Exclusive-CNBC to unify digital and TV news operations, cut nearly a dozen jobs, sources say
Feb 26 : CNBC is restructuring its newsroom to unify its TV and digital operations in a move that would result in nearly a dozen layoffs including the departure of the website's managing editor, Jeff McCracken, four sources familiar with the matter told Reuters.The cuts are part of an overhaul ...
Russian authorities weigh block on Telegram from early April, RBC reports
MOSCOW, Feb 26 : Russian authorities have decided on a time frame for blocking the Telegram messaging app and this may happen in early April, the RBC news outlet reported on Thursday.Telegram is a hugely popular tool in Russia for both public and private communications, but the authorities accuse it ...
Nvidia shares fall as upbeat forecasts fail to excite investors
Feb 26 : Nvidia's shares fell on Thursday as the AI bellwether's upbeat results failed to lift sentiment for investors increasingly concerned about the returns from massive spending on artificial intelligence.Its shares slid 4.8 per cent to $186.28 in morning trading, weighing on the main ...
S&P 500 opens subdued as Nvidia’s strong results draw muted reaction
[NEW YORK] The S&P 500 and the Nasdaq were muted at the open on Thursday (Feb 26), as Nvidia’s stellar earnings garnered...
Hacking group begins leaking customer data in Dutch telecom Odido hack
AMSTERDAM, Feb 26 : The criminal group behind a hack at Dutch telecom Odido, one of the largest carried out in the Netherlands, has begun publishing customer information on the dark web, the company said on Thursday.The theft of personal data of 6 million customers from the firm, T-Mobile's for ...
Centurion Corporation H2 profit drops 82% to S$40.9 million on lower fair-value gains
Deon Loke - For the full year, net profit was down 67 per cent to S$114.8 million
Syngenta plans to launch up to $10 billion Hong Kong IPO in second quarter, sources say
ZURICH/HONG KONG, Feb 26 : Syngenta Group plans to launch an up to $10 billion stock market listing in Hong Kong in the second quarter of this year and has hired banks to manage the initial public offering, two people with knowledge of the matter told Reuters.The Basel-based company, controlled by C ...
Syngenta plans to file for up to $10 billion Hong Kong IPO in second quarter, sources say
(Corrects headline and paragraph 1 to show that IPO filing will be in the second quarter, not the IPO launch)By John Revill, Kane Wu and Oliver HirtZURICH/HONG KONG, Feb 26 : Syngenta Group plans to file the application for an up to $10 billion stock market listing in Hong Kong in the second quarter ...
UOB Kay Hian lifts Food Empire’s target price to $4.21 on ‘solid execution’
Felicia Tan - UOB Kay Hian analyst John Cheong has lifted Food Empire’s target price to $4.21 from $3 after the company reported a stronger-than-expected set of results for its FY2025. For the 12 months ended Dec 31, 2025, the company reported patmi of US$36 million ($45.5 million), due to a one-off, non-cash f ...
Thakral posts five-fold jump in FY2025 earnings to $170.9 mil
Samantha Chiew - Thakral has posted earnings of $170.9 for the FY2025 period ended Dec 31, 2025. This is a five-fold jump from earnings of $28.8 million last year. This came on the back of a 42% y-o-y increase in total revenue (lifestyle segment and investment segment) to $411.3 million, with both segments showing m ...
OpenAI to make London its biggest research hub outside US
LONDON, Feb 26 : ChatGPT maker OpenAI said on Thursday that it would make London its largest research hub outside the United States, citing Britain's technology ecosystem as an ideal environment to invest in and develop new artificial intelligence systems.The move feeds into Britain's push ...
Exclusive-Broadcom expects to sell 1 million 3D stacked chips by 2027
SAN JOSE, California, Feb 26 : Artificial intelligence chip designer Broadcom said that it expects to sell at least 1 million chips by 2027 based on its stacked design tech, an executive told Reuters on Wednesday.The forecast, which Reuters is the first to report, marks a new product and sales targe ...
EBay laying off about 800 workers, 6% of global workforce
It’s to align its workforce with strategic priorities
Tencent said to be in talks for stake in ‘Block Blast!’ gaming studio
[SHENZHEN] Tencent Holdings is in talks to acquire a small stake in Hungry Studio, a gaming developer behind popular title Block Blast!,...
UltraGreen.ai earnings rise 35% to US$75.6 million for FY2025
Benjamin Cher - Revenue climbs 24% to US$142.4 million
Microsoft’s Japan chief stresses compliance with antitrust probe
Japan is looking at possible anti-competitive practices involving the Azure cloud services
Beng Kuang Marine to acquire remaining 49% stake in Asian Sealand Offshore and Marine for $60 mil
Felicia Tan - Beng Kuang Marine is proposing to acquire the remaining 49% stake it does not own in its 51%-owned subsidiary, Asian Sealand Offshore and Marine (ASOM), for $60 million. The group entered into a term sheet with Isustainability, SPRG, Leonard Chia Choong Leng and Ng Leng Soo in relation to the propos ...
Sports infrastructure that goes the distance
Bill Hanway - Moments define sporting events — the opening night, the championship final, the global broadcast that places a city at the centre of attention. While these moments still shape memory and identity, they no longer serve as the sole measure of the host city’s success. Greater fiscal scrutiny, along ...
Contract manufacturer Flex seeks to overturn Indian tribunal ruling in Xiaomi tax case, court filing shows
NEW DELHI, Feb 26 : Contract manufacturer Flex is asking India's Supreme Court to overturn an Indian Tax Tribunal order relating to the tax authorities payment dispute with Chinese smartphone maker Xiaomi, a court filing from Flex, seen by Reuters, showed.Xiaomi has been asked to pay $72 millio ...
World Economic Forum CEO Borge Brende quits after Epstein ties scrutinised
WEF’s Alois Zwinggi will serve as interim president and CEO
Trump brothers-backed American Bitcoin swings to quarterly loss amid crypto selloff
Feb 26 : American Bitcoin, backed by two of U.S. President Donald Trump's sons, swung to a fourth-quarter loss on Thursday amid a weakness in the digital assets space. Concerns over stretched valuations in artificial-intelligence stocks and uncertainty around the timing and scale of U.S. Federa ...
Equinix, Canada's CPPIB near deal to buy Nordic data-center operator atNorth, Bloomberg News reports
Feb 26 : Equinix and Canada Pension Plan Investment Board are close to reaching a deal to acquire atNorth, a pan-Nordic data-center operator backed by Partners Group, Bloomberg News reported on Thursday, citing people familiar with the matter.The deal, which may be announced in the coming days, coul ...
Singlife offers new indexed universal life plan amid growing HNW demand
Ranamita Chakraborty - The launch comes amid growing appetite for UL plans, fuelled by rising wealth creation across Asia-Pacific
Soilbuild Construction H2 profit jumps 84.1% to S$35.3 million
Deon Loke - A final dividend of S$0.025 a share has been recommended for FY2025
Instagram to alert parents on teen suicide searches as UK weighs social media ban
LONDON, Feb 26 : Instagram said it would notify parents if their teenager repeatedly searches for terms related to suicide or self-harm within a short period, as pressure grows for governments to follow Australia's ban on the use of social media for under 16s.Britain said in January it was cons ...
CNMC Goldmine’s H2 profit jumps 384.1% as gold rally lifts earnings
Benicia Tan - The company raises dividends to S$0.05 a share for FY2025
UI Boustead Reit lodges IPO prospectus, raising S$1.2 billion at S$0.88 per unit
Benjamin Cher - Its initial portfolio will comprise 23 properties with a total net leasable area of 5.3 million sq ft
Norway's wealth fund using AI to screen for ESG risks
OSLO, Feb 26 : Norway's $2.2 trillion sovereign wealth fund, the world's largest, is using AI to screen companies for risks such as potential links to forced labour and corruption, and help avoid financial losses as a result, it said on Thursday.One of the world's largest investors, t ...
Deutsche Telekom CEO criticises EU telecom rules overhaul
Feb 26 : Deutsche Telekom chief executive Timotheus Hoettges expressed dissatisfaction with how the European Union is handling the reform of telecommunication sector rules and called for more deregulation."We're seeing more and more red tape, more requirements," he said during a press ...
US stock futures waver as Nvidia's blockbuster results draw muted response
Feb 26 : U.S. stock index futures were muted on Thursday as Nvidia's stellar quarterly results garnered a lukewarm response from investors and downbeat earnings from software company Salesforce weighed on sentiment. Nvidia inched 0.6 per cent higher in premarket trading after the chipmaker post ...
Amazon refused permission to appeal go-ahead for UK lawsuits from retailers, consumers
LONDON, Feb 26 : Amazon on Thursday lost its latest bid to try to throw out two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.41 billion) for allegedly abusing its dominant position.Andreas Stephan, a competition law academic, brought one of the cases on behalf of over ...
Musk touts California robotaxis but Tesla does nothing to get permits
LOS ANGELES, Feb 26 : For more than a year, Elon Musk has repeatedly said Tesla is months away from launching a driverless robotaxi service in California – once state regulators give their blessing.Tesla did nothing to secure that approval in 2025, according to previously unreported state Departme ...
OCBC CEO breaks with buyback trend: ‘My preference is for special dividend’
Kwan Wei Kevin Tan - When it comes to sharing profits with shareholders, companies have two main options: pay dividends or buy back shares. There are advantages and drawbacks to either method. Dividends help sustain investor interest in a company and are particularly popular with retired and retail shareholders who rely ...
Give credit where credit is due
Goola Warden - It was no surprise that analysts were focused on asset quality and credit costs, following DBS Group Holdings’ surprise specific provisions (SP) of $415 million in 4QFY2025 ended Dec 31, 2025, and new non-performing asset (NPA) formation of $751 million, the highest since the more than $1 billion ...
