Business
Nigerian economy surpasses expectations
Nigeria’s gross domestic product grew by 3.46% in the third quarter, surpassing expectations as its services sector expanded at its…
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Business
Business
Veteran Ethiopian politician’s interview about nationalism taken out of context
Earlier this month, prominent Ethiopian politician Lencho Leta spoke to local media about his political journey. An edited video of his…
Business
Disney agrees to pay $43 million to settle lawsuit over women's pay
Walt Disney Co. has agreed to pay $43.3 million to resolve a long-running lawsuit brought by a group of female employees who alleged…
Business
India's Andhra Pradesh state likely to suspend Adani power deal
India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s…
Business
Singapore Post in exclusive talks for Australia business sale
Singapore Post’s Australian business had posted a revenue of S$574.8 million in the half year ending Sept 30, up from S$398.8 million a…
Business
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
CITIGROUP is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink…
Business
Indonesia rejects Apple’s US$100 million investment offer
Tech giant has not met the government’s requirements when compared with its investments in other countries, says industry minister…
Business
Americans will throw out 316 million pounds of food on Thanksgiving. Here's how it fuels climate change
Mexico City — Each day, an army of trucks delivers tens of thousands of pounds of fresh fruit and vegetables to Mexico City’s Central de…
Business
Fireworks imports continue to rise in Germany after pandemic-era ban
The amount of fireworks being imported into Germany remains noticeably below the pre-coronavirus pandemic levels, although it has risen so…
Business
SingPost should quickly cut borrowings by divesting its non-core properties now
Over the past two years, the group has shuttered 12 post offices, leaving another 44 that are located at SLA properties, ground floors of…
Business
Maybank’s Q3 net profit rises 7.6% to 2.5 billion ringgit
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to 2.5 billion ringgit (S$770 million), up 7.6 per cent from 2.4…
Business
Maybank’s Q3 net profit rises 7.6% to RM2.5 billion
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to RM2.5 billion (S$770 million), up 7.6 per cent from RM2.4…
Business
Rivian wins approval for US$6.6 billion loan for Georgia plant
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed…
Business
Haidilao operator Super Hi swings back to black with US$37.7 million Q3 net profit
HAIDILAO restaurant operator Super Hi International posted a net profit of US$37.7 million for the third quarter ended Sep 30, reversing…
Business
Hot stock: Yangzijiang Shipbuilding dips over 4% as volumes surge on married deals
It is the most highly-traded company in terms of volume as at Tuesday’s midday trading break SHARES of Yangzijiang Shipbuilding fell in…
Business
Macquarie initiates coverage on 11 S-Reits with top picks including data centre plays
MACQUARIE Research initiated coverage on 11 Singapore real estate investment trusts (S-Reits) that it prefers amid a higher-for-longer…
Business
Australian stock exchange targets 2029 for phase two of trading software overhaul
AUSTRALIAN bourse operator ASX said on Tuesday (Nov 26) it aimed to implement the second phase of its clearing and settlement software…
Business
StanChart is front-runner as dollar settlement bank in India hub
STANDARD Chartered has emerged as the front-runner to become the settlement bank for real-time US dollar-denominated trades in India’s…
Business
Yankees, Dodgers, Red Sox $70 Million Target Reportedly Off Trade Block
Share ✓ Link copied to clipboard! A few weeks ago, rumors emerged the Milwaukee Brewers could be open to dealing away their All-Star…
Business
Singapore stocks open lower on Tuesday; STI down 0.3%
SINGAPORE stocks started trading lower on Tuesday (Nov 26), following declines in other Asian markets after US President-elect Donald…
Business
Starbucks using pen and paper to track pay after vendor hack
STARBUCKS said a ransomware attack at a third-party software supplier has disrupted its system for tracking employee schedules, forcing…
Business
Barclays to add Singapore as private bank booking centre by 2026
BARCLAYS plans to add Singapore as its second booking centre for its private bank operations in Asia Pacific, marking a full return to the…
Business
Astros, Alex Bregman Nearly $50 Million Apart On New Contract, Per Reports
Share ✓ Link copied to clipboard! The Houston Astros and third baseman Alex Bregman have been through the wringer with the speculation and…
Business
Trump crypto project gets US$30 million investment from Justin Sun
THE controversial China-born crypto entrepreneur Justin Sun has invested US$30 million in President-elect Donald Trump’s World Liberty…