Business
L’Oréal Acquiring Kering Beauty Would Be a Game-Changer
L’Oréal’s possible acquisition of Kering Beauty could cause a seismic beauty industry shift. The Wall Street Journal reported on Saturday…
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Business
Business
Asteroid Ryugu's Ancient Past Exposed: Evidence of Water Flowing for a Billion Years Found!
They may be tiny, ancient chunks of rock, but asteroids never fail to capture scientists' attention. These wandering space bodies aren't…
Business
Singapore-Registered Car Causes Chaos at Johor Petrol Station After Driving Off with Pump Still Attached
A Singapore-registered car pulled down a petrol kiosk booth after driving away from the kiosk with the petrol pump still in the car.…
Business
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial Times CHINESE tech…
Business
Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY…
Business
Capital-raising focus: Reclaims Global, iWow, Vividthree
Financial services and industrials book the most net institutional outflow from Oct 10 to 16, while telecommunications and healthcare book…
Business
Morgan Stanley sells US$8 billion high-grade bonds
Morgan Stanley priced an US$8 billion investment-grade bond sale on Friday (Oct 17), the third such deal by a major Wall Street firm this…
Business
Porsche’s new CEO is a luxury leader big on hybrids
The 911 maker is preparing to launch an electric version of the Cayenne in the coming months Porsche named Michael Leiters its next chief…
Business
China rare-earth product exports shrink as US frictions flare
China’s exports of rare earth products fell in September from a month earlier, as Beijing’s tighter controls on strategic minerals ripple…
Business
UK targets end-2026 for stablecoin rules to keep pace with US
The Bank of England (BOE) is aiming to have new stablecoin regulations in place by the end of next year, as policymakers around the world…
Business
Meta, Blue Owl seal US$30 billion private capital deal for AI
Structured investments are becoming more in demand as insurers and other types of investors search for debt tied to assets Mark…
Business
Samsung Electronics family to sell 1.7 trillion won stake amid share rally
The company has secured supply deals with other major customers and expectations have risen that the company will be able to supply its…
Business
Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns
The company has not publicly acknowledged that the accidents involved its electric vehicles Shares of Chinese electric vehicle (EV) maker…
Business
Blackstone, TPG near Hologic deal for more than US$17 billion
The parties are currently discussing a price of above US$75 a share, according to sources Blackstone and TPG are in advanced negotiations…
Business
Banking shares’ wobbles reveal growing unease over credit risks
The markets have weathered a string of credit scares and surprise write-downs over the past two years A clutch of bad loans at banks in…
Business
HSBC expects gold’s ‘bull wave’ to hit US$5,000 an ounce in 2026
The bank has cited geopolitical risks, economic policy uncertainty and rising public debt as factors supporting the price HSBC on Friday…
Business
Nvidia unveils first Blackwell chip wafer made with TSMC in US
Companies have been racing to meet the broader AI industry’s voracious appetite for computing power as they develop AI technology that…
Business
More ECB rate cuts increasingly unlikely, Wunsch says
The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation…
Business
Chinese milk tea brands are offering a playbook for South-east Asia’s next consumer wave
FOR years now, many have wondered whether Luckin Coffee would topple Starbucks as the world’s coffee chain of choice. Luckin has surpassed…
Business
Europe: Stocks fall as US bank jitters spark flight to safety
European shares fell on Friday (Oct 17), as signs of credit stress at US regional lenders unnerved investors and drove them into…
Business
US: Wall Street ends higher as investors digest Trump trade comments
Wall Street ended higher on Friday (Oct 17) as investors assessed US President Donald Trump’s latest remarks on China, while quarterly…
Business
Former Macy’s CEO Terry J. Lundgren on Leadership and ‘Retail Excellence’
Terry J. Lundgren, the former chairman and chief executive officer of Macy’s Inc., was back in the limelight on Wednesday when he received…
Business
Trafigura acquires warehousing firm Grafton’s Singapore business
Trafigura Group has acquired a metals warehousing firm with sizable operations in Singapore, as a mountain of surplus inventory in the…
Business
The Lessons of “The Perfect Neighbor”
“The Perfect Neighbor” chronicles how Lorincz, in her attempts to turn law enforcement against members of her own community, managed only…