Fashion
LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’[SEOUL] South Korea’s LG Energy Solution (LGES) said on Wednesday (Dec 24) that its unit is...
Grab, ComfortDelGro Taxi to raise platform fees from Jan 1
[SINGAPORE] Taxi operator ComfortDelGro and ride-hailing firm Grab will be increasing their platform fees from Jan 1, 2026.ComfortDelGro will increase the range of its platform fees from S$1 to...
Grab rides to cost 30 cents more from Jan 1 with platform fee hike
[SINGAPORE] Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by 30 cents come Jan 1, 2026.Passengers will then pay S$1.20, up from the current 90 cents,...
Grab rides to cost S$0.30 more from Jan 1 with platform fee hike
[SINGAPORE] Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026.Passengers will then pay S$1.20, up from the current S$0.90, the firm...
BP to sell 65% stake in Castrol to Stonepeak for US$6 billion
The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt[LONDON] BP said on Wednesday (Dec 24) it had agreed to sell a...
Sanofi to buy Dynavax for US$2.2 billion to add shingles vaccine
[PARIS] Sanofi agreed to buy Dynavax Technologies for about US$2.2 billion to expand its vaccines business with a shot for hepatitis B and an experimental shingles inoculation.Sanofi will pay...
Retail investors to have more sway over Wall Street after record year
In 2025, retail traders shift to ETFs tracking equity indexes, crypto, and commodities[NEW YORK] Retail inflows into US stocks are set to hit a record in 2025, as individual...
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025[SINGAPORE] Malaysian offshore support vessel builder Nam Cheong will sell a 4,000 deadweight...
China’s CNOOC makes second big oil find in Bohai Sea
[BEIJING] China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100 million tons of oil equivalent in its...