Ambani touts AI, bonus shares but stays silent on units’ IPOs
BILLIONAIRE Mukesh Ambani in his annual shareholders’ address on Thursday (Aug 29) unveiled plans for Reliance industries to develop cutting-edge ...
Tag: Units
Microsoft rejigs reporting on business units, offers clarity on AI benefits
MICROSOFT on Wednesday restructured how it reports results for its business units, moving some search and news advertising revenue under the ...
HSBC said to explore sale of South Africa units to focus on Asia
HSBC Holdings is weighing a sale of its South African businesses as the lender focuses on Asian markets, according to ...
SocGen sells private banking units in push to slim down bank
SOCIETE Generale (SocGen) has agreed to sell its wealth management units in the United Kingdom and Switzerland to Union Bancaire ...
China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units
SHARES of China Evergrande New Energy Vehicle fell 7 per cent in Monday (Jul 29) morning trade after individual creditors ...
Cordlife’s overseas units obtain re-accreditations
CORDLIFE on Thursday (Jul 25) said its Hong Kong and Malaysian subsidiaries received re-accreditations from the Association for the Advancement ...
Sats restructures gateway services business to form two new units
GATEWAY services and in-flight catering solutions provider Sats has restructured its gateway services business to form two new business units, ...
Visa settles Discover unit’s antitrust lawsuit over debit card network
Discover Financial Services unit Pulse Network has agreed to settle a lawsuit in Texas accusing Visa of obstructing competition in ...
Japan watchdog recommends action on MUFG units over sharing of client data
JAPAN’S securities watchdog recommended on Friday (Jun 14) that the banking and securities units of Mitsubishi UFJ Financial Group (MUFG) ...
Mandarin Oriental to sell two retail units adjoining its Paris hotel for 148 million euros
MANDARIN Oriental International : M04 0% has signed an option to sell its interests in two retail units adjoining the ...
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