Business
Permira shuts Hong Kong, Shanghai offices in pivot to India
Permira Holdings is overhauling its Asia strategy, closing offices in Hong Kong and Shanghai and shuffling senior leadership to India,…
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Business
Business
Frasers Hospitality Trust undergoes strategic review
Frasers Hospitality Trust (FHT) is undergoing a strategy review, though there is currently no certainty if its existing business strategy…
Business
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year…
Business
Trump Media pushes forward with pivot to crypto, ETF plans
US President Donald Trump’s social media firm, Trump Media & Technology Group, said on Tuesday (Apr 22) it had reached a binding agreement…
Business
Huawei’s expansion in smart driving stirs competition, scrutiny
Chinese smartphone maker Xiaomi’s pivot into cars has become a high-profile success story. Its SU7 is a hit, forecast to sell 350,000…
Business
German software maker SAP beats operating profit estimates for first quarter
SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company says German…
Business
Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the…
Business
More nominee shareholders, accounts could be detrimental to investor protection
The travails of Dasin Retail Trust (DRT) unitholders continue. From a unit price of around S$0.80 in 2020, the counter’s value has…
Business
European shares close higher as financials, L’Oreal rise; Fed spat still a worry
European shares ended slightly higher on Tuesday (Apr 22) on the back of rising financials and post-earnings gains in L’Oreal, though…
Business
Jeremy Scott’s Long-distance Design Relationship With Berlin’s $14 Million Theatrical Revue
Most designers would find such a project daunting: To create 500 costumes for a theatrical spectacular that is part-cabaret, part-circus,…
Business
Sales Automation: Robot Takeover or Helper?
In today’s fast-paced business world, companies are constantly looking for ways to streamline their processes and improve efficiency.…
Business
Boeing to sell Jeppesen unit to Thoma Bravo for US$10.55 billion
Boeing said on Tuesday (Apr 22) it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to…
Business
Art From the Bass House in Texas to Be Sold at Christie’s
Art that once hung in the Fort Worth, Texas, home that was shared by the billionaire Sid Bass and his first wife Anne will be part of…
Business
Bitcoin rallies 20% during market turmoil to diverge from tech
Bitcoin advanced to the highest level since early March, fueling optimism that the biggest digital token is finally breaking free of a…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Development Limited’s (CDL) wholly…
Business
Earth Day Celebrates 55 Years: How Brands Are Embracing a Greener Future With Special Collections, Eco-friendly Initiatives and Charity in 2025
Since its inception in 1970, Earth Day—celebrated annually on April 22—has highlighted the global importance of sustainability. Now…
Business
Singapore stocks continue to rally on Tuesday; STI up 1%
Singapore stocks ended higher on Tuesday (Apr 22), even as other Asian markets delivered a mixed performance amid trade uncertainty. The…
Business
David Beckham’s Collection for Boss Revealed
After nearly a year of anticipation, Boss has taken the wraps off its inaugural collection codesigned by David Beckham. The German company…
Business
Ericsson expands manufacturing in India to make antennas
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs Sweden’s Ericsson…
Business
The yen strengthens past 140 per dollar for the first time since September
The yen advanced past the psychological level of 140 against the US dollar as investors sought alternatives to the greenback amid…
Business
Chinese tech firms eye US listings despite widespread ructions
The US market’s high liquidity is a lure for Chinese companies, while investment banks can earn higher fees on share sales Beijing Smart…
Business
Meta appoints new Singapore country director Nicole Tan
She will spearhead digital innovation and AI opportunities for businesses in the country Meta has appointed Nicole Tan as its new country…
Business
‘The people’s pope’: what the papers say about the death of Pope Francis
The death of Pope Francis has reverberated around the world, with the Catholic leader remembered by millions as a Jesuit pontiff who…
Business
How The Lycra Company and Qore Are Scaling Sustainable Innovation With Bio-Derived Fibers
As sustainability becomes a top priority for consumers and the fashion industry, innovative solutions that balance environmental…