turnaround
Singtel CEO’s lower pay belies turnaround, while SIA CEO’s higher pay may reflect peaking profits
Singtel is revitalising its core businesses and unlocking value while SIA has made the most of the pandemic-era shareholder support it receivedThe chief executives of Singtel and Singapore Airlines...
Hot stocks: Glove makers rally after Top Glove reports turnaround in Q3
SHARES of glove makers rose during afternoon trading on Wednesday (Jun 19) after Top Glove reported a profit turnaround for the third quarter.
Riverstone’s counter jumped as much as...
Volkswagen to face investors sceptical of China turnaround plan
VOLKSWAGEN (VW) faces an uphill battle to convince investors it can turn around its business in China.After being leapfrogged by China’s BYD as the nation’s top carmaker, Volkswagen said...
H&M beats earnings expectations as new CEO plots turnaround
H&M, the world’s second-largest listed fashion retailer, beat first-quarter operating profit expectations on Wednesday (Mar 27) helped by a smaller-than-expected fall in sales.
The Swedish group posted an operating profit...
HSI hinting at potential turnaround
ON MARCH 14, 2024, the Hang Seng Index (HSI) closed marginally lower by 0.71per cent or 120.45 points at 16,691.67. Despite the drop in the index component stocks, the...
Victoria’s Secret falls on weak guidance in faltering turnaround
VICTORIA’S Secret & Co reported net sales guidance for the full year that fell short of analysts’ expectations, underscoring the retailer’s struggle to grow as it works to gain...
Citi hires JPMorgan’s Raghavan as banking head amid turnaround
CITIGROUP hired JPMorgan Chase’s Viswas Raghavan as head of banking and executive vice-chair, poaching from a key rival as chief executive officer Jane Fraser presses ahead with the bank’s...
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