Business
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money. Studies have shown…
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Business
Business
Jean Paul Gaultier Is Officially a Cabaret King
TOP OF THE POPS: Jean Paul Gaultier‘s post-runway career in cabaret-style revues is going swimmingly. On Tuesday, Berlin’s…
Business
Trade war may lower growth and inflation in eurozone, ECB’s Cipollone says
A GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary…
Business
Norway wealth fund CEO sees potential in real estate, renewable assets
Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s…
Business
Adidas holds back on profit upgrade due to tariff uncertainty
German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter…
Business
Katie Welch on Playing a Vital Instrument in Rare’s Orchestra
As chief marketing officer of Rare Beauty, Katie Welch has successfully and thoughtfully used storytelling to connect with audiences.…
Business
Carlsberg maintains full-year outlook, warns of volatile consumer sentiment
Carlsberg expects between 1% and 5% growth in organic operating profit for the current year [COPENHAGEN/LONDON] Danish brewer Carlsberg on…
Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell…
Business
HSBC Q1 profit drops 25%; launches US$3 billion share buyback
launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday due to one time charges…
Business
Gold falls on easing trade war concerns; US data awaited
Gold prices fell on Tuesday (Apr 29) as easing trade tensions between the US and its trading partners dented the metal’s safe-haven…
Business
China’s CICC eyes Middle East, South-east Asia in global push
China International Capital Corporation (CICC), one of the nation’s largest brokerages, is seeking to tap the growing demand for…
Business
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million United Overseas Insurance (UOI), the general…
Business
Power being restored to Spain and Portugal as cause investigated
A massive power outage that has caused chaos in Spain and Portugal is beginning to be fixed but many remained without electricity on…
Business
UPS in talks with startup Figure AI to deploy humanoid robots
A growing number of startups and Big Tech firms are seizing on recent advances in AI technology to develop robots that look and move more…
Business
XPeng Motors: A car company that doesn’t really want to be one in the first place
Right before He Xiaopeng went on stage to launch the 2025 XPeng X9 car, he battled what he called a “miserable” cold. “I slept for 30 out…
Business
How Spain and Portugal’s economies could be hit by the blackout
Many workers were forced to leave their posts in Spain and Portugal on Monday after a major power cut affected phone lines, internet…
Business
Bulgari Relocates to Landmark Hastings Building in San Francisco
Bulgari has relocated to the historic 1908 Hastings building in San Francisco. “We’re proud to bring a unique blend of artistry,…
Business
China’s Sinopec partners with Saudi Aramco’s unit in 29 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture…
Business
China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture…
Business
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (SERT) declined 3.7 per cent to 3.374 euro cents for the…
Business
LMIRT Q1 net property income dips 2.4% to S$29.2 million
Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for…
Business
CapitaLand Ascendas Reit reports positive rental reversions despite dip in occupancy in Q1
CapitaLand Ascendas Real Estate Investment Trust (Clar) reported a growth in portfolio rental reversions of 11 per cent in the first…
Business
Sats’ WFS opens US$270 million cargo terminal at JFK Airport
Worldwide Flight Services (WFS) has partnered the Port Authority of New York and New Jersey and global investment manager Realterm to open…
Business
China approves construction of ten new nuclear reactors
China has approved the construction of ten new nuclear reactors, making 2025 the fourth consecutive year that it has endorsed the…