Business
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major…
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Business
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
RESURGENT artificial intelligence shares lifted the Nasdaq on Friday for a second straight session while the yen retreated despite a Bank…
Business
CEO Mark Breitbard on How Gap Brand Sustains Momentum
What must Gap do to maintain its momentum? The Gap brand is on a two-year run of positive comparable sales, stoked by a string of splashy,…
Business
European stocks hover near record on lingering policy optimism
EUROPEAN stocks hovered near a record on Friday, wrapping up the final full trading week of the year with optimism around further policy…
Business
Stephanie Phair Takes Up President Role at A.P.C.
LONDON — Stephanie Phair, recently named a senior adviser at L Catterton, the LVMH Moët Hennessy Louis Vuitton-backed private equity firm,…
Business
Tiffany & Co. Debuts Beijing Flagship at Taikoo Li Sanlitun
Tiffany & Co. has debuted its Taikoo Li Sanlitun flagship in Beijing. “We are thrilled to unveil our new flagship store in Taikoo Li…
Business
Asics Establishes ‘Institute of Sport Science’ Research Hub at the University of Michigan
Asics is setting up its own research hub in the U.S. through a new partnership with the University of Michigan. The Japanese sports brand…
Business
REE Medical Guide: How to Choose a Good Disability Claim Company and Avoid Bad Actors
The Department of Veterans Affairs continues to process disability claims at a historic volume. In fiscal year 2024, VA reported…
Business
EconomyBookings.com vs. Booking Directly: How to Get the Best Deal on Your Next Car Rental
When you’re planning your next trip and need a rental car, you’re faced with an important decision: should you book through an aggregator…
Business
Golden Goose’s New Owners Are HSG, Temasek and True Light Capital
MILAN — The M&A scene in Italy is not winding down before Christmas. Golden Goose on Friday evening saidinternational venture capital and…
Business
Even Fox Admits Trump’s Economy Is in Shambles
Not even Fox Business can pretend like President Donald Trump isn’t wrecking the economy. Fox Business anchors Lauren Simonetti and Stuart…
Business
Citadel posts worst return since 2018 as natural gas bets falter
This is partly due to erratic swings triggered by geopolitical turmoil, making trades hard to stick to Ken Griffin’s Citadel is on track…
Business
Wall Street opens higher on tech rebound, Nike slumps
Wall Street’s main indexes opened higher on Friday (Dec 19), as technology stocks extended their rebound from an early-week sell-off,…
Business
India’s Adani seeks to operate more airports as part of US$11 billion expansion
The group currently manages seven airports across the country, with plans to aggressively bid for 11 more [MUMBAI/NEW DELHI] India’s Adani…
Business
Maersk completes first Red Sea voyage in nearly two years
The shipping company says it has no plans to fully reopen the route but may gradually resume sailing via Suez and the Red Sea Danish…
Business
Grab to acquire Chinese firm Infermove to expand in AI robotics
Grab Holdings has acquired Chinese tech company Infermove to expand in artificial intelligence-enabled robotics for food delivery. Grab…
Business
Feeling the Squeeze? It Might Be the High Price of Ignoring the Deficit | National Review
Policymakers are doing nothing to constrain the structural budget deficits that fuel inflation. Source link
Business
CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit
The notices were raised in relation to the disallowance of management fee expenses paid by subsidiary to gold-mining company A Malaysian…
Business
Sias calls on Singapore Paincare to clarify actions after failed privatisation bid
The Securities Investors Association (Singapore), or Sias, called on medical services company Singapore Paincare to clarify its actions…
Business
Goldman, JPMorgan see India’s record IPO boom extending to 2026
Fundraising expected to hit US$25 billion in 2026, and for the next few years to reach above US$20 billion India’s proceeds from initial…
Business
China A500 ETFs inflows surge to record high towards year-end
Investors buy 8.7 billion yuan worth of shares in seven of the largest basket funds INFLOWS to a group of exchange-traded funds (ETFs)…
Business
SMRT announces senior management changes as deputy group CEO steps down
Its group chief communications officer will also relinquish the role to focus on the company’s ESG and CSR agenda Transit operator SMRT on…
Business
Nidec founder and chairman Nagamori quits board after spate of accounting issues
The 81-year-old has voluntarily resigned his post, the world’s largest maker of mini-motors says Nidec said its founder Shigenobu Nagamori…
Business
Singapore stocks close flat as regional bourses end higher; STI down 0.02%
City Developments Limited is the top blue-chip gainer on the STI, while Yangzijiang Shipbuilding is the largest decliner Local shares…