Entrepreneurship
Opec+ pauses oil output hikes beyond December amid glut fears
The group has been unwinding voluntary cuts, while the last element of the cuts for the whole group is meant to stay in place until the end of 2026[LONDON/MOSCOW]...
Keppel Infrastructure Trust proposes S$119 million acquisition of subsea cable vessel operator
[SINGAPORE] Keppel Infrastructure Trust (KIT)’s S$119 million acquisition of Global Marine Group (GMG), a subsea cable maintenance and installation vessel operator, marks its first foray into to the digital...
Alphabet, Amazon stakes in Anthropic boost profit by billions
[NEW YORK] Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in Anthropic...
Fed’s Waller calls for December rate cut, as hawks press for policy pause
[SAN FRANCISCO] A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank’s decision to cut interest rates this week, even...
Building Brands That Stick in a Saturated Market
Creating a brand that sticks in today’s market is becoming increasingly challenging. Consumers have grown incredibly savvy thanks to technology that puts information at their fingertips. They can research,...
ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production
[HOUSTON] ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in Guyana and the Permian Basin which offset lower...
Singapore registry adds 94 ships in September, bucks declining trend since 2016, as US and China tussle over port fees
Shipowners reflagging their fleet to the Republic in an attempt to navigate geopolitical tensions[SINGAPORE] The ship registry of Singapore saw a spike in the number of vessels it administered...
Raffles Education jumps 19% on debt conversion, special dividend plan
[SINGAPORE] Shares of Raffles Education surged over 19 per cent on Friday (Oct 31) morning after the company announced a debt conversion plan.It reached a one-year peak of S$0.081...
US candy makers haunted by Halloween discounts as retailers scare up sales
[NEW YORK] US retailers are discounting some Hershey candy ahead of Halloween on Friday, the confectioner’s biggest holiday, after it hiked prices this summer due to cocoa inflation, according to third-party...
SIA earnings likely to stay ‘pressured’ despite over 380,000 discounted tickets: analysts
Concerns around passenger yield, drag from the crash of Air India flight 171 and rising non-fuel costs could weigh heavier[SINGAPORE] Singapore Airlines (SIA) Group’s latest discounted tickets exercise may...
