Reports
Citigroup awards special retention bonuses for dozens, Bloomberg News reports
CITIGROUP’S wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant looks to prevent more bankers from leaving, Bloomberg News reported...
New Nvidia AI chips face issue with overheating servers, The Information reports
Nvidia’s new Blackwell AI chips, which have already faced delays, have encountered problems with accompanying servers that overheat, causing some customers to worry they will not have enough time...
CSE Global reports higher revenue for Q3 2024, but order intake falls
The electrification segment has fallen the most, due to the absence of several major projects securedCSE Global reported a 15.4 per cent increase in Q3 2024 revenue to S$213.9...
IReit Global reports 89.6% portfolio occupancy for Q3, weighed down by Spanish portfolio
EUROPE-FOCUSED real estate investment trust IReit Global on Tuesday (Nov 12) announced a portfolio occupancy of 89.6 per cent for its third quarter ended Sep 30, and suggested that...
Bukit Sembawang reports surge in H1 FY2025 earnings to S$62.9 million
PROPERTY developer Bukit Sembawang reported a 149 per cent surge in H1 FY2025 ended Sept 30 earnings to S$62.9 million from S$25.2 million the previous year.In a bourse filing...
Grab reports Q3 profit of US$15 million, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on yearGrab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being...
Ikea reports higher profit despite revenue hit from price cuts
INTER Ikea, the owner of the world’s biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite a sharp decline in revenues after it cut...
TSMC to suspend production of advanced AI chips for China from Nov 11, FT reports
TAIWAN Semiconductor Manufacturing Company (TSMC) has notified Chinese chip design companies that it is suspending production of their advanced AI chips from Nov 11, Financial Times reported on Friday...
