Business
Lloyds bank says profits shrink on bad car loans
Profit after tax dropped 14% to £2.9 billion in the first nine months of the year British lender Lloyds Banking Group on Thursday (Oct 23)…
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Business
Business
Beauty, Wellbeing Sales Fuel Q3 Growth at Unilever
LONDON – Beauty and wellbeing sales are steaming ahead at Unilever, and drove underlying group sales growth of 3.9 percent to 14.7 billion…
Business
PacificLight appoints Mitsubishi Power and Jurong Engineering to build S$1 billion hydrogen-ready power plant
PacificLight Power announced on Thursday (Oct 23) that it has appointed a consortium comprising Jurong Engineering Limited (JEL) and…
Business
Nexperia’s China unit resumes chip sales to domestic distributors, requires renminbi-only payments: sources
The chipmaker is seeking chip packaging partners outside China as the dispute drags on [BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese…
Business
Nokia profit surges past estimates on network growth
Nokia’s adjusted profit for the third quarter beat estimates, thanks to growth in its network infrastructure and optical networks…
Business
Renault Q3 revenue rises on car sales, finance arm
Renault’s third-quarter sales gained 6.8 per cent, helped by demand for new models such as the Dacia Bigster as well as higher revenue at…
Business
Volvo car profit unexpectedly rises on cost-cutting success
Volvo Car reported better-than-expected profit in the third quarter as the automaker benefited from the effects of its 18 billion-kronor…
Business
South Korea keeps rates on hold but surprises with nod to further cuts
South Korea’s central bank kept policy interest rates unchanged on Thursday (Oct 23), wary of worsening an overheating housing market and…
Business
Love Island and Big Brother contestants on going back to the 9-5
Ellie had a successful career in accountancy before the Love Island and has now gone back to it. Appearing on reality television and being…
Business
French vow to intercept migrant boats hit by delays and political turmoil
Andrew HardingBBC News, in Paris and Gravelines Videos shared with the BBC shows a police boat circling a small boat in a shallow canal…
Business
EXCLUSIVE: Ganni and Vestiaire Collective Team to Launch Instant Resale; New CEO Bernard Osta Talks Resale as a Service Strategy
PARIS — In a move that blends Scandi style with circular fashion, Danish label Ganni has teamed with French resale giant Vestiaire…
Business
Former Citi banker gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Business
Former Citi banker Wang Qiming gets longest sentence in S$3 billion money laundering scandal
A former wealth banker at Citigroup got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the…
Business
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage,…
Business
Nomura CEO seeks to tap more private market bets from Japanese
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a…
Business
Hyflux ex-company secretary testifies 2 lawyers involved in preference shares document
Officers from banks that had earlier considered providing project financing for the Tuaspring project have been lined up to take the stand…
Business
Singtel partners Palo Alto to launch network against surge of quantum-computing threats
The hybrid network combines hardware and software methods to protect data against such risks Singtel on Thursday (Oct 23) announced the…
Business
China and US ‘just flexing muscles’ over critical metals, BHP chair says
The US and China are battling to project power as they compete to secure critical minerals supply, the new chair of BHP said on Thursday,…
Business
Gold’s dip a mere blip in glittering rally hinting at global monetary shift
IT HAS been a banner year for gold bugs. Despite a 5 per cent correction on Oct 21, the yellow metal has been the best-performing asset…
Business
CapitaLand Malaysia Trust Q3 DPU up 3.7% at 1.11 sen on higher contributions across portfolio
CapitaLand Malaysia Trust (CLMT) on Wednesday (Oct 22) posted a distribution per unit (DPU) of 1.11 sen for its third quarter ended Sep…
Business
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Business
Wee Hur unit enters JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that…
Business
Wee Hur unit in JV to build Wycombe Abbey international school in Singapore
It also plans to consolidate its purpose-built student accommodation assets under a new fund Wee Hur announced on Wednesday (Oct 22) that…
Business
Cheryl Grimmer: Person of interest in British girl's disappearance named in parliament
The identity of a key person of interest in the disappearance of a British girl more than 50 years ago has been revealed by an Australian…