Business
GM results exceed Wall Street targets; company is upbeat on full-year earnings
General Motors continued to defy Wall Street’s expectations this year, posting third-quarter results ahead of analyst projections on the…
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.
Fashion · Style · Culture · Entertainment
Business
ASML chief sees US pressure building for more China restrictions
ASML Holding chief executive officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor…
Business
China’s Singles’ Day sales festival fails to inspire consumers
CHINA’S largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting…
Business
Weak China demand puts brakes on Holiday Inn owner IHG in third quarter
HOLIDAY Inn owner InterContinental Hotels Group (IHG) reported a sharp slowdown in room revenue growth in the third quarter as weak demand…
Business
France’s Wendel to acquire Monroe Capital for US$1.13 billion
The French company will also invest US$1 billion to support the US firm’s growth, which will retain its brand and continue to operate…
Business
China’s Horizon Robotics raises HK$5.4 billion in biggest Hong Kong IPO of 2024
CHINESE autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion (S$913.4 million)…
Business
Brokers’ take: OCBC initiates coverage on PropNex with ‘buy’
OCBC Investment Research has initiated coverage on PropNex with a “buy” call and a fair value estimate of S$0.91. It anticipates that…
Business
Hyundai Motor India dips in debut after record US$3.3 billion IPO
HYUNDAI Motor India shares slipped as much as 2.6 per cent early in their Mumbai debut, a lacklustre start to trading in what has been one…
Business
Logitech raises full-year outlook as sales and profit expectations climb
LOGITECH International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer…
Business
Honeywell partners with Google to integrate data with generative AI
HONEYWELL has signed a deal with Google to connect artificial intelligence (AI) technology with its industrial data, both companies said…
Business
Parkway Life Reit acquires 11 nursing homes in France for 111.2 million euros
PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) is acquiring 11 nursing homes in France for a total consideration of 111.2…
Business
Stripe confirms plans to acquire stablecoin platform Bridge
STRIPE co-founder and chief executive officer Patrick Collison confirmed in a X post on Monday (Oct 21) that the payments company plans to…
Business
Singapore shares open lower on Tuesday; STI down 0.5%
SINGAPORE shares began Tuesday (Oct 22) trading in negative territory, extending overnight losses in markets abroad. As at 9.03 am, the…
Unsorted
Is Dyson’s pivot to consumables a prescient move or misstep?
WELL-KNOWN consumer electronics giant Dyson is expanding into haircare and beauty products, with its first haircare product line,…
Business
Stocks to watch: Keppel, Sembcorp, Seatrium, Keppel Reit, AcroMeta
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 22): Keppel: The asset manager’s…
Business
‘Blade Runner 2049’ producer sues Tesla, Warner Bros over AI images
MOVIE and television studio Alcon Entertainment on Monday (Oct 21) sued Tesla and Warner Bros Discovery over claims they used images tied…
Business
Procter & Gamble back in market after record-tight 10-year sale
PROCTER & Gamble (P&G), the maker of Tide laundry detergent and Crest toothpaste, is planning to sell corporate bonds on Monday (Oct 21),…
Business
Fed’s Jeffrey Schmid favours slower pace for interest-rate reductions
FEDERAL Reserve Bank of Kansas City president Jeffrey Schmid said he favours a slower pace of interest-rate reductions given uncertainty…
Business
'Blade Runner 2049' producer sues Elon Musk, Warner Bros. Discovery over Tesla Cybercab launch
A Los Angeles-based production company has sued Tesla, its Chief Executive Elon Musk, and Warner Bros. Discovery, alleging that the…
Business
Maersk raises profit outlook on strong market
Danish shipping group AP Moller-Maersk said on Monday (Oct 21) it had raised its full-year forecasts on the back of strong third quarter…
Business
Hefner Capital offers US$100 million, equity to buy Playboy brand
Hefner Capital, a firm led by Hugh Hefner’s son Cooper, has expressed interest in acquiring the Playboy brand from PLBY Group, according…
Business
BYD bets on Brazil agribusiness to drive sales of hybrid pickup truck
BYD has launched its sixth model in Brazil this year, gambling that its hybrid pickup truck can take on the likes of Toyota Motor and Ford…
Business
Boeing to book more than US$1 billion in wage-related costs from new labour proposal, analysts forecast
BOEING is expected to book more than US$1 billion in wage-related expenses from its proposed labour contract, analysts said. About 33,000…
Business
Strong US economy and ‘Trump trades’ boost dollar
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming…