Entrepreneurship
Boeing to sell Jeppesen unit to Thoma Bravo for US$10.55 billion
[WASHINGTON] Boeing said on Tuesday (Apr 22) it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for US$10.55...
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75[SINGAPORE] City Development Limited’s (CDL) wholly owned subsidiary has increased its offer to buy the...
Apple iPhone prices could spike as much as 7% in this tariff scenario, Citi estimates
[SINGAPORE] Apple iPhones could get more expensive on any upcoming US tariffs as the tech giant passes on costs to consumers, said a Citi report.“We estimate (that) the iPhone...
The yen strengthens past 140 per dollar for the first time since September
[TOKYO] The yen advanced past the psychological level of 140 against the US dollar as investors sought alternatives to the greenback amid increasing risks for US assets.
With the...
UBS resets India strategy with 360 ONE deal
[HONG KONG/BENGALURU] UBS said on Tuesday (Apr 22) that it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5 per cent,...
China’s Nio delays Europe launch of Firefly EV to third quarter
The company will sign a contract to sell cars into Singapore this week, CEO William Li saysPublished Tue, Apr 22, 2025 · 11:26 AM[SHANGHAI] China’s Nio said on Tuesday...
Air India keen to take Boeing jets refused by China airlines
[NEW DELHI] Air India is looking to take Boeing planes rejected by Chinese carriers, sources familiar with the matter said, joining the ranks of Asian airlines vying to benefit...
China’s Cnooc agrees LNG deal with UAE’s Adnoc amid tariff war with US
Published Tue, Apr 22, 2025 · 09:56 AM[SINGAPORE] China National Offshore Oil Corporation (Cnooc) has agreed a term deal to buy liquefied natural gas (LNG) from Abu Dhabi National...
Metals billionaire Anil Agarwal seeks mining reboot amid debt overhaul, Saudi push
[DUBAI] Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move aimed at trimming the group’s US$11 billion debt pile...
ESR-Reit Q1 NPI up 31.3% at S$82.5 million on acquisitions, asset enhancements
[SINGAPORE] The manager of ESR-Reit on Tuesday (Apr 22) posted a 31.3 per cent rise in net property income (NPI) for the first quarter to S$82.5 million from S$62.9...
Keppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S$65 million ahead of GMG acquisition
[SINGAPORE] Keppel Infrastructure Trust (KIT) on Tuesday (Apr 22) reported a jump in distributable income of 27.7 per cent to S$65 million, from S$50.9 million in the previous corresponding...
