Business
LVMH sales fall 3% as China demand for luxury goods worsens
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 15), undershooting estimates in its first…
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Adani Energy Solutions acquires 2 SPVs from PFCCL for about Rs 38 cr
Jamnagar Transmission Ltd (JTL) is established for the development of network expansion scheme in Gujarat. | Representative Image:…
Business
Blackstone to invest 7.5 billion euros in data centres in northeastern Spain
BLACKSTONE, the world’s largest alternative asset manager, plans to invest 7.5 billion euros (S$10.7 billion) to develop data centres in…
Business
Domestic air passenger traffic rises 6% to 13 million in September
2 min read Last Updated : Oct 15 2024 | 7:19 PM IST Domestic carriers flew 1.30 crore passengers in September, which is 6.38 per cent…
Business
CDL Hospitality Trusts acquires boutique hotel in England for £19.4 million
CDL Hospitality Trusts (CDLHT) is acquiring an upscale lifestyle boutique hotel in Exeter, England, as well as two retail units in the…
Business
India market regulator raises F&O position limits for trading members
This limit was earlier set at the higher of 5 billion rupees or 15% of the total open interest. (Photo: Shutterstock) 1 min read Last…
Business
US dollar steady near two-month high as markets weigh policy outlook
THE US dollar was perched near its highest level in more than two months against major currencies on Tuesday (Oct 15), spurred by wagers…
Business
Food Innovators’ IPO fully subscribed, public offer 6.3 times subscribed
In total, the private placement and public tranches have a subscription rate of 1.4 times. THE initial public offering of Japanese food…
Business
Goldman Sachs profit jumps 45% as dealmaking activity rebounds
GOLDMAN Sachs’ profit has jumped 45 per cent in the third quarter, as the investment bank benefited from a rebound in dealmaking. It…
Business
Boeing enters US$10 billion credit agreement with banks amid crippling strike
BOEING said on Tuesday (Oct 15) it has entered a credit agreement worth US$10 billion with a consortium of banks, as the US planemaker…
Business
Singapore ranks second in Apac for ESG bonds issuance in H1 2024: MSCI
THE growing prominence of labelled bonds in global bond benchmarks in H1 2024 suggests that these bonds are growing faster than the wider…
Business
Jardine Matheson leads losses; STI closes flat ahead of earnings
SINGAPORE stocks fell minimally on Tuesday (Oct 15) ahead of earnings results, led by Jardine Matheson and its subsidiary DFI Retail…
Business
RPP Infra up 5% as it bags Rs 217-cr road improvement work order in Jalgaon
2 min read Last Updated : Oct 15 2024 | 2:22 PM IST RPP Infra Projects shares were temporarily locked in 5 per cent upper circuit on the…
Business
Dutch to cut ABN Amro stake further as exits gather pace
THE Dutch government plans to sell more shares in ABN Amro Bank, joining states across Europe in speeding up the exit from banks that were…
Business
IFGL Refractories surges over 5% on plans to set up greenfield facility
Illustration: Ajay Mohanty 3 min read Last Updated : Oct 15 2024 | 12:12 PM IST Shares of IFGL Refractories soared up to 5.5 per cent at…
Business
Brokers’ take: Dyna-Mac shareholders should accept Hanwha’s S$0.67 a share offer, Maybank says
MAYBANK Securities has recommended that shareholders of offshore oil-and-gas contractor Dyna-Mac accept the revised S$0.67 a share offer…
Business
Reliance results: Weak O2C, Retail biz to keep shares sideways, say experts
5 min read Last Updated : Oct 15 2024 | 11:08 AM IST RIL, Reliance Industries results: Most brokerages have cut earnings estimates for…
Business
China’s car and ship exports hit record despite slowing trade
CHINA’S exports of both cars and ships hit records in September even as broader shipments slowed, underscoring the rapid changes in the…
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Taiwan details record surge in Chinese fighter planes involved in war games
A ministry map showed 28 of those aircraft had crossed the sensitive median line of the Taiwan Strait 3 min read Last Updated : Oct 15…
Business
Stock Market LIVE Updates: India markets likely to open higher, signals GIFT Nifty; Nikkei up 1.6%
Stock Market LIVE Updates, Tuesday, October 15, 2024: Markets in India were likely to start on a positive note on Tuesday, as indicated by…
Business
US weighs capping exports of AI chips from Nvidia and AMD to some countries
BIDEN administration officials have discussed capping sales of advanced artificial intelligence (AI) chips from Nvidia and other American…
Business
Stocks to watch: Dyna-Mac, ST Engineering
THE following company saw new developments that may affect trading of its security on Tuesday (Oct 15): Dyna-Mac: Hanwha Ocean SG – a…
Business
Adobe starts roll-out of AI video tools, challenging OpenAI and Meta
ADOBE on Monday (Oct 14) said it has started publicly distributing an artificial intelligence (AI) model that can generate video from text…
Business
Nvidia’s record close could unseat Apple as most valuable company
SHARES of Nvidia closed at their highest ever on Monday (Oct 14), putting the heavyweight artificial intelligence (AI) chipmaker on the…