Culture

GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
[ad_1] A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations[FRANKFURT] A majority stake in Volkswagen’s heavy diesel engine unit Everllence is attracting interest...
Singapore stocks end higher on Thursday despite S-Reit stumble; STI gains 0.4%
[ad_1] However, decliners outnumbered advancers 335 to 277 across the wider market, with 1.4 billion shares worth S$1.5 billion changing hands[SINGAPORE] Singapore shares closed higher on Thursday (Jan 15), despite...
United Hampshire US Reit acquires Wallingford Fair Shopping Centre for US$21.4 million
[ad_1] The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million[SINGAPORE] The manager of United Hampshire US Real Estate Investment Trust (Reit) has acquired...
United Hampshire US Reit acquires Wallingford Fair Shopping Center for US$21.4 million
[ad_1] The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million[SINGAPORE] The manager of United Hampshire US Real Estate Investment Trust (Reit) has acquired...
China’s central bank cuts structural interest rates to boost targeted lending
[ad_1] The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances[BEIJING] China’s central bank will lower interest rates on its structural monetary policy tools by...
Microsoft in record deal for soil carbon credits as data centres surge
[ad_1] It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture[LONDON] Microsoft has agreed with Indigo Carbon to buy a record 2.85 million soil carbon credits...
Woh Hup Engineering JV wins S$326 million LTA contract for Downtown Line extension
[ad_1] The contract includes work for two mainline tunnels and a tunnel link to Gali Batu Depot [SINGAPORE] The Land Transport Authority (LTA) has awarded the first civil contract for...
JPMorgan, Brookfield see deals revival for clean energy assets
[ad_1] The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035[SINGAPORE] Clean energy projects are poised for a revival in...
RHB initiates ‘buy’ on Coliwoo amid rising expat, foreign student demand
[ad_1] The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday[SINGAPORE] RHB has initiated coverage on co-living operator Coliwoo...
China drinks maker Eastroc Beverage said to gauge interest for billion-dollar plus Hong Kong listing
[ad_1] The company makes energy and sports beverages, as well as other soft drinks such as teas and juices[HONG KONG] Chinese energy-drink maker Eastroc Beverage Group has started gauging investor...
BHP, Rio Tinto are joining forces to boost iron ore pipeline
[ad_1] Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure[MELBOURNE] BHP Group and Rio Tinto Group, the...
Trump backs Venezuela staying in Opec
[ad_1] [WASHINGTON] President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries, or Opec, but added he...