Entrepreneurship
Sonos cuts 12% of workers in bid to improve product organisation
[ad_1] Sonos said it’s cutting about 12 per cent of its staff, or 200 workers, in a bid to make its product teams “flatter, smaller and more focused”.Santa Barbara, California-based...
SGX’s H1 net profit rises 20.7% to S$340 million following high growth in all revenue segments
[ad_1] THE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent from S$281.6 million in...
Forever 21 considers bankruptcy filing if asset-sale plans fail
[ad_1] FOREVER 21 is considering multiple options to turn around its business, which could include a second bankruptcy filing, according to sources with knowledge of the matter.The company is focused...
Ford sees sharp profit drop as Trump tariff, EV threats loom
[ad_1] FORD Motor warned that profit may fall by US$2 billion or more this year on an expected drop in vehicle prices and costly new-model launches, adding to risks posed...
Frasers Hospitality Trust sees improved RevPAR in Q1 on sustained travel demand
[ad_1] FRASERS Hospitality Trust (FHT) recorded an increase in revenue per available room (RevPAR) across its portfolio in the first quarter ended Dec 31, 2024, on sustained travel demand for...
China mulling probe into Apple’s app store fees, practices, Bloomberg News reports
[ad_1] CHINA’S antitrust regulator is preparing for a possible investigation into Apple’s policies and app store fees, Bloomberg News reported on Wednesday (Feb 5), citing people familiar with the matter.
The...
GSK plans £2 billion share buyback, boosts long-term outlook
[ad_1] The buyback comes after GSK saw earnings per share, excluding some items, at 23.2 pence in the fourth quarterGSK plans to buy back £2 billion (S$3.4 billion) of shares...
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
[ad_1] The local banking trio are due to report their fourth quarter and full year 2024 results in FebruaryINVESTORS are keenly watching the capital management plans of the Singapore banks,...
Thailand to roll out next phase of handout scheme in Q2, plans more stimulus
[ad_1] So far about 17.5 million people have received payments since it started last SeptemberTHAILAND’S government will implement the third phase of its 450 billion baht (S$18 billion) stimulus scheme...
Coinbase urges US regulators to clear path for banks to offer crypto services
[ad_1] The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrenciesCOINBASE Global on Tuesday (Feb 4)renewed its call for...
