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

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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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