Trump’s Truth Social tops downloads on Apple App Store; many waitlisted
Donald Trump’s new social media venture, Truth Social, launched late on Sunday in Apple’s App Store, potentially marking the former president’s return to social media after he was banned from several platforms last year
Singapore announces 2022 budget proposals
Following are some excerpts taken from Singapore’s 2022 budget proposals announced by Finance Minister Lawrence Wong to parliament on Friday.
Software firm Palantir boosts revenue view on commercial strength
Palantir Technologies (PLTR.N) forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the data analytics software firm’s fourth-quarter revenue.
Exclusive: New York pension fund to divest half its shale companies
New York’s state pension fund will sell $238 million worth of stock and debt it holds across 21 shale oil and gas companies including Chesapeake Energy Corp, Hess Corp (HES.N) and Pioneer Natural Resources (PXD.N), saying they have not shown they are ready to move to a low-emissions economy.
James Hardie sets higher profit view as U.S. housing market boom continues
James Hardie (JHX.AX), the world’s largest fibre cement maker, on Monday raised its annual profit forecast for the fourth time this fiscal year, and guided to even higher earnings next year, driven by a boom in the housing sector in North America.
Toshiba now plans to split into two, bumps up shareholder return targets
Toshiba Corp (6502.T) said it now aims to break up into two companies instead of three, while also unveiling a big boost to planned shareholder returns in an effort to appease angry investors.
Santander lifts profits as it releases pandemic provisions
Spain’s Santander (SAN.MC) released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in its main markets and helping boost net profit eight-fold compared to a year earlier.
U.S. helps fund California port project as export delays hurt food makers
The U.S. Department of Agriculture said on Sunday it will help fund a new container yard for agricultural exports at California’s Port of Oakland, as the government, ports and food companies scramble to ease costly shipping delays.
Ryanair posts quarterly loss but says fares could rise this summer
Ryanair (RYA.I) reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was hopeful that rivals’ cuts to capacity may help push prices up in the key summer season.
India’s Ather targets 1 million electric scooters a year as demand soars
Ather Energy, India’s top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years amid a surge in demand, the startup’s co-founder and chief executive told Reuters.
