Fashion
CNN eyes 200 job cuts, streaming overhaul – The Business Times
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of staffing and...
Texas Instruments forecast signals chip slump is persisting – The Business Times
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand and higher costs tied to a factory expansion.Profit will be...
US: Wall St subdued at open after previous session’s jump; earnings in focus – The Business Times
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in the previous session and focused on corporate...
Starhill Global Reit posts 1.1% rise in H1 DPU to S$0.018 – The Business Times
STARHILL Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.1 per cent to S$0.018 for its first half ended Dec 31, 2024, from S$0.0178 in the...
OUE Reit’s H2 DPU increases 8.7% to S$0.0113 – The Business Times
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its financial year ended Dec 31,...
MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds – The Business Times
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31, 2024, from S$0.022 in the year-ago...
HSBC’s payments app closure puts around 400 jobs at risk: source – The Business Times
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from lower interest rates, China’s economic chills and geopolitical...
Tariffs will leave everyone worse off, Bundesbank chief warns – The Business Times
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to buy more American oil and gas...
Cathay Pacific to cut profit payout to staff by around 50% – The Business Times
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only planning to distribute at least...
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025 – The Business Times
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US peer, as it expects sales...
