StanChart CEO says ‘shame on’ big banks quitting net zero group

StanChart CEO says ‘shame on’ big banks quitting net zero group

[ad_1] [LONDON] The chief executive officer of Standard Chartered, Bill Winters, has some strong words for banks that have recently walked back their commitment to achieving net zero emissions. “Shame on them,” he said during a call with journalists after StanChart released its second-quarter results on Thursday (Jul 31). The comments follow a mass exodus…

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Sean Combs Launches De Facto Appeal On Prostitution Guilty Verdicts In Sex-Trafficking Trial: “His Conviction Is Unconstitutional”

Sean Combs Launches De Facto Appeal On Prostitution Guilty Verdicts In Sex-Trafficking Trial: “His Conviction Is Unconstitutional”

[ad_1] Seeking an acquittal or a brand new trial, the incarcerated Sean “Diddy” Combs has pretty much already launched an appeal on his conviction of the lesser counts in the ‘I Need A Girl’ performer’s sex-trafficking trial and he hasn’t even been sentenced yet. “Sean Combs sits in jail based on evidence that he paid…

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CapitaLand Ascott Trust to sell Citadines Central Shinjuku Tokyo for S$222.7 million by Q4 2025

CapitaLand Ascott Trust to sell Citadines Central Shinjuku Tokyo for S2.7 million by Q4 2025

[ad_1] [SINGAPORE] CapitaLand Ascott Trust (Clas) is proposing to divest Citadines Central Shinjuku Tokyo for S$222.7 million, with the transaction expected to be completed by the fourth quarter of 2025. On Thursday (July 31), its managers said the proposed divestment price represents a premium of around 100 per cent over the property’s book value and…

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Singapore shares dragged by Singtel, Seatrium declines; STI down 1.1%

Singapore shares dragged by Singtel, Seatrium declines; STI down 1.1%

[ad_1] [SINGAPORE] Local stocks declined for the fifth straight session on Thursday (Jul 31), amid heavy selling in index heavyweights Singtel and Seatrium. The benchmark Straits Times Index (STI) lost 1.1 per cent or 45.64 points to end at 4,173.77. Across the broader market, losers outnumbered gainers 388 to 204, with around 1.6 billion securities…

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Microsoft poised for US$4 trillion valuation after solid results

Microsoft poised for US trillion valuation after solid results

[ad_1] [REDMOND] Microsoft is set to soar past US$4 trillion in market valuation for the first time on Thursday (Jul 31), as a blockbuster earnings report helps the tech behemoth become the second company after Nvidia to surpass the milestone. The software company forecast a record US$30 billion in capital spending for the current fiscal…

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‘My Octopus Teacher’ Producer Off The Fence Acquired By Insight TV But In-House Studio Closing

‘My Octopus Teacher’ Producer Off The Fence Acquired By Insight TV But In-House Studio Closing

[ad_1] EXCLUSIVE: Oscar-winning My Octopus Teacher maker Off the Fence (OTF) has found a buyer. Dutch channel group Insight TV has acquired the 31-year-old production outfit, but OTF’s in-house production arm will be closing, with layoffs likely incoming. Insight declined to comment on the number of roles affected. Amsterdam-headquartered OTF entered bankruptcy proceedings several weeks…

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BMW profits slump on China woes, US tariffs

BMW profits slump on China woes, US tariffs

[ad_1] [FRANKFURT] BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling sales in key market China and US tariffs. Net profit for the April-June period plunged 32 per cent from a year earlier to 1.8 billion euros (S$2.66…

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Asian markets with strong policy support stand to gain as Fed defies Trump’s demand to cut rates

Asian markets with strong policy support stand to gain as Fed defies Trump’s demand to cut rates

[ad_1] [SINGAPORE] The US Federal Reserve’s decision to defy President Donald Trump’s demands by keeping interest rates unchanged for the fifth straight time was broadly in line with market expectations. But analysts say that Asian markets with strong policy support may fare better in weathering a storm of uncertainties whipped up by factors such as…

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Emma Thompson Returning To World Of ‘Sense And Sensibility’ With Audible Podcast Sequel Starring Erin Doherty, Jessica Gunning & Naomi Ackie

Emma Thompson Returning To World Of ‘Sense And Sensibility’ With Audible Podcast Sequel Starring Erin Doherty, Jessica Gunning & Naomi Ackie

[ad_1] EXCLUSIVE: Three decades on from her Oscar-winning movie, Emma Thompson is returning to the world of Sense and Sensibility with an Audible podcast telling the story of the youngest Dashwood sister. Thompson is producing and leading sequel Becoming Meg Dashwood with an ensemble including Emmy-nominee Erin Doherty (Adolescence), BAFTA-winner Naomi Ackie (Mickey 17), Baby…

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