Newsroom veteran and former SPH deputy CEO Patrick Daniel to be interim chief of SPH Media Trust

Newsroom veteran and former SPH deputy CEO Patrick Daniel to be interim chief of SPH Media Trust

“The strategic objective remains the same: to preserve quality newspapers in all four languages trusted by readers, and to sustain them over the long term,” he said. “Likewise, the values and …
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UPDATE 1-Zurich Insurance confident on 2021 after good start in Q1

(Adds details). ZURICH, May 12 (Reuters) – Zurich Insurance expressed “great confidence” in its business performance this year after a solid first quarter, it said on Wednesday. Property & Casualty (P&C) gross written premiums rose 14% in the quarter on a …
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Naspers unveils share-swap plan with Prosus to help close value gap

Naspers, Africa’s most valuable group, has announced a plan for shareholders to swap their ordinary N-shares with those of Amsterdam-listed consumer internet subsidiary Prosus, as it seeks to close a hefty gap between the underlying value of its assets and …
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Subaru teases its first EV

Subaru has revealed that its first all-electric vehicle will called Solterra and has given us an idea of what it would look like in a photo wherein it’s partially hidden in the shadows. Solterra comes from the Latin words for “sun” and “earth” and was chosen to …
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Bayer backs outlook as net profit rises

Bayer AG on Wednesday reported a rise in net profit despite slightly lower sales and backed its outlook for the year. The German pharmaceutical and chemical conglomerate posted net profit of 2.09 billion euros ($2.54 billion), up from EUR1.49 billion in the …
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