unit

Microsoft hires DeepMind co-founder to lead AI unit
Microsoft hires DeepMind co-founder to lead AI unit
DEEPMIND co-founder Mustafa Suleyman will become the head of a newly created consumer AI unit at Microsoft, the scientist and entrepreneur said on Tuesday. Suleyman is one of the...
Shell appoints Joiner in reshuffle of gas, power trading unit
Shell appoints Joiner in reshuffle of gas, power trading unit
SHELL has appointed Greg Joiner to head its Shell Energy unit which oversees renewable generation, gas and power marketing, as part of a broader reshuffle of the trading division....
Wilmar unit to make further investment in Pakistan-listed Unity Foods
Wilmar unit to make further investment in Pakistan-listed Unity Foods
A WHOLLY owned subsidiary of Wilmar International is intending to increase its stake in Pakistan-listed Unity Foods through a public offer. Wilmar Pakistan Holdings, its 52 per cent subsidiary...
Atos says Airbus ends discussions over BDS cybersecurity unit sale
Atos says Airbus ends discussions over BDS cybersecurity unit sale
ATOS on Tuesday (Mar 19) said Airbus had called off discussions about potentially buying the French software company’s BDS cybersecurity unit, sending its shares down by almost a fifth....
Unilever to spin off ice cream unit, cut 7,500 jobs
Unilever to spin off ice cream unit, cut 7,500 jobs
UNILEVER plans to spinoff its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, into a standalone business, as the consumer goods group announced...
Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings
Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings
UNILEVER said on Tuesday (Mar 19) it would spinoff its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, into a standalone business and...
Sabana should lead smaller Reits with underperforming unit prices to look for an exit
Sabana should lead smaller Reits with underperforming unit prices to look for an exit
Added to that, the Reit’s manager faces challenges in attracting and retaining talent given uncertainties arising from the internalisation push. Recently, some unitholders of Sabana Reit, who were dissatisfied...
Vingroup sells 41.5% of its stake in retail unit
Vingroup sells 41.5% of its stake in retail unit
VINGROUP has sold 41.5 per cent of its stake in its retail unit, Vincom Retail, to an undisclosed partner for an undisclosed sum, according to the company’s filing to...
Sats sells US military contractor unit Maytag Aircraft for US million
Sats sells US military contractor unit Maytag Aircraft for US$46 million
INFLIGHT caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to private direct investment firm Albion River, it announced...
UBS starts job cuts at Asia wealth unit after profit slump
UBS starts job cuts at Asia wealth unit after profit slump
UBS Group started cutting jobs at its Asia private banking division this week as a slump in profits weighs on the region’s largest wealth manager, according to people familiar...