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As the buying and selling of solar energy becomes reality, Singapore could gain further ground on solar target

SINGAPORE: Imagine generating renewable energy via solar panels on your rooftop and being able to sell this energy to others. All this could soon be a reality and a step forward for Singapore as it pushes for its 2030 solar target, should a pilot project by power generation firm Senoko...

Markets

Suspected US teen mastermind pleads not guilty to Twitter hack

The suspected teenage mastermind of a huge Twitter hack pled not guilty Tuesday to allegations he hijacked celebrity accounts to swindle people out of more than $100,000 in a cryptocurrency scheme.

Markets

Franklin Templeton merges with Legg Mason, with ‘minimal cuts’ in Singapore

FRANKLIN Templeton has completed its merger with fund management company Legg Mason at end-July with minimal staff cuts in Singapore, with the US offices absorbing most of the 8 per cent staff layoffs from its combined workforce of about 12,600.

Markets

Research institute to support digital financial services needs in Asia

THE Monetary Authority of Singapore (MAS), the National Research Foundation (NRF) and the National University of Singapore (NUS) will jointly set up a research institute that supports the needs of digital financial services in Asia.

Markets

Match beats revenue estimates as Tinder user growth picks up

Match Group Inc beat Wall Street estimates for quarterly revenue on Tuesday and forecast current-quarter sales above expectations as its online dating app Tinder attracted more users during the COVID-19 pandemic.

Markets

Virgin Atlantic Airways seeks US Chapter 15 bankruptcy protection

Virgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to shield assets in this country, according to a court filing on Tuesday.

Markets

Diageo full-year sales plunge as demand in bars, restaurants dries up

Diageo Plc , the world's largest spirits maker, took a 1.3 billion pound writedown as it reported a bigger than expected decline in underlying net sales on Tuesday as demand for its whisky, vodka and gin fell in nearly all markets.

Markets

Microsoft could be ‘white knight’ for TikTok – or fall flat

A deal allowing Microsoft to buy social media phenomenon TikTok could be transformative for the US tech giant's efforts to become more consumer-focused -- if it can overcome the business and political risks.

Markets

KKR extends bid for stake in Italy’s TIM network on government request: sources

U.S. investment firm KKR has agreed to extend its binding offer for a minority stake in Telecom Italia's secondary grid until end-August at the request of the Italian government, two sources close to the matter said on Tuesday.

Markets

SEC investigates Kodak’s US government loan disclosure: Report

The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co's announcement of a US$765 million government loan to make drugs at its U.S. factories, the Wall Street Journal reported on Tuesday.

Markets

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