Business
Mattel beats profit estimates on cost controls but trims annual sales forecast
MATTEL topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered its annual sales…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
Apple CEO Cook says company will increase investment in China: Xinhua
APPLE CEO Tim Cook said at a meeting with the Chinese government in Beijing that the US company will increase investment in China and…
Business
Keppel’s ‘moat’ gives it an edge in the data centre business: CEO
KEPPEL’S access to greener infrastructure and funds has created a “moat” and given the company an edge in the data centre business, noted…
Business
TSMC cuts off client after discovering chips sent to Huawei
TAIWAN Semiconductor Manufacturing Company (TSMC) discovered this month that chips it made for a specific customer ended up with Huawei…
Business
Nvidia supplier SK Hynix posts record Q3 profit, beats forecasts
SOUTH Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as…
Business
ServiceNow sales growth fails to impress AI-hungry investors
SERVICENOW reported strong third-quarter sales and bookings, but failed to clear the lofty expectations of investors looking for a bigger…
Business
Whirlpool reaffirms forecast despite pre-election sales slump
WHIRLPOOL, the owner of Maytag, rose in late trading on Wednesday (Oct 23) after reporting better than expected earnings, and reaffirming…
Business
IBM posts soft revenue growth as consulting woes continue
INTERNATIONAL Business Machines (IBM) reported underwhelming sales as the company grapples with a slowdown in consulting demand. Sales…
Fashion
Mike Ashley’s Frasers pulls bid for handbag maker Mulberry
BILLIONAIRE Mike Ashley’s Frasers Group is walking away from an attempted takeover of Mulberry Group but is still pushing for a board seat…
Business
Ennoconn Corp garners 63.77% of NeraTel shares at offer close
This comes after Ennoconn had in September agreed to buy 53.38% of the mainboard-listed company A MANDATORY unconditional cash offer by…
Business
US: Wall St dips at the open as yields rise, earnings weigh
Wall Street’s main indexes opened lower on Wednesday (Oct 23), pressured by rising Treasury yields and as investors focused on earnings…
Business
OUE Reit Q3 net property income drops 3.7% to S$60.3 million
OUE Real Estate Investment Trust (Reit) reported a 3.7 per cent dip in net property income in the third quarter to S$60.3 million, from…
Business
TSMC cuts off client after discovering chips diverted to Huawei
TAIWAN Semiconductor Manufacturing Co (TSMC) discovered this month that chips it made for a specific customer ended up with Huawei…
Unsorted
Boeing CEO presses turnaround at embattled planemaker as contract vote looms
BOEING CEO Kelly Ortberg laid out a turnaround plan on Wednesday (Oct 23), including a push for a “fundamental culture change,” as the…
Business
Boeing CEO presses turnaround as loss balloons to US$6 billion
BOEING CEO Kelly Ortberg laid out a turnaround plan on Wednesday (Oct 23), calling for a “fundamental culture change” at the struggling…
Business
Singapore court orders trader to pay investor S$4.7 million after forex trade goes south
THE Singapore High Court has on Wednesday (Oct 23) ordered forex trader Leong Kai Rui to return S$4.7 million to investor Oan Chim Seng…
Business
Stamford Tyres founder Wee Kok Wah dies at 78
He helmed the company for more than 50 years, growing it from a family-run business to a multinational firm operating in 11 countries…
Business
Hengrui Pharmaceuticals is said to weigh second listing in Hong Kong
JIANGSU Hengrui Pharmaceuticals is considering a second listing in Hong Kong that could happen as soon as next year, according to people…
Business
ADIA to invest US$750 million in debt of India’s GMR Group
ABU Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will invest about US$750 million in the debt of India’s…
Business
Heineken third-quarter beer volumes hit by weak Americas
HEINEKEN reported worse-than-expected beer volumes due to declines in the Americas and Asia-Pacific as consumers failed to ramp up…
Culture
Hyundai testing novel hydrogen production as part of green push
HYUNDAI Motor’s plant in Georgia has been running its internal logistics operations using hydrogen and the South Korean automaker has been…
Business
Ascott China forms JV with Jin Jiang Hotels to grow apartment hotel brands in China
THE China business segment of Ascott has entered into a joint venture (JV) with Jin Jiang Hotels to expand their respective apartment…
Lifestyle
SIA to codeshare more flights with Air India for enhanced travel options
They will add 11 Indian cities and 40 international destinations to their codeshare network SINGAPORE Airlines (SIA) and Air India will…
Unsorted
Keppel Infrastructure Trust’s 9-month distributable income falls 60.1%
KEPPEL Infrastructure Trust (KIT) saw its distributable income year on year tumble 60.1 per cent to S$106.1 million for the first nine…