Business
General Motors backs biggest US lithium project with US$625 million investment
GENERAL Motors has committed US$625 million towards what will likely be one of the biggest US lithium mines, reinforcing the carmaker’s…
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Business
Business
China Life says profit to jump up to 185% on market rally
CHINA Life Insurance said profit for the first nine months is expected to increase as much as 185 per cent, buoyed by investment returns.…
Business
MF license aspirant list swells amid bullish industry growth projections
4 min read Last Updated : Oct 16 2024 | 5:37 PM IST India's thriving mutual fund industry is drawing interest from several firms, with…
Business
Morgan Stanley’s profit jumps on recovery in dealmaking
MORGAN Stanley’s profit rose in the third quarter, fuelled by a rebound in dealmaking that also helped its rivals. The investment bank…
Business
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
MORGAN Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its…
Business
Parkway Life Reit posts 2.8% higher Q3 DPU of S$0.1130
PARKWAY Life Reit on Wednesday (Oct 16) reported a 2.8 per cent rise in distribution per unit (DPU) to S$0.1130 for the third quarter of…
Business
Horizon Robotics seeks US$696 million in Hong Kong IPO, in what would be city’s largest in 2024
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering (IPO), as…
Business
Boeing to raise up to US$25 billion as strike weighs on finances
US AIRCRAFT manufacturer Boeing unveiled measures meant to replenish its cash flow on Tuesday (Oct 15), including an intention to raise up…
Business
Chinese stimulus to real estate checks steel price slide, worries persist
Steel prices had been on a downward trend, and experts agree that China’s stimulus has boosted global sentiment | (Photo: Shutterstock) 4…
Business
RTP leads $4.2 mn pre-seed round in Budy to streamline sales software
The funding will accelerate Budy’s AI development, focusing on tasks such as optimising Salesforce setups and improving sales pipeline…
Business
Reits results at a glance
S-Reits and business trusts financial results for period ended June 30, 2024 Source link
Business
Quant MF largest investor in Adani Enterprises' QIP, buys 47% of shares
Adani Group Founder and Chairman Gautam Adani holds discussion with Bombardier CEO Éric Martel | Photo: X/@gautam_adani 3 min read Last…
Business
Asian markets decline as chip stocks fall, China remains in focus
The yen was steady at 149.155 per dollar but is down 3.6 per cent in October as the dovish tilt from the Bank of Japan drags the currency.…
Business
Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price
JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on…
Business
Food Innovators ends Catalist debut at S$0.21, 4.5% below IPO price
JAPANESE food and beverage operator Food Innovators Holdings (FIH) made a lacklustre debut on the Catalist board on Wednesday (Oct 16),…
Business
Prasun Sikdar appointed as MD, CEO of Bima Sugam India Federation for 3 yrs
3 min read Last Updated : Oct 16 2024 | 12:08 AM IST Bima Sugam India Federation on Tuesday announced the appointment of Prasun Sikdar as…
Business
Rachel Yaffe: TikTok Star Dies Aged 27 after Seven-Year Battle with Rare form of Liver Cancer
A TikTok influencer has died at the age of 27 after a seven-year fight against a rare form of liver cancer. Rachel Yaffe, from Maryland,…
Business
India's goal should be to have 10-plus fabs by 2030: SEMI President & CEO
Premium Ajit Manocha, President & CEO, SEMI 4 min read Last Updated : Oct 15 2024 | 11:40 PM IST Ajit Manocha, president and chief…
Business
US-based Capital group divests 1.7% stake worth Rs 148 cr in IT firm Mastek
Shares of Mastek rose 4.65 per cent to close at Rs 2,904.25 apiece on the BSE. | Representative Image 1 min read Last Updated : Oct 15…
Business
A $700 billion war chest: India's external sector needs skilful management
6 min read Last Updated : Oct 15 2024 | 10:21 PM IST Increasing geopolitical tensions in West Asia have put pressure on the Indian rupee,…
Business
LVMH third-quarter sales fall 3% as China weighs
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 16), its first decline in quarterly sales since…
Business
LVMH sales fall 3% as China demand for luxury goods worsens
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 15), undershooting estimates in its first…
Business
Adani Energy Solutions acquires 2 SPVs from PFCCL for about Rs 38 cr
Jamnagar Transmission Ltd (JTL) is established for the development of network expansion scheme in Gujarat. | Representative Image:…
Business
Blackstone to invest 7.5 billion euros in data centres in northeastern Spain
BLACKSTONE, the world’s largest alternative asset manager, plans to invest 7.5 billion euros (S$10.7 billion) to develop data centres in…