Fashion
Income Insurance and Allianz say their deal is still alive despite government veto
INCOME Insurance and Allianz announced in a bourse filing on Thursday (Nov 14) that discussions over a deal to acquire a majority stake in the local insurer are still...
LVMH moves Alexandre Arnault to HQ, fueling succession talk
LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury conglomerate’s Paris headquarters from New York-based jeweller Tiffany &...
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest from prospective investors,...
Australia’s Woolworths, Coles face class action over dodgy discount claims
The new class action tightens pressure on the sector reeling from a cost-of-living crisisAn Australian consumer protection law firm has launched a class action lawsuit against the country’s top...
Emperador Q3 net profit falls 52.2% to 981 million pesos
PHILIPPINE liquor giant Emperador’s net profit for the third quarter ended September fell 52.2 per cent to 981 million pesos (S$22.4 million), from 2.1 billion pesos in the previous...
Aviva posts 15% rise in 9-months general insurance premiums
BRITISH insurer Aviva posted a 15 per cent rise in general insurance gross written premiums for the first nine months of the year to £9.1 billion (S$15.5 billion) on...
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market. When these shares are cancelled, the...
Who Is Shayne Coplan? FBI Seizes PolyMarket CEO’s Phone and Computer after Betting Platform Correctly Predicted Trump’s Win
The FBI has seized the phone and electronic devices of Polymarket's CEO after the election-betting platform accurately predicted Donald Trump's victory. Shayne Coplan, 26, was reportedly confronted at his...
Aircraft lessors to continue to be impacted by scale and consolidation
Providing the right amount of value relative to other asset classes is a challenge for lessorsTHE benefits of scale and the impact of consolidation will continue to shape the...
Japan Foods sinks into the red with S$1.6 million net loss in H1
The group says net loss comes from higher year-on-year overall operating expenses JAPAN Foods logged a S$1.6 million net loss for its first half ended Sep 30, from a...
