SINGAPORE: A year ago, OMNi was one of 12 firms vying to operate shared services for personal mobility devices (PMD) under a Land Transport Authority (LTA) scheme. Those plans came to a halt, however, when the scheme were scrapped, in line with Singapore's ban on the use of e-scooters and other ...
UBS, the world's largest wealth manager, is already seeing how long it would take for it to hit US$3 billion in full-year earnings from its Asia-Pacific operations, with 2020 earnings due to reach US$2 billion with ease.
Tesla on Wednesday (Oct 21) reported its fifth consecutive quarterly profit on record revenue of US$8.8 billion, boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers.
US pipeline operator Kinder Morgan Inc reported a 10per cent drop in quarterly profit on Wednesday as a steep drop in natural gas prices due to the coronavirus pandemic hurt production and transportation of the fuel.
Appliances maker Whirlpool Corp on Wednesday reported a 10.8per cent rise in third-quarter profit as stay-at-home orders boosted demand for its home appliances during the coronavirus crisis.
Chipotle Mexican Grill Inc on Wednesday reported better-than-expected quarterly comparable sales growth, boosted by a surge in online orders from consumers avoiding dining out due to the COVID-19 pandemic.
Soon after a Purdue Pharma LP affiliate pleaded guilty to misbranding its addictive opioid painkiller OxyContin in 2007, the company's Sackler family owners fretted about possible threats to their wealth.
The US economy continued to recover at a slight to modest pace through early October as consumers bought homes and increased spending, but the picture varied greatly from sector to sector, the Federal Reserve said on Wednesday.
The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world's two leading economies.
Abu Dhabi's International Petroleum Investment Co (IPIC) dropped a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the U.S. investment bank's dealings with Malaysian state fund 1MDB, a court filing showed on Tuesday.
