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Singtel flags $3.1 billion impairment hit, net loss in second half of 2024

$2 billion of impairment provisions come from Australian unit Optus’ goodwill. Read more at straitstimes.com.

Every Dollar Lost to Fraud in Australia Costs Firms AUD$3.68 According to LexisNexis True Cost of Fraud Study

/PRNewswire/ -- LexisNexis® Risk Solutions has unveiled the findings of its 2023 LexisNexis® True Cost of Fraud™ Study – Asia Pacific. The annual report, based...

Singtel sees US$2.3 billion impairment hit, net loss in 2024 second-half

Singapore Telecommunications on Monday (Apr 29) forecast non-cash impairment provisions of S$3.1 billion (US$2.28 billion) for second-half of 2024 that would lead to the telecom giant reporting a net loss for the period. The company also warned that it would report a lower net profit for the full-year ende

PepsiCo, Inc. (NASDAQ:PEP) Stake Reduced by Retirement Systems of Alabama

Retirement Systems of Alabama reduced its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 552,306 shares of the company’s stock after selling 8,252 shares during the quarter. […]

American Express (NYSE:AXP) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama decreased its holdings in shares of American Express (NYSE:AXP) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 480,181 shares of the payment services company’s stock after selling 4,670 shares during the quarter. Retirement […]

Monumental Financial Group Inc. Boosts Position in CoStar Group, Inc. (NASDAQ:CSGP)

Monumental Financial Group Inc. grew its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,890 shares of the technology company’s stock after buying an additional 326 shares during […]

Telstra and Cognizant sign five-year partnership for software engineering and IT boost

Telstra has signed a five-year deal with Cognizant as part of the telecommunication company’s software engineering and IT capability play, tapping into modern technologies like AI.

Norsta and Norship pitch Mobile Travel Lift to NT Government for Darwin

Profits with purpose: R1i Technology

For the past 14 years, Western Australia-based R1i Technology has been supplying Cisco technology in partnership with Ingram Micro to local clients, including many in the resources sector. 

iTWire - How the experience of an APAC banking CIO crystallised cloud observability's rapid rise

GUEST OPINION:  At Dynatrace’s recent global conference, a conversation with the CIO of an Asia Pacific digital bank was recounted and held...