Fashion

Netflix announces ten-for-one stock split, shares rise
[ad_1] Trading is expected to begin on a split-adjusted basis at the market open on Nov 17[BENGALURU] Netflix on Thursday (Oct 30) announced a ten-for-one stock split, making the streaming...
US: Wall Street indexes fall as Meta, Microsoft drag, along with Fed rate concerns
[ad_1] WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft shares tumbled on worries over surging...
Amazon reports cloud unit grew at fastest rate since 2022
[ad_1] The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and automating processes[WASHINGTON] Amazon.com’s cloud unit posted...
Lendlease Global Reit improves its committed portfolio occupancy to 95% for Q1 FY 2026
[ad_1] The Reit manager credits the rise from 92.1% in the preceding quarter to ‘active leasing efforts’ for a property in Milan [SINGAPORE] Lendlease Global Commercial Reit on Thursday (Oct...
Cordlife’s executive chairman steps down
[ad_1] [SINGAPORE] Cordlife announced that its executive chairman Zhai Lingyun has stepped down in a bourse filing on Thursday (Oct 30). Zhai told the board that he resigned in order...
Volkswagen skids into the red on US tariff hit, Porsche woes
[ad_1] Volkswagen’s operating loss in Q3 was down from a 2.8-billion-euro operating profit for the group a year earlier [BERLIN] An expensive course correction at subsidiary Porsche dealt Volkswagen a...
AirAsia plans up to US$600 million bond to cut borrowing cost: sources
[ad_1] The Malaysian budget carrier operator is targeting a coupon rate of below 10% for the proposed note[KUALA LUMPUR] AirAsia Aviation Group plans to raise as much as US$600 million,...
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
[ad_1] Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results[SINGAPORE] Singapore-based agribusiness group Wilmar International posted a net loss of US$347.7 million for the third quarter...
Powell’s warning to investors and lenders: The Fed won’t spoil the markets any longer
[ad_1] US FEDERAL Reserve chairman Jerome Powell seldom repeats himself, so Wall Street listened carefully when he delivered the same warning twice at a press conference following Wednesday’s (Oct 29)...
StanChart raises outlook as quarterly profit beats estimate
[ad_1] The performance is largely a result of the bank’s wealth management unit and global bankingSTANDARD Chartered lifted its income and returns outlook as it reported third-quarter profit that beat...
Shell profit beats estimates as oil and gas trading recovers
[ad_1] The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow[LONDON] Shell’s profit was better than expected in the third quarter, helped by a rebound in performance...
Asian markets to expect short-term pressure from Fed rate cut: analysts
[ad_1] [SINGAPORE] Asia markets are likely to face short-term pressure from the US Federal Reserve’s latest interest rate cuts, but expectations are already priced in, analysts say.The Federal Open Market...