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MALAYSIA’S Capital A Berhad, owner of budget airline AirAsia, swung to an annual loss in 2024 due mainly to foreign exchange fluctuations, it reported on Friday (Feb 28), but said it…
The company is expected to report an underlying loss of A$79.5 million for the six months ended Dec 31, according to Visible Alpha consensus estimates CASINO operator Star Entertainment…
PARIS – Beiersdorf AG said Thursday that it expects organic growth to decelerate in 2025, due to a weaker demand for skin care. The German maker of Nivea, La Prairie and Chantecaille…
MALAYSIA-PALM/CHINA:Malaysia expects its palm exports to China to be 'resilient' amid price pressure Malaysian palm oil exports to China will “remain resilient” this year despite their…
PRIVATE cord-blood bank Cordlife expects to post a loss for the 2024 fiscal year due to the financial fallout from lapses discovered in the storage of its cord-blood units two years ago.…
ROBINHOOD Markets plans to launch Singapore crypto offerings in 2025 through an entity of European digital-assets exchange Bitstamp, which it recently acquired. The company intends to roll…
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9 billion this year MAERSK on Thursday (Feb 6) reported…
MICROSOFT president Brad Smith on Friday (Jan 3) said the company is on track to pump about US$80 billion into artificial intelligence (AI) this fiscal year. Smith contended AI is poised…
Jens Bischof, CEO of the airline Eurowings and President of the German Aviation Association, speaks at a press conference. Bernd Weißbrod/dpa Ticket prices for air travel in Germany are…
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
US Federal Reserve chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue…
Indonesia is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday (Dec 3), following the ban on iPhone 16 sales for…
INTEL expects the US government to reduce a preliminary subsidy of US$8.5 billion to build more chip factories, two sources familiar with the matter said on Monday (Nov 25), weeks after…
ANKARA, Turkey (AP) — Turkey expects to be offered “partner country" status with the BRICS bloc of developing economies, the country's trade minister said Wednesday. Turkey requested to…
The research house believes Centurion is well-positioned to yield better rental rates given the shortage of dormitory supply in Singapore RHB on Monday (Oct 14) raised its target price on…
Lufthansa chief executive Carsten Spohr expects further reductions to German flight schedules and expressed fears that it could harm the country's appeal to foreign investors, in comments…
The banking veteran takes on senior adviser role at digital wealth manager Arta Finance THE wealth management industry is on the cusp of change – and banking veteran Ralph Hamers expects…
The Turkish government expects Germany to enable progress in its long-discussed purchase of ultimately 40 Eurofighter jets, sources familiar with the matter told dpa on Thursday. Ankara is…
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major signalled in a regulatory filing published on Thursday…
BARCLAYS said it expects a raft of senior dealmakers its hired in recent months to become more productive in the coming year, which executives hope will help them boost returns at the…
India holds significant promise for biogas development, with its potential to generate around 62 million tonnes of compressed biogas annually, equivalent to replacing nearly 7 per cent of…
