Culture
Singtel returns to the black with S$2.8 billion H2 profit
[ad_1] [SINGAPORE] Singtel returned to the black with a net profit of S$2.8 billion for its second half ended March 2025, compared with a net loss of S$1.3 billion for...
Stocks to watch: Singtel, CapitaLand Ascott Trust
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 22).
Singtel: The telco giant returned to the black with a net profit...
Estee Lauder, L’Oreal suffer as China’s duty-free spending falls
[ad_1] UNABLE to travel overseas during the Covid-19 pandemic, Chinese consumers sparked a shopping boom in the southernmost province of Hainan, lured by the tropical island’s plethora of duty-free shopping...
Zoom lifts annual forecasts on robust demand amid AI push
[ad_1] Published Thu, May 22, 2025 · 07:13 AMZOOM Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial intelligence into its...
US to keep China chip curbs, spurning Nvidia’s call for relief
[ad_1] [WASHINGTON] The Trump administration will maintain efforts to keep advanced artificial intelligence (AI) technology out of China’s hands, a top White House official said, brushing off calls from Nvidia...
US LNG loses ground in Asia as tariffs, politics stall Alaska megaproject
[ad_1] [SINGAPORE] Asian energy buyers are rethinking their long-term bets on US liquefied natural gas (LNG) – increasingly seen as a geopolitical lever – as tariffs, political risk and volatile...
Apple design legend Jony Ive joins OpenAI
[ad_1] [SAN FRANCISCO] The legendary designer behind Apple’s iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by...
Walmart eliminates about 1,500 jobs on technology team
[ad_1] The company has about 1.6 million US employees, making it the largest private employer in the countryPublished Thu, May 22, 2025 · 06:24 AM[CHICAGO] Walmart is cutting corporate staff...
Europe: Stocks ease from two-month highs as retailers, luxury stocks weigh
[ad_1] EUROPEAN stocks were little changed on Wednesday as gains in broader stocks outweighed declines in luxury and retail stocks, while investors monitored a tax cut bill in the United...
LVMH said to warn of continued luxury weakness on China woes
[ad_1] [PARIS] LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three months of the year, sources familiar with...
