Entrepreneurship
Ron Sim’s Osim overhauls product details after competition watchdog raises concerns
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and realised it was not suitable for use...
Prudential considering listing of its Indian joint venture ICICI Prudential Asset Management
BRITISH insurer Prudential is evaluating a potential listing of its Indian joint venture, ICICI Prudential Asset Management, which will involve the partial sale of its shares. The transaction is...
Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPUOFFSHORE and marine specialist Seatrium inked a memorandum of understanding (MOU) with BP Exploration & Production,...
Stocks to watch: Seatrium, iFast, Thomson Medical, Digital Core Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 13). Seatrium: The offshore and marine specialist inked a memorandum of understanding (MOU)...
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was not the release of a...
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an artificial intelligence (AI) boom, sending its shares...
Chevron to lay off up to 20% of global workforce
CHEVRON will lay off 15 to 20 per cent of its global workforce by the end of 2026, the US oil company said on Wednesday (Feb 12) as it...
Europe: Shares end at record peak on earnings boost; tariffs eyed
EUROPEAN shares eked out an all-time high on Wednesday (Feb 12), as investors cheered earnings reports from Heineken and ABN AMRO, although some caution around US inflation data and...
Sorry, T-bills. It’s time now to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and stable returns.
T-bills also found favour as investors sought...
NYSE plans Texas exchange as financial firms flock to state
THE New York Stock Exchange (NYSE) plans to start an equities exchange in Texas, the latest firm seeking a slice of the financial services industry in a state where...
