Universal Music confidentially files for US listing
NEW YORK - Universal Music Group, the world's biggest music label, disclosed on July 21 that it had confidentially filed for a US listing.
Universal Music, whose primary listing is in the Netherlands, did not reveal the size of the US offering or how much it was planning to raise.
The company was valued at about 49.65 billion euros (S$74.3 billion) based on its July 21 closing price on the Dutch exchange, according to LSEG data. The stock is up about 10 per cent this year.
Billionaire Bill Ackman-led Pershing Square, one of the major stockholders in Universal Music, had previously pushed the company to list its shares in the United States.
The Netherlands-based label's roster of stars includes Taylor Swift, Billie Eilish, Drake, The Weeknd, Ariana Grande, and Harry Styles, according to its website.
Companies are lining up to list their shares in the United States to take advantage of a strong rebound in the country's equity markets following a brief lull due to uncertainty surrounding President Donald Trump's tariff policies.
Confidential filings allow companies to keep financial and strategic information private while engaging with regulators and assessing investor appetite ahead of public disclosure. REUTERS
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Singapore has bilateral agreements with the United States and France to pursue cooperation on nuclear energy, which could better help in the country's evaluation of the viability. In July 2024, the Republic inked the 123 Agreement on Nuclear Cooperation with the US , which will allow Singapore to learn more about nuclear technologies and scientific research from American organisations. For example, local research institutes could work with US national laboratories and technology companies to perform safety simulations and modelling of SMRs. In May, Singapore and France signed agreements on nuclear energy to facilitate cooperation on safety, workforce development, research, environmental protection, the protection of public health, and emergency preparedness and response, among others. 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Straits Times
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Straits Times
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Ms Loke suggested that young professionals keep a list of their accomplishments, enable smart job alerts and use easy-to-update resume templates. They can keep an ongoing list of their key skills – each accompanied by a few real-life examples – which helps with matching job requirements to their skills. Setting up job alerts based on one's top skills can also make it easier to find suitable job openings and allow one to observe patterns in how employers phrase their needs in such listings. Knowing the pattern would allow job seekers to curate a flexible template structured around specific skill groups, so that they can easily rearrange or swop out points to adapt the resume to the language of each job posting. 'One of the best things Gen Z professionals can do early in their careers is to adopt a growth mindset,' said Ms Tandon. First, young professionals should make it a habit to reflect on what they have learnt from different tasks, such as leading a project, working cross-functionally or navigating a challenge. Second, young professionals should actively seek feedback from their peers, managers and even interviewers. 'Understanding your strengths allows you to double down on them, while feedback on growth areas gives you a clear road map for what to improve or develop next,' she added. Finally, young professionals should make upskilling a priority, and stay informed on trends within and beyond the industry they are in. She said: 'Career growth is about continually investing in yourself, staying agile and being open to what's next... 'When you lead with this mindset, everything else will follow.'
