Times
CNN eyes 200 job cuts, streaming overhaul – The Business Times
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of staffing and...
EV maker Nikola explores sale, partnerships with cash dwindling – The Business Times
NIKOLA is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, according to sources familiar with the matter.Other possibilities under consideration...
Texas Instruments forecast signals chip slump is persisting – The Business Times
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand and higher costs tied to a factory expansion.Profit will be...
Boeing forecasts big loss on defence troubles, strike; shares drop 2.5% – The Business Times
BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on Thursday, due to charges at its defence unit, lower jetliner...
Cartier appeal helps Richemont reach 100 billion Swiss francs market value – The Business Times
SWISS luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs (S$149.2 billion) for the first time, bolstered by the appeal of its blockbuster jewellery label Cartier.
The company...
US: Wall St subdued at open after previous session’s jump; earnings in focus – The Business Times
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in the previous session and focused on corporate...
Starhill Global Reit posts 1.1% rise in H1 DPU to S$0.018 – The Business Times
STARHILL Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.1 per cent to S$0.018 for its first half ended Dec 31, 2024, from S$0.0178 in the...
Sportswear giants Adidas and Puma weighing job cuts – The Business Times
GERMAN sportswear giants Adidas and Puma have both said they are seeking to reduce costs, including through possible job cuts, as they aim to bolster profits.
Adidas said it wanted...
