Business
Oil settles down on strong US supply, losses capped by Ukraine escalation
OIL prices settled lower on Wednesday (Oct 20) after US crude and petrol stocks rose by more than expected last week, but losses were…
Tag
Losses
Business
Spirit Airlines Files for Bankruptcy Amid Piling Debt and Years of Financial Losses after Merger With JetBlue Fails
Spirit Airlines announced on Monday that it has filed for bankruptcy protection as it works to restructure its operations amid mounting…
Business
South Korean refiners’ losses deepen in Q3, margins set to improve in Q4
SOUTH Korean refiners reported on Monday (Nov 4) sharp losses in the third quarter from oil refining, but expect their margins to recover…
Business
Delta sues CrowdStrike for outages causing $500 million in losses
Delta Air Lines filed a lawsuit against cybersecurity giant CrowdStrike on Friday, seeking massive damages for a catastrophic technology…
Business
Singapore restaurants warn of losses amid challenging business environment
CATALIST-listed restaurant groups Tung Lok Restaurants and Japan Foods Holding (JFH) separately issued profit warnings on Friday (Oct 25),…
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
Top Glove’s Q4 losses narrow to RM3.6 million on higher sales; proposes bonus issue of warrants
TOP Glove recorded a net loss of RM3.6 million (S$1.1 million) for the fourth quarter ended Aug 31, narrowing from its RM461.7 million net…