Entrepreneurship
Singtel offers US1.2 billion stake in Bharti Airtel, terms show
[SINGAPORE] A Singapore Telecommunications unit offered to sell shares in Indian mobile carrier Bharti Airtel in a deal that may fetch US$1.2 billion, terms of the offering show.The unit,...
Nuclear education needed in Singapore as Asean neighbours explore deployment: Tan See Leng
Government will share latest information on safety issues regarding advanced nuclear tech with public, he says[SINGAPORE] There is a need to build up Singaporeans’ knowledge and understanding on nuclear...
Bank of Canada plans 10% job cuts as PM Carney moves to trim expenses
The central bank is committed to achieving a 15% total budget reduction over the 2026 to 2028 period[OTTAWA] The Bank of Canada is planning to eliminate hundreds of jobs,...
Bank of England keeps rates on hold in knife-edge vote that hints at cut soon
[LONDON] The Bank of England kept borrowing costs on hold on Thursday (Nov 6) but a narrow vote and signs that governor Andrew Bailey might soon join those seeking...
CapitaLand Investment’s 9M revenue dips 25.5% to S$1.6 billion after CLAS deconsolidation
[SINGAPORE] CapitaLand Investment reported a 25.5 per cent plunge in total revenue to about S$1.6 billion for the first nine months of 2025, from S$2.1 billion in the year-ago...
Singapore shares hit new high; STI up 1.5%
Across the broader market, advancers outnumber decliners 376 to 190 after 1.5 billion securities worth S$2.9 billion change hands[SINGAPORE] Local shares ended Thursday (Nov 6) higher, lifted by record...
Maybank upgrades ESR Reit to ‘buy’ on positive developments
[SINGAPORE] Maybank Securities has upgraded ESR Reit to “buy”, from “hold” previously – with a 50 per cent higher target price of S$3 – on the back of positive...
Google planning powerful AI data centre on tiny Australian Indian Ocean outpost
Data centre could support AI-enabled military command and control node, expert says[SYDNEY] Google plans to build a large artificial intelligence data centre on Australia’s remote Indian Ocean outpost of...
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
[COPENHAGEN] Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of its full-year profit forecast.Maersk said underlying earnings before...
Australia’s NAB CEO says housing is greatest societal challenge as bank books A$7.09 billion profit
NAB and the rest of Australia’s ‘Big Four’ banks rely heavily on the strength of the housing market[SYDNEY] National Australia Bank (NAB) chief executive Andrew Irvine said Australia needs...
