for offshore wind farms
BRITAIN will offer record support for new offshore wind farms in an upcoming auction as the government tries to make up ground after the process failed to draw any...
DBS chief Piyush Gupta’s 2023 salary down 27% at S$11.2 million after pay cut
DBS chief executive Piyush Gupta received a total remuneration of S$11.2 million for the financial year ended Dec 31, 2023, representing a 27 per cent year-on-year decline from S$15.4...
Optus fined A$1.5 million by Australian government on public safety rule breach
SINGTEL’S Australian unit Optus was fined A$1.5 million (S$1.3 million) by Australian authorities for breaching public safety rules. The fine came after the Australian Communications and Media Authority (ACMA)...
Adnoc says AI added US$500 million of extra value in 2023
ABU Dhabi National Oil Company’s (Adnoc) use of artificial intelligence generated US$500 million of additional value last year, it said on Tuesday (Mar 5). The state oil giant said...
S$15 million addition to Maritime Cluster Fund among moves to improve sector’s sustainability
A NEW pillar under Singapore’s Maritime Cluster Fund will co-fund sustainability efforts by companies, with S$15 million set aside till 2030. The MCF-Sustainability pillar joins the fund’s existing three...
