Business
Elite UK Reit posts 10% rise in H1 2025 DPU to £0.0154
The manager of Elite UK real estate investment trust (Reit), announced a 5.8 per cent year-on-year increase in distributable income to…
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Business
Business
Samsung Q2 profit drops 55% on weak AI chip sales, China curbs
Samsung Electronics reported on Thursday a 55 per cent drop in second-quarter operating profit as delays in high-bandwidth memory chip…
Business
Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31): Keppel: Asset manager…
Business
Seatrium H1 profit quadruples to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Grab Holdings beats quarterly revenue estimates
Grab Holdings beat Wall Street expectations for second-quarter revenue on Wednesday, as consumers boosted spending on its ride-hailing and…
Business
China’s JD.com to acquire German electronics retailer Ceconomy for 2.2 billion euros
[DUESSELDORF, Germany] JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro (S$3.3-billion) deal at 4.60…
Business
'Communities' of strange, extreme life seen for first time in deep ocean
Victoria Gill Science correspondent, BBC News Watch: some of the strange, extreme life filmed at the depths of the ocean Beds of clams,…
Business
Staying on top means never standing still
In an age obsessed with the new and the next, creating sustained business success is an art form but a hard craft to master. The headlines…
Business
Chinese battery maker CATL reports faster profit growth in second quarter
Chinese electric vehicle (EV) battery giant Contemporary Amperex Technology Co Limited’s (CATL) net profit growth picked up in the second…
Business
Wednesday: Jenna Ortega says sudden fame was 'very overwhelming'
Steven McIntosh Entertainment reporter Jenna Ortega says the sudden attention she received from starring in Netflix's Wednesday was…
Business
Airbus first-half profit climbs 85% to US$1.7 billion
European aerospace group Airbus posted an 85-per cent rise in first-half profit Wednesday to US$1.7 billion, even though it delivered…
Business
Meta beats expectations sending share price soaring
Meta reported robust second-quarter financial results on Wednesday, with revenue jumping 22 per cent year-over-year to US$47.5 billion as…
Business
Robinhood tops profit expectations as trading frenzy sweeps across asset classes
Robinhood Markets exceeded second-quarter profit estimates on Wednesday (Jul 30), driven by a massive surge in volumes as investors traded…
Business
The healthcare crisis none of us can afford
Millions of individuals and families across the U.S. are trapped in a vicious cycle. Financial concerns like inflation and housing costs…
Business
Microsoft cloud sales beat expectations amid record AI spending
The company’s largest rivals in cloud services, Amazon.com and Alphabet, have also announced massive expansion plans Microsoft reported…
Business
JP Saxe Says Tour May Be Canceled ‘If I Don’t Sell 20,000 Tickets in Two Days,’ Addresses Challenges in the Live Market
JP Saxe has done what many artists in his position tend to avoid: in a post captioned “fuck being cool about this,” he’s coming clean with…
Business
EXCLUSIVE: David’s Bridal Deepens Lifestyle Push With Allure Eyewear Partnership
Less than four months into her role as chief executive officer, Kelly Cook is already making bold moves to transform David’s Bridal into a…
Business
Barneys New York’s Gene Pressman, Designers Jeffrey Banks and Dennis Basso Ready for 92NY Talks
Fall seems a long way off, given the steamy temperatures in the Northeast. But Fern Mallis has already cued up three key speakers for her…
Business
Tech CEOs may point to AI for layoffs, but the reality is complicated
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their…
Business
Xbox Console Sales Drop 22%, Game Pass and First-Party Titles Drive 10% Rise in Overall Microsoft Gaming Revenue
Microsoft reported its latest 2025 quarterly earnings results Wednesday. The tech company’s gaming-specific sales reached $5.5 billion for…
Business
Benjamin Sesko: Is Man Utd, Newcastle and Chelsea target on brink of big move?
He's Manchester United's number one target - but can they finally make this the summer of Benjamin Sesko? Source link
Business
The credit card in your pocket is about to become a crypto key
The barriers between legacy financial institutions and cryptocurrency upstarts continue to crumble. JPMorgan and Coinbase announced a new…
Business
Warner Bros. Lays Off 10% of Motion Picture Group
The Warner Bros. Motion Picture Group is enacting a round of layoffs that will see jobs cut across its marketing, production strategy,…
Business
China promises to help companies hit by tariffs after inconclusive trade talks
China’s top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade talks with the…