Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…
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Business
US Bitcoin miners disrupted by Chinese supplier under scrutiny
CRYPTO miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and profit…
Fashion
Prada Group Confirms Silvia Onofri as Miu Miu CEO
MILAN- Prada Group on Thursday confirmed the appointment of Silvia Onofri as chief executive officer of the Miu Miu brand, effective Feb.…
Business
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
News
Video shows accident in Pakistan, not bus crash involving Indian pilgrims going to Hindu mega-festival
Indian media have reported deadly bus crashes involving Kumbh Mela pilgrims, but footage shared on social media of an upturned bus…
Business
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
MAS review group proposes tax perks to boost Singapore’s equities market as a start
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
Barclays sets new performance goals as 2024 pretax profit rises
BARCLAYS upped its 2025 performance guidance on Thursday (Feb 13) after posting a 24 per cent rise in annual pretax profit for 2024 that…
Business
Dove, Wellbeing Brands Drive Unilever Growth in 2024
LONDON – Unilever is expecting a “soft” start to the new year after reporting a 1.9 percent uptick in turnover to 60.8 billion euros in…
Business
January inflation in Germany drops due to some lower fuel prices
A woman holds money in her hand over of a basket full of groceries. Patrick Pleul/dpa Price pressure on consumers in Germany eased in…
Business
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980…
News
Attorney says opposition figure detained in Uganda for alleged crimes against the state is unwell
KAMPALA, Uganda (AP) — A prominent opposition figure jailed in Uganda for allegedly threatening state security is unwell and in need of…
Business
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported an 8% drop in industrial profit to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion euros Siemens…
Beauty
Cult-favorite Swiss Skin Care Brand Alchimie Forever Wants to Raise Its Profile With First Lip Launch
Swiss skin care brand Alchimie Forever is looking to broaden its horizons. Launched in 2004 by Ada Polla, daughter of Forever Institut…
Culture
Fair Harbor Creates Swimwear, Sportswear for ‘White Lotus’ Third Season
Count Fair Harbor as among the companies partnering with the Emmy Award-winning “The White Lotus” series. To commemorate the kickoff of…
Fashion
EXCLUSIVE: French Fashion Brand Iro Names First Artistic Director
PARIS — French fashion brand Iro has named its first artistic director as the company seeks to reinforce its style credentials amid…
Fashion
Saint Laurent, Donald Judd Foundation Collaborate on Paris Store
PARIS — It’s easy to see how the pristine, geometric furniture of the late Donald Judd squares with Anthony Vaccarello‘s meticulous and…
Business
London’s Sloane Street Has a Sparkling New Look Following a 46 Million Pound Investment
LONDON— Following a grand-scale refurbishment that took two years and cost 46 million pounds, Sloane Street is ready for its close-up. The…
Business
Jollibee shares jump after foreign ownership limit scrapped
SHARES of Jollibee Foods climbed more than 5 per cent on Thursday (Feb 13) after the Philippines’ top restaurant operator said it has…
Business
Ong Beng Seng’s HPL Shifts Focus to Orchard Road Post-Cuscaden Exit
HOTEL Properties Ltd (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after…
Business
UAE company plans nuclear power plant in Indonesia
EMIRATES Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian…
Lifestyle
China hopes new fleet of ‘silver trains’ will encourage its elderly to travel, and spend, more
China will launch a fleet of special “silver trains” specially built for the comfort and safety of elderly people to encourage its rapidly…
Business
Nissan and Honda set to update on relationship after merger talks stall
After backing away from merger talks, Nissan is now open to working with new partners, with Taiwan’s Foxconn seen as one candidate NISSAN…
Business
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an…