Business
Seatrium shares plunge 7.8% after US$475 million Maersk contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Tag
Contract
Business
Seatrium shares plunge 7.8% after US$475 million Maersk offshore Wind contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel
The contract was with a Maersk Offshore Wind affiliate, for deployment at US offshore wind farm Seatrium on Friday (Oct 10) announced that…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 7%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Eli Lilly to invest US$1 billion in India contract manufacturing
The investment plan comes days after US President Donald Trump announced a 100% tariff on imported branded or patented drugs Eli Lilly…
News
BYD-linked consortium wins Singapore contract to trial autonomous buses in public
The vehicles will be piloted on services 400 and 191 for three years, starting in the second half of 2026 The Land Transport Authority…
Unsorted
UK announces £400m Google Cloud info contract
The UK government has agreed a £400 million (S$695.6 million) contract with Google Cloud, days before President Donald Trump’s visit,…
Business
Seatrium loses appeal to block US$126.6 million rig contract payment
The group will continue with arbitration to resolve dispute and seek recovery of payment Seatrium on Friday (Sep 12) said its appeal in…
Unsorted
Sinopec wins engineering contract for Saudi Arabian green hydrogen project
The project will produce annually 400,000 metric tons of green hydrogen and 2.8 million tons of green ammonia China’s Sinopec said on…
Business
Microsoft’s access to OpenAI tech is focus of contract talks
Microsoft is in advanced talks to land a deal that could give it ongoing access to critical OpenAI technology, an agreement that would…
Business
Samsung Electronics signs US$16.5 billion contract to supply semiconductors
Samsung Electronics said on Monday it has signed a contract valued at US$16.5 billion to supply semiconductors to a major global…
Business
ST Engineering up 7.3% on Q2 contract wins
ST Engineering soared on Thursday (Jul 24) morning after the group announced that it bagged S$4.7 billion in contracts for Q2 2025. As at…
Business
ST Engineering climbs 7.7% to record high on Q2 contract wins
The counter is up 91.2% year to date from its S$4.66 closing price on Dec 31, 2024 ST Engineering’s share price soared on Thursday (Jul…
Business
ST Engineering climbs 8.1% to record high on Q2 contract wins
The counter is up 91.2% year to date from its S$4.66 closing price on Dec 31, 2024 Shares of ST Engineering soared on Thursday (Jul 24)…
Unsorted
Indonesia plans US$8 billion refineries contract with US firm amid tariffs deal: sources
Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction contract with US…
Business
G-III Hits PVH With $250M Breach of Contract Lawsuit
G-III Apparel Group is done playing the jilted licensing partner, and has filed a $250 million breach of contract against PVH Corp. in New…
Unsorted
Steph Curry's Under Armour Contract: Everything You Need to Know
Steph Curry will be the subject of a new documentary premiering Wednesday on MSNBC, and rather than exploring his greatness in basketball…
Business
OKP unit wins S$258.3 million LTA contract to construct new cycling paths in east
A unit of mainboard-listed infrastructure and civil engineering company OKP has won a contract worth S$258.3 million from the Land…
Business
Microsoft touts AI sales at town hall, reveals Barclays contract
MICROSOFT touted its progress selling artificial intelligence tools to corporate customers during a companywide town hall on Thursday,…
Business
CPF extends Great Eastern’s Dependants’ Protection Scheme administrator contract to September 2028
The term life insurance scheme currently covers more than two million Singaporeans and permanent residents, the CPF Board said Great…
Unsorted
Anaergia signs contract for five biomethane plants in Italy
Anaergia, via its subsidiary, has entered into a contract with Italian company Techbau involving five new biomethane production plants in…
Business
Airbus wins £150 million contract to land European rover on Mars
Airbus has won a £150 million (S$260.4 million) contract to develop a landing platform that will deliver a UK-built rover onto Mars for a…