Google unveils Willow chip
Category: Corporate
MAS slaps penalty of SGD 2.4 million on JPMorgan Chase Bank for misconduct by relationship managers in 24 bond transactions
In 24 over-the-counter bond transactions, the RMs had made inaccurate or incomplete disclosures to clients, resulting in the clients being charged spreads that were above the bilaterally agreed rates. These transactions took place between November 2018 and September 2019, said MAS.
Singapore Airlines to inject USD 378 million into Air India post Vistara merger
Vistara, which seized its operations with its last international flight to Singapore on Tuesday midnight, was a joint venture between India’s Tata Group and the Singapore Airlines. It had commenced operations on January 9, 2015.
Nvidia rides Trump wave to breach USD 3.6 trillion mark, overtakes Apple as most valued company
Donald Trump’s return to the White House has had a bullish effect on certain American companies. Shares of chip making giant Nvidia moved north to close at a value of USD 3.65 trillion on Thursday, November 7.
DBS Group announces SGD 3 billion share buyback programme, after posting record net profit in Q3 2024
With less than five months left before the leadership transition at DBS, the group notched up a major achievement, as its third-quarter 2024 net profit crossed SGD 3 billion for the first time — the Q3 net profit rose 15 per cent from a year ago and 8 per cent from the previous quarter to reach SGD 3.03 billion.
Trump effect: Tesla stock surges 14 percent after Republican win
With the surge, at least $120 billion was added to Tesla’s stock market value, taking it over USD 900 billion for the first time since July 2023, according to reports.
Apple CEO Tim Cook announces 4 new retail stores in India as company achieves record revenue in Sept quarter
In the September quarter, Apple reported revenue of USD 94.9 billion, a 6 percent hike from a year ago. “We continue to be excited by the enthusiasm we’re seeing in India, where we set an all-time revenue record. This has been an extraordinary year of innovation at Apple,” Cook said during the quarterly earnings call on Thursday, October 31.
ZEE5 Global appoints Manish Kalra as Chief Business Officer to drive international expansion
In his new capacity, Kalra will spearhead the strategic growth of ZEE5’s global footprint, alongside India, focusing on international audience engagement, partnerships, and market expansion, and drive the platform’s growth and profitability worldwide.
Microsoft CEO Satya Nadella to receive USD 79.1 million salary package after 63 percent hike from last year
Nearly 90 percent of Nadella’s 2024 compensation is derived from stock awards, which increased from USD 39 million to about USD 71 million.
Air India and Singapore Airlines add 51 new codeshare destinations to their partnership
From 27 October 2024, Air India and SIA will codeshare on each other’s flights between Singapore and the Indian cities of Bengaluru and Chennai, increasing their total weekly scheduled codeshare services between the countries to 56 from 14.
