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PARTY City Holdco is considering options including a sale or a potential bankruptcy filing, just over a year after it emerged from Chapter 11, according to sources with knowledge of the…
SINGAPORE shares closed lower on Wednesday (Dec 11) amid declines in the banking stocks, with property developer Hongkong Land the biggest loser. The Straits Times Index (STI) shed 20.73…
SPACEX and its investors have agreed to purchase as much as US$1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket and satellite maker at about US$350 billion,…
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods. Chief…
THE following companies saw new developments that may affect the trading of their securities on Wednesday (Dec 11): Aims Apac Reit: The industrial and logistics real estate investment…
APPLE plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a blood-pressure feature, seeking to entice hikers and health-conscience consumers into…
A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the Federal Trade Commission, which had argued the…
APPLE has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term. None of that is holding back the stock. The shares are…
AUTHORITIES raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday. Adidas said in a statement it has been in…
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the company’s transactions may have been fraudulent. The UK…
The sale price is a 32.5% premium to the property’s valuation as at Mar 31, 2024 AIMS Apac Real Estate Investment Trust (AA Reit) is divesting a warehouse at 3 Toh Tuck Link in Singapore…
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing path, while analysts assess the likely impact of…
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US dollars and record passenger numbers, despite what…
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday…
THE Singapore Exchange’s (SGX) total securities market turnover value rose 51 per cent year on year (yoy) to S$30.2 billion for November, based on the bourse operator’s monthly market…
A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool. Bitcoin fell below US$95,000 at one point on Tuesday (Dec…
A BOUT of selling buffeted crypto as the optimism sparked by president-elect Donald Trump’s embrace of the sector begins to cool. Bitcoin fell below US$95,000 at one point on Tuesday (Dec…
External auditors note the presence of material uncertainties that could cast significant doubt on its ability to continue as a going concern THE Singapore Institute of Advanced Medicine…
BRITAIN said on Tuesday (Dec 10) it would soon make online marketplaces such as Amazon and eBay pay more towards the cost of recycling waste electrical items from toasters to hair curlers.…
GOLD prices remained mostly unchanged on Tuesday (Dec 3), staying near a two-week high hit in the previous session, as investors awaited key US inflation data, due later this week, for…
BILLIONAIRE Mukesh Ambani-owned Reliance Industries is in talks with banks for a loan of as much as US$3 billion to refinance debt due next year, according to sources familiar with the…
In November of 2020, Sembcorp announced that it had entered into legal proceedings over the matter THE South African Supreme Court ruled in an update to legal proceedings that the Sembcorp…
THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 10): Sembcorp Industries: The group on Tuesday said it received an update on legal…
C3.AI raised its forecast for fiscal year 2025 revenue on Monday (Dec 9), helped by healthy demand for the company’s enterprise artificial intelligence (AI) software as companies look for…
