Follow The Singapore Business Times - Companies & Markets, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/businesstimes2 Fri, 02 Jun 2023 14:00:36 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgU92Bnqzw6fJcb1naedg1wr BRITISH Airways was fined US$1.1 million by the US Department of Transportation (DOT) after it determined that the airline had failed to offer passengers timely refunds for cancelled flights to and from the US during the Covid-19 pandemic.]]> Fri, 02 Jun 2023 12:23:00 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgU92Bnqzw6fJcb1naedg1wr https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgV20yuhABihBps0ohxaO6Yr TWO of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand as the industry looks to hedge against a deteriorating outlook in Macau.]]> Fri, 02 Jun 2023 11:51:37 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgV20yuhABihBps0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgV20yuhABihBl1cWWor9YPv SWEDISH private equity firm EQT has agreed to buy London-listed veterinary drugmaker Dechra Pharmaceuticals for US$5.62 billion in the biggest takeover deal in Britain so far this year.]]> Fri, 02 Jun 2023 11:23:56 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgV20yuhABihBl1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgV20yuhABihBnn9ye8UNv30 MEDICAL supplies company Pasture Holdings is offering 20 million placement shares at S$0.25 apiece as it seeks a listing on the Catalist board of the Singapore Exchange (SGX).]]> Fri, 02 Jun 2023 11:19:49 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgV20yuhABihBnn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgX6q70BToH86ClmFkX7M1Jw THE massive aircraft deals announced this year – from Air India’s record 470-plane order in February to newcomer Riyadh Air building a large fleet from scratch – are testament to the optimism about a post-pandemic rebound.]]> Fri, 02 Jun 2023 10:56:30 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgX6q70BToH86ClmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgVse-09i2Ytel1cWWor9YPv HONG KONG stocks soared on Friday (Jun 2) on growing optimism the Federal Reserve will not hike interest rates at its next meeting this month, while traders also welcomed the passage of a bill to avert a US default.]]> Fri, 02 Jun 2023 10:38:00 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgVse-09i2Ytel1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWMqJ-yFqksZ-T5HJgy6HUf JAPANESE stocks rose on Friday (Jun 2), with the benchmark Nikkei index closing at a three-decade high, after US lawmakers voted to raise the debt limit and on signs central bankers are in no hurry to tighten the monetary policy.]]> Fri, 02 Jun 2023 10:01:04 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWMqJ-yFqksZ-T5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUkwZAR_y4wXaCY3L745TL_ FOREIGN inflows into Indian stocks accelerated to a nine-month high in May as investors sought to capitalise on one of the fastest growth rates among major economies.]]> Fri, 02 Jun 2023 09:07:28 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUkwZAR_y4wXaCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUHe2mqTe_zP11cWWor9YPv FEDERAL Reserve emergency lending to banks edged down in the latest week, driven by a decline in “other credit” to government wind-downs of failed banks, to US$188.1 billion on Wednesday from US$192.6 billion a week earlier, according to Fed data released on Thursday (Jun 1).]]> Fri, 02 Jun 2023 08:17:37 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUHe2mqTe_zP11cWWor9YPv https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgURE5QU-0nv36CY3L745TL_ EXXON Mobil Chief Executive Darren Woods said on Thursday (Jun 1) that he aims to double the amount of oil produced from the company’s US shale holdings over a five-year period using new technologies.]]> Fri, 02 Jun 2023 06:45:14 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgURE5QU-0nv36CY3L745TL_ https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgURE5QU-0nv3-T5HJgy6HUf SOFTBANK Group shares jumped 5 per cent in early Friday (Jun 2) trade as the technology investor - which is preparing an initial public offering of chip designer Arm - was caught up in a frenzy for semiconductor and artificial intelligence-related (AI) stocks.]]> Fri, 02 Jun 2023 06:32:45 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgURE5QU-0nv3-T5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgVz9pkkLrLHF5s0ohxaO6Yr TWITTER’S head of trust and safety, Ella Irwin, told Reuters on Thursday (Jun 1) that she has resigned from the social media company.]]> Fri, 02 Jun 2023 06:14:14 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgVz9pkkLrLHF5s0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgXRCAsfWCSBC3n9ye8UNv30 GOLD hit a more than one-week peak on Thursday (Jun 1), as the dollar tumbled after weaker US economic data on expectations of the Federal Reserve skipping an interest rate hike at its June policy meeting.]]> Fri, 02 Jun 2023 05:11:14 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgXRCAsfWCSBC3n9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgXRCAsfWCSBC6CY3L745TL_ THE Gap Inc on Thursday (Jun 1) beat a shareholder lawsuit claiming the company’s directors breached their duties by making misleading statements in securities filings about the retailer’s commitment to racial diversity in its leadership ranks.]]> Fri, 02 Jun 2023 04:55:53 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgXRCAsfWCSBC6CY3L745TL_ https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgVzzaS0u_tU38b1naedg1wr META Platforms is asking employees assigned to an office to come in three times a week beginning in September, according to people familiar with the matter, joining a clampdown on remote work in the tech industry.]]> Fri, 02 Jun 2023 03:52:11 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgVzzaS0u_tU38b1naedg1wr https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUS1WyFMM4QxaCY3L745TL_ ELECTRIC truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq’s minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday (Jun 1 ).]]> Fri, 02 Jun 2023 03:41:12 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUS1WyFMM4QxaCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUS1WyFMM4QxSlmFkX7M1Jw CITIGROUP has hired former UBS Group banker Dan Ford as a vice chairman within the natural resources and clean energy transition group of its investment bank, according to an internal memo seen by Reuters on Thursday (Jun 1).]]> Fri, 02 Jun 2023 03:21:11 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgUS1WyFMM4QxSlmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWnQfT2x0_OHZs0ohxaO6Yr BOEING has once again delayed the first crewed flight of its Starliner space capsule after discovering new technical issues, officials said Thursday (Jun 1).]]> Fri, 02 Jun 2023 03:14:53 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWnQfT2x0_OHZs0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWnQfT2x0_OHV1cWWor9YPv CREDIT Suisse Group’s Robert Huray is joining Deutsche Bank AG as vice chairman for South-east Asia, according to a spokeswoman for the German lender.]]> Fri, 02 Jun 2023 03:09:11 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWnQfT2x0_OHV1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWnQfT2x0_OHXn9ye8UNv30 BETTER cost controls at Dell Technologies helped the laptop maker beat estimates for first-quarter profit and revenue on Thursday (Jun 1), a positive sign for personal computer makers that have grappled with cratering demand for over a year.]]> Fri, 02 Jun 2023 02:48:15 +0200 https://api.follow.it/track-rss-story-click/v3/pI4OIh1lDgWnQfT2x0_OHXn9ye8UNv30