Entrepreneurship
EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion
EV MAKER Rivian on Friday said it was giving its CEO a pay plan worth as much as US$4.6 billion over the next decade, a deal similar to Tesla’s...
Crude oil recovers late in session on hopes over US-Hungary meeting
[HOUSTON] Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as US President Donald Trump met Hungary’s Prime Minister Viktor Orban at the...
Sri Trang Gloves Q3 loss widens to 106 million baht on impairment, derivative losses
The steeper net loss comes as its top line decreases 5.6% year on year to 6.1 billion baht, even as sales volume rises[SINGAPORE] Sri Trang Gloves’ net loss for...
Nvidia CEO Jensen Huang says AI chip sales to China are blocked for now
The company is not trying to revive efforts to get Blackwell AI chips to Chinese firms[TAIPEI] Nvidia chief executive officer Jensen Huang said his company is effectively blocked from...
Cortina’s H1 profit rises 10% to S$30.5 million amid stronger regional sales
[SINGAPORE] Luxury watch retailer Cortina posted a 10 per cent rise in net profit to S$30.5 million for the six months ended Sep 30, up from S$27.8 million a...
Impact of tariffs, trade restrictions not fully played out, but no systemic risk yet: OCBC
Bank has been able to navigate the uncertainty ‘quite well’, and still sees growth in sectors such as digital infrastructure, says deputy CEO[SINGAPORE] OCBC is still monitoring the impact...
AvePoint Q3 earnings jump four times to US$13 million; shares fall on EPS miss
[SINGAPORE] Cybersecurity company AvePoint has posted a 396.8 per cent increase in net profit to US$13 million for its third quarter ended Sep 30, from US$2.6 million in the...
Pop Mart shares fall after live-streaming incident about pricing
The controversy coincides with a broader cooling in secondary market prices of the Labubu series[HONG KONG] Shares of Pop Mart International Group, the maker of the popular Labubu toy...
As EVs dominate, why are Esso petrol stations being acquired and what will the future look like?
The purchase of petrol stations – a ‘sunset’ industry – comes at a time where EV-maker BYD is outselling long-time king Toyota[SINGAPORE] Indonesia’s Chandra Asri recently announced its plans...
Singtel shares surge 4.9% to new high on Bharti Airtel sale, talks for data centre deal
In a bourse filing on Friday morning, Singtel acknowledges that it is in talks about STT GDC as part of a consortium[SINGAPORE] Shares of Singtel surged 4.9 per cent...
