Culture
SIA Engineering: analysts upgrade the stock as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million[SINGAPORE] Analysts are turning bullish on SIA...
Federal Reserve’s Hammack says inflation a bigger concern than labour market
FEDERAL Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation, which she says is too high and remains a bigger risk...
First Brands says it needs US$600 million or ‘it’s game over’
FIRST Brands Group lawyers said the company needs access to its roughly US$600 million of remaining bankruptcy financing to keep the auto-parts firm from shutting down immediately.That request, made...
Social media giants must stand trial on addiction claims
META Platforms, ByteDance, Alphabet and Snap must face trial over claims that they designed social media platforms to addict youths, a judge ruled, clearing the way for the first...
Goldman Sachs to promote highest number of executives to managing director since 2021
The promotions include 31 per cent Asian, 3 per cent Black and 4 per cent Hispanic or Latino staff[NEW YORK] Wall Street lender Goldman Sachs will promote 638 executives...
OCBC Q3 profit flat at S$1.98 billion, beats expectations
[SINGAPORE] OCBC ’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 7). Net profit for...
Tesla shareholders approve US$878 billion pay plan for Elon Musk
[SAN FRANCISCO] Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the next decade, endorsing his vision...
Singapore’s big board refresh… and what lies beyond
The nine-year rule has been a necessary jolt, forcing boards to re- examine composition, succession and independenceIN THE wake of high-profile corporate scandals and the global financial crisis, regulators...
Marketing Insights From Someone Who’s Seen It All
After twelve years in the marketing trenches working with over 6,000 companies, I’ve developed a unique perspective on what actually works in this field. As the founder and CEO...
Nexperia says payment dispute led to supply break with China
The company cannot guarantee the quality or authenticity of its chips delivered from China after Oct 13NEXPERIA suspended supplies to its China factory because the local unit refused to...
