News
Goldman Sachs adds Waldron to board, lining up potential CEO succession
GOLDMAN Sachs added its president and chief operating officer John Waldron to its board of directors a month after he was given a retention bonus, cementing his position as a...
Nissan prepares to replace CEO after Honda deal falls apart
NISSAN Motor is drawing up plans to replace its chief executive officer following another dismal set of earnings and the collapse of talks to combine with Honda Motor, according...
Sembcorp doubles dividend on higher earnings, shuffles business leadership
It proposes final dividend of S$0.17 per share, compared with S$0.08 in the previous periodSEMBCORP Industries on Thursday (Feb 27) reported a 14 per cent rise in total net...
CapitaLand Investment back in the black with S$148 million H2 profit; proposes special distribution of CICT units
THE board of real estate group CapitaLand Investment (CLI) proposed on Thursday (Feb 27) to distribute a core dividend of S$0.12 per share, as well as a special dividend-in-specie...
Amazon unveils long-awaited AI version of Alexa assistant
AMAZON.COM has rebooted Alexa with artificial intelligence (AI). The rollout marks the biggest overhaul of the voice-activated assistant since the company introduced it more than a decade ago. The...
Ben & Jerry’s founders discuss buying back brand from Unilever
THE founders of Ben & Jerry’s have expressed interest in buying back their namesake ice cream brand from Unilever, according to sources familiar with the matter.Ben Cohen and Jerry...
Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss
BEYOND Meat forecast annual revenue below estimates on Wednesday, as the faux meat products maker faces persistent demand weakness amid sticky inflation.Beyond Meat has been losing steam it garnered...
Ireit Global’s H2 DPU stays at 0.94 euro cent
IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged from the year-ago period.The DPU will...
GM to increase dividend by 25%, buy back another US$6 billion of shares
The US automaker expects EV operating losses will narrow this year by US$2 billion from undisclosed levelsGENERAL Motors said on Wednesday (Feb 26) it would increase its quarterly dividend...
CSE Global H2 net profit dips 1.7%, dragged by US$8 million settlement
SYSTEMS integrator CSE Global’s earnings slipped 1.7 per cent year on year to S$11.3 million in H2 FY2024 ended December, weighed down by an arbitration settlement of US$8 million.The...
