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Twitter beats Q4 sales estimates
NEW YORK: Twitter Inc reported fourth-quarter revenue that topped analysts’ estimates, capitalising on a robust holiday season for digital advertising, though the social network added fewer new users than projected and warned that audience gains in 2021 will slow compared with last year’s pandemic-fuelled surge.
SunREIT shows resilience
PETALING JAYA: Sunway Real Estate Investment Trust (SunREIT) will be able to weather the current office oversupply situation, given the resilience of the group’s office segment.
Amundi CEO steps down from Europe's biggest fund manager
PARIS: Amundi Chief Executive Yves Perrier is stepping down after more than a decade running Europe's largest fund manager and will be succeeded by his deputy Valérie Baudson, the group said on Friday.
Macquarie shares surge on profit outlook
SYDNEY: Macquarie Group Ltd surged the most in 10 months in Sydney trading after raising its profit outlook as markets rebound from the coronavirus pandemic.
Bank of America divided as bankers cry foul over special bonus treatment
NEW YORK: Anger is building in the senior ranks at Bank of America Corp after the company waived an unpopular new bonus policy for top traders and dealmakers while keeping the plan in place for other employees.
Singapore billionaire gets windfall as dream deal with Nippon Paint comes true
SINGAPORE (Bloomberg): Almost a decade ago, the son of Singapore paint tycoon Goh Cheng Liang set his sights on gaining control of Japan's biggest paint-maker. He finally succeeded, and that has been a boon for the family's wealth.
Qualcomm warning shows chip shortages spreading
SAN DIEGO: Qualcomm Inc, the world’s largest smartphone chipmaker, warned it is struggling to meet demand, signalling that a global semiconductor shortage is spreading.
Qualcomm warning shows semicon shortages spreading
QUALCOMM Inc., the world’s largest smartphone chipmaker, warned it is struggling to meet demand, signaling that a global semiconductor shortage is spreading.
Amazon announces financial results, CEO transition
SAN FRANCISCO, Feb. 2 (Xinhua) -- Amazon.com, Inc. on Tuesday announced its financial results for the fourth quarter ended Dec. 31, 2020, with net sales of 125.6 billion U.S. dollars, up 44 percent year over year.
Alibaba beats quarterly revenue estimates on online boom
SHANGHAI (Reuters): Alibaba Group Holding Ltd beat Wall Street estimates for third-quarter revenue on Tuesday, as its e-commerce business benefited from a switch to online shopping triggered by the COVID-19 pandemic.
