Business
Urban Outfitter’s Nuuly Rental Business Stands Out Again With a 53% Jump in Subscribers
Urban Outfitters Inc. has stabilized its namesake brand in North America and compensated with growth in its other businesses, including…
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Business
Business
Nvidia’s solid earnings report falls short of blowout level
NVIDIA, the chipmaker at the centre of an artificial intelligence (AI) spending boom, gave solid quarterly results and a bullish revenue…
Business
How DeepL’s Language AI Is Improving Global Press Release Distribution
DeepL, the global language AI company, released its latest case study highlighting the successful deployment of its API solution by…
Business
Camilla Taps Rebecca Mansergh as Chief Executive Officer
Camilla, the Australian ready-to-wear and resort fashion brand, has named Rebecca Mansergh chief executive officer, following 12 months in…
Business
Even as MAS plans an SGX revival, privatisations still take place
Five privatisations have been announced so far this year, including Cuscaden Peak’s offer for Paragon Reit EVEN with moves to revitalise…
Business
Ireit Global’s H2 DPU stays at 0.94 euro cent
IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged…
Business
GM to increase dividend by 25%, buy back another US$6 billion of shares
The US automaker expects EV operating losses will narrow this year by US$2 billion from undisclosed levels GENERAL Motors said on…
Business
Winky Lux Appoints Lauren Bloomer as CEO
Beauty brand Winky Lux has named Lauren Bloomer chief executive officer. Cofounder Natalie Mackey will continue to drive the brand’s…
Business
3M to return US$10 billion to shareholders, reiterates sales forecast
3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3% 3M Co said on Wednesday (Feb 26) it would return…
Business
Venus Williams Teams Up With Walking App WeWard to Fight the Inactivity Crisis
Venus Williams wants to get people walking. The tennis star, who recently released her health-focused book “Strive,” has joined the app…
Business
Yangzijiang Shipbuilding H2 profit up 50.5% at 3.6 billion yuan
YANGZIJIANG Shipbuilding reported a net profit of 3.6 billion yuan (S$659.3 million) for the second half ended Dec 31, 50.5 per cent…
Business
Indonesia, home to giant gold mine, launches bullion banking
INDONESIA has launched its first bullion banks in a bid to draw tonnes of privately held gold into the financial system of South-east…
Business
Billionaires should do more to list their businesses on SGX.
LAST week, there was a raft of measures unveiled to spur equities market development here. A S$5 billion equity market development…
Business
Singapore shares fall as company earnings disappoint; STI down 0.2%
Across the broader market, gainers beat losers 330 to 236, after 1.5 billion securities worth S$1.7 billion change hands SINGAPORE stocks…
Business
OCBC conservative about FY2025 targets amid trade tensions, uncertainties
Bank’s Q4 net profit is up 4% at S$1.7 billion, while full-year earnings rise 8% to a record S$7.6 billion OCBC rode on the strength of…
Business
Indonesia agrees deal with Apple that could end iPhone sales ban: reports
The deal could allow Apple to start selling its iPhone 16 in Southeast Asia's largest economy (Frederic J. BROWN) Indonesia has struck a…
Business
Indonesia reaches pact with Apple, signalling end for iPhone ban
APPLE has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in South-east…
Business
Thai central bank surprises with rate cut as risks to growth increase
THE Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and…
Business
CDL says Sherman Kwek remains group CEO, as board battle erupts
City Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our…
Business
CDL CEO Sherman Kwek disappointed by father’s ‘extreme actions’ against him after suits filed
CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said that recent changes to the board have “never been about…
Business
Great Eastern privatisation is ‘natural progression’ in bank’s strategy: OCBC CEO Helen Wong
THE full integration of Great Eastern into OCBC will help the lender realise more synergistic value, by providing more opportunities for…
Business
St. John Announces New Leadership
St. John is unveiling new leadership following news in January that its chief executive officer Andy Lew would step up to lead parent…
Business
EXCLUSIVE: Giuseppe Zanotti Buys Back Minority Stake From L Catterton
MILAN — Giuseppe Zanotti has bought back the minority stake in his namesake brand from investment fund L Catterton. The acquisition takes…
Business
Alibaba makes AI model for video, image generation publicly available
CHINESE e-commerce leader Alibaba said on Wednesday (Feb 26) that its video- and image-generating artificial intelligence (AI) model Wan…