boosts
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an artificial intelligence (AI) boom, sending its shares...
GSK plans £2 billion share buyback, boosts long-term outlook
GSK plans to buy back £2 billion (S$3.4 billion) of shares as it raised its long-term growth outlook on optimism around its drug pipeline.The British drugmaker boosted its 2031...
IBM beats profit estimates as AI shift boosts software performance, shares surge
THE International Business Machines Corporation (IBM) surpassed fourth-quarter profit estimates on Wednesday (Jan 29), driven by robust demand in its software unit as businesses ramped up IT spending, sending...
JPMorgan boosts Jamie Dimon’s pay to US$39 million after record profit – The Business Times
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its own record for the highest...
Goldman Sachs boosts CEO pay to US$39 million, lines up five more years at helm – The Business Times
Goldman Sachs raised CEO David Solomon’s compensation 26 per cent to US$39 million for last year, according to a filing, and its board lined up an US$80 million stock...
Norway boosts Ukraine aid for 2025 to $3.2bn
Norway plans to increase its support to Ukraine for 2025 to at least 35 billion Norwegian kroner ($3.2 billion), the government announced after a parliamentary meeting on Thursday.Of this...
US: Wall St opens higher as Trump’s Treasury selection boosts sentiment
WALL Street’s main indexes opened higher on Monday (Nov 25), with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent’s nomination as Treasury Secretary...
Siemens Energy boosts mid-term targets on infrastructure boom
SIEMENS Energy raised its mid-term targets after demand for its grid technologies helped offset losses at its beleaguered wind-turbine division. Revenue is likely to grow at a high single-digit...
