Venture Corp posts 8.6% drop in H1 net profit to S$113 million

Venture Corp posts 8.6% drop in H1 net profit to S3 million

[SINGAPORE] Technology solutions provider Venture Corp posted an 8.6 per cent drop in net profit to about S$113 million for the six months ended Jun 30, down from S$123.7 million the year before. Revenue fell 8.8 per cent to S$1.3 billion, from S$1.4 billion previously, the mainboard-listed group said in a regulatory filing on Wednesday…

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Disney tops earnings forecasts with streaming gains, raises guidance

Disney tops earnings forecasts with streaming gains, raises guidance

[LOS ANGELES] Walt Disney posted better-than-expected results for April through June and raised its full-year earnings guidance on Wednesday (Aug 6) as the company’s streaming television profits grew and US theme park visitors increased their spending. Adjusted earnings per share rose 16 per cent from a year earlier to US$1.61 for Disney’s fiscal third quarter. …

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Air India taps Singapore Airlines to bolster fleet upkeep after crash: sources

Air India taps Singapore Airlines to bolster fleet upkeep after crash: sources

[NEW DELHI] Air India plans to lean on shareholder Singapore Airlines (SIA) to move some aircraft maintenance services in-house instead of outsourcing them to a state-owned company, according to people familiar with the matter. The Indian airline is preparing to take on pre-flight and daily aircraft inspections, minor repair work and other troubleshooting activities from…

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Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms

Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms

[SINGAPORE] Singapore-listed palm oil firms with Indonesian exposure are treading cautiously as Jakarta pushes ahead with a sweeping land seizure. The authorities have confiscated more than 2 million hectares (ha) of allegedly illegal forest concessions, raising concerns over the impact of the potential fallout on these companies’ operations. With reviews still ongoing, plantation groups, including…

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Zalando Q2 Revenues Rise 7.3%, Full-Year Guidance Adjusted

Zalando Q2 Revenues Rise 7.3%, Full-Year Guidance Adjusted

BERLIN– German online retailing giant Zalando continued to grow in the second quarter, with group revenues rising 7.3 percent to 2.83 billion euros over the three-month period. The second-quarter growth mirrors first quarter success and Zalando’s group revenues for the year so far total 5.25 billion euros, an increase of 7.6 percent compared to the…

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Transforming IT: Best Practices for Network Resilience

Transforming IT: Best Practices for Network Resilience

Imagine a global manufacturing company’s IT team scrambling as their network falters during a critical production run, with assembly lines stalled and supply chain systems frozen, delaying shipments to clients. Or a factory’s tech crew racing to fix a glitch that’s halting inventory updates, leaving suppliers in the dark. In 2025, with global network management…

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