Entrepreneurship
ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production
[ad_1] [HOUSTON] ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in Guyana and the Permian Basin which offset lower...
Nexperia cuts wafer supplies to Chinese plant, ratcheting up chip disruptions
[ad_1] The move comes after the Dutch chipmaker’s Chinese unit resumed supplying semiconductors to local customers[BEIJING/TAIPEI] Dutch chipmaker Nexperia has suspended supplies of wafers to its Chinese assembly plant, according...
Japanese semicon photomask maker Tekscend breaks ground on new Singapore plant, set to create 60 jobs
[ad_1] It will be fully operation end-2026 or early 2027; aims to serve customers in Singapore, Malaysia and India [SINGAPORE] Tekscend Photomask broke ground on its new Singapore manufacturing facility on...
Air India seeks 100 billion rupees lifeline from SIA and Tata, Bloomberg News reports
[ad_1] The development follows a deadly Air India crash in June that killed more than 240 passengers[BENGALURU] Air India is seeking at least 100 billion rupees (S$1.5 billion) in financial...
Crypto exchange Coinbase beats analysts’ estimates as trading volumes surge
[ad_1] Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to hedge their portfolios[BENGALURU] Coinbase Global beat analysts’ estimates for third-quarter...
ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
[ad_1] Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of fiscal 2025 due to charges...
CapitaLand India Trust Q3 total property income up 10% at 5.1 billion rupees
[ad_1] This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager[SINGAPORE] CapitaLand India Trust (Clint) posted a total property income...
Meta sells US$30 billion of bonds as AI frenzy fuels record orders
[ad_1] Technology firms are capitalising on falling borrowing costs as the Fed cuts interest rates and investors race to lock in still-elevated yields[NEW YORK] Meta Platforms sold US$30 billion of...
EVs put an end to China’s usual holiday surge in petrol use
[ad_1] [BEIJING] Tianyu Jiang took a 2,000-km road trip this month during China’s national holiday week, driving in his electric vehicle from the southwestern Sichuan basin to Beijing for the...
US: Wall Street opens lower after mixed tech earnings, Fed comments