Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale began Pfizer has raised about US$3.2 billion from the sale of Haleon shares, as it further reduces its…
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SID launches initiatives to build director competencies
TO strengthen the competencies at the top of Singapore companies, the Singapore Institute of Directors (SID) unveiled a slew of new initiatives at its Directors Conference 2024. These come…
FM Sitharaman tells Arunachal govt to adopt cluster development approach
Union Finance Minister Nirmala Sitharaman | (Photo: PTI) 3 min read Last Updated : Oct 01 2024 | 1:06 PM IST Union Finance Minister Nirmala Sitharaman on Tuesday advised the Arunachal…
Africans in Lebanon: ‘Everyone is nervous on campus’
Farai Makamba, a 27-year-old student from Zimbabwe, used to keep his university books on his desk at home in Beirut. Now they’ve been replaced by his passport, travel documents, and cash.…
Azalea’s Altrium funds close at over US$200 million each
Both funds have attracted investors that include institutions, private banks, family offices, external asset managers and high-net-worth individuals AZALEA Investment Management has…
US port strikes to boost global shipping rates despite earlier front-loading of peak season demand
Prices spiked in July as companies scheduled shipments before the usual year-end peak period THE year-end peak shipping season has been quieter than usual, as companies brought forward…
Attack by Houthi rebels target ship in Red Sea as Gaza war intensifies
Suspected attacks Tuesday by Yemen's Houthi rebels targeted at least one ship in the Red Sea. Illustration: Binay Sinha 3 min read Last Updated : Oct 01 2024 | 12:09 PM IST Suspected…
Nippon Steel invests in Mlion, eyes stronger Asean foothold
The Japanese steel giant hopes to leverage Mlion’s position as a market leader in the steel sheet piling sector SINGAPORE-headquartered foundation solutions company Mlion Corporation has…
Singapore Airlines' first co-branded card in India is here: Is it worth it?
Credit Card, Shopping(Photo: Shutterstock) 7 min read Last Updated : Oct 01 2024 | 11:18 AM IST SBI Card, India’s largest pure-play credit card issuer, in partnership with Singapore…
Japan Gas Lobby Urges Government to Help With Open Contracts
(Bloomberg) -- Japan’s liquefied natural gas buyers — among the world’s biggest — are struggling to ensure supply contracts are flexible enough, and need the government to help negotiate…
US East Coast dockworkers head toward strike after deal deadline passes
DOCKWORKERS on the US East Coast and Gulf Coast were expected to strike on Tuesday morning after a midnight deadline passed with no sign of a new contract deal with port owners. The strike…
How Japan’s Shinkansen bullet trains changed the world of rail travel forever
Sixty years ago, early in the morning of October 1, 1964, a sleek blue and white train slid effortlessly across the urban sprawl of Tokyo, its elevated tracks carrying it south toward the…
Have higher risk appetite ? There's a new asset class option for HNIs
SEBI(Photo: Shutterstock) 2 min read Last Updated : Oct 01 2024 | 10:11 AM IST Market regulator Securities and Exchange Board of India (Sebi) has approved the introduction of a new asset…
How Kenya's president has fallen out with his deputy
Kenya's Deputy President Rigathi Gachagua has been threatened with impeachment proceedings by lawmakers amid intense speculation that he has had a major fallout with President William…
Ringgit’s surge pressures Singapore shoppers and Malaysians working across borders
Observers say it could continue strengthening, but that a return to below the 3.00 level against the Singdollar is unlikely The Malaysian ringgit’s surge against the Singapore dollar –…
Jammu-Kashmir elections: Afzal Guru's brother, 2 ex-Deputy CMs in race
In the 2024 Lok Sabha elections, Jammu and Kashmir recorded over 58 per cent voter turnout, the highest in 35 years. Political leaders in the Union Territory expect a relatively high voter…
China marks 75 years of Communist Party rule as challenges, threats linger
A prolonged property slump led to a spillover effect on other parts of the economy, from construction to sales of home appliances | (Photo: Shutterstock) 3 min read Last Updated : Oct 01…
Gold holds ground as investors await US data for further clues
GOLD price held its ground on Tuesday (Oct 1), following a decline of nearly 1 per cent in the previous session, as investors awaited upcoming US data for insights on potential interest…
UK charters flight for British nationals to leave Lebanon
The UK government has chartered a commercial flight out of Lebanon to assist British nationals trying to flee the fighting, the foreign secretary has announced. The situation was…
Harvesting hops for beer produces a lot of waste. These German groups are seeking to fix that
MUNICH (AP) — Two students in Munich, sipping beers on their dormitory couch in 2022, chatted about a recent lecture describing the use of banana fibers in Colombia to make sustainable…
CM Mann bats for sustained campaign to reduce stubble burning in Punjab
3 min read Last Updated : Oct 01 2024 | 7:02 AM IST Punjab Chief Minister Bhagwant Mann on Monday batted for a sustained campaign to make farmers aware about the paddy straw management to…
Venture Corp appoints Wong Chee Kheong as group CEO
TECHNOLOGY company Venture Corporation has named Wong Chee Kheong, 62, as its group chief executive officer (CEO) effective Nov 1. In his new role, Wong will provide leadership to all…
Stocks to watch: Japfa, Keppel, Mapletree Industrial Trust, Venture, CapitaLand Ascott Trust, QAF
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 1): Source link
CapitaLand Ascott Trust to acquire lyf Funan Singapore at S$263 million agreed value
CAPITALAND Ascott Trust (Clas) has proposed to acquire Victory SR Trust (VSRT), which directly holds a 100 per cent interest in lyf Funan Singapore. On Tuesday (Oct 1), its managers said…