Business
Nike to shut down virtual sneaker label RTFKT under new CEO
NIKE is shutting down its digital sneaker division RTFKT as the world’s largest athletic-wear company realigns priorities under a new…
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Business
Business
Spanish deliver company Glovo to employ riders on a permanent basis
A Glovo delivery rider drives through the city. Glovo, the Spanish subsidiary of the German food delivery service Delivery Hero, is to…
Business
Billionaires plan major new city for 2060
Indonesian billionaires are embarking on an ambitious $16 billion project to transform a formerly impoverished area of North Jakarta into…
Business
Castle Water to offer £4 billion equity to rescue Thames Water
Castle Water will offer to inject £4 billion (S$6.82 billion) into Thames Water this week to help save the beleaguered utility from…
Business
This airline will soon receive its first Airbus A321XLR
Qantas is getting closer to receiving its initial Airbus A321XLR, which is beginning final assembly at the Airbus plant in Hamburg,…
Business
US: Wall St opens slightly higher as caution prevails in data-packed week
Wall Street’s main indexes opened flat-to-higher on Monday (Dec 2), with focus on a slew of economic data this week, while Intel shares…
Business
St James's Place to cut around 500 jobs, source says
The cuts represent nearly a sixth of the company’s workforce of around 3,200 people British wealth manager St James’s Place is planning to…
Business
New US solar tariffs on South-east Asia to raise prices, cut profit margins
A NEW round of US solar panel import tariffs on South-east Asian producers is expected to raise consumer prices and cut into producer…
Business
Yangzijiang Shipbuilding bags US$2.6 billion in contracts
This takes the group’s shipbuilding contracts to US$14.3 billion in the year to date MARITIME vessel maker Yangzijiang Shipbuilding said…
Business
Hong Kong’s HKBN gets rival takeover interest from I Squared Capital
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity…
Business
Sembcorp stays on transformation course, but big bet on renewable energy comes with risks
The threat of US tariffs, for example, could dampen global trade and electricity demand, and weaken the drive to invest in fossil fuels…
Business
JPMorgan fined S$2.4 million by MAS for misconduct by relationship managers
It charges clients a spread over the interbank prices, which were unavailable to clients JPMORGAN Chase Bank has paid a S$2.4 million…
Business
Astros $150 Million Franchise Legend Projected To Re-Sign With Houston
Share ✓ Link copied to clipboard! The top offseason priority for the Houston Astros is re-signing their franchise third baseman Alex…
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Mets Predicted to Lose $174 Million Four-Time All-Star to AL Contender
Share ✓ Link copied to clipboard! While the New York Mets are busy pursuing free agent outfielder Juan Soto, there's a big hole at first…
Business
Airline Pilot Salaries by Company
This article explores the salaries of airline pilots across different types of airlines, including major carriers, regional airlines,…
Business
MOF launches open call for feedback on Singapore Budget 2025
THE Ministry of Finance (MOF) on Monday (Dec 2) announced an open call for public feedback for Budget 2025, which is scheduled to be…
Business
Gold slips as dollar strengthens; investors await US data
Gold prices slipped on Monday (Dec 2), snapping a four-session rally as the US dollar firmed, while market participants awaited key US…
Business
Singapore stocks open in the green; STI up 0.7%
SINGAPORE stocks opened higher on Monday (Dec 2), following gains in Asia as markets enter a seasonally strong period. The benchmark…
Business
Singapore stocks close up 0.3%, tracking strong gains in Asia on positive China data
heightened tension to ultimately provide fuel for two multi-year trends benefiting Singapore: FDI and wealth inflows. SINGAPORE stocks…
Business
Keppel DC Reit launches preferential offering at S$2.03 apiece
THE manager of Keppel DC Real Estate Investment Trust (Reit) on Monday (Dec 2) announced the launch of its preferential offering for 148.4…
Business
Stocks to watch: SingPost, Nio, Keppel DC Reit, Boustead
THE following company saw new developments that may affect trading of its securities on Monday (Dec 2): Source link
Business
Bulgari CEO eyes India for growth as China luxury demand weakens
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown.…
Business
Mets Predicted To Reunite With $135 Million Fan Favorite This Winter
Share ✓ Link copied to clipboard! The New York Mets are aggressively chasing Juan Soto this offseason, but more importantly, they're…
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Meta tightens ad rules to curb financial scams aimed at Australians
INSTAGRAM and Facebook-owner Meta Platforms said on Monday (Dec 2) it had introduced stricter rules for advertisers of financial products…