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Elon Musk's SpaceX outpaces China's 203K 'paper satellite' ambitions
By David Fickling If orbital space is the 21st century’s high seas, China looks to be preparing an armada. Government plans submitted late…
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Ambitions
News
China plans space‑based AI data centres, challenging Musk’s SpaceX ambitions
The Chinese nation and the US are competing to become the first to exploit the military and strategic advantages of space dominance China…
Business
Sephora CEO Guillaume Motte Outlines Global Ambitions
This week, the executive leadership team of Sephora has descended on New York for its first global brand summit, where chief executive…
Fashion
Shein’s global ambitions survive French store uproar
The e-commerce giant, whose model of high-volume, ultra-cheap fashion has upended traditional retailing, looks like it’s in France to stay…
Business
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing…
Business
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
The company will focus on a family of smaller, affordable electric vehicles instead FORD on Monday announced a major retreat from large…
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EXCLUSIVE: Ami Paris Steps Up North America Ambitions With Toronto Store
PARIS — As European luxury brands converge in the U.S. for their upcoming destination shows, Ami Paris is breaking new ground farther…
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Wealthy Asian families face succession woes as scions have different ambitions, mindsets: report
The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution The next…
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Hong Kong extends digital bond ambitions with 3rd offering
City looking to sell digital green bonds denominated in US dollars, Hong Kong dollars, euros and offshore yuan HONG Kong is marketing a…
Business
China’s ICBC to open vault boosting Hong Kong’s gold ambitions
China’s largest state-owned bank plans to open a precious metals depository at Hong Kong International Airport, offering a boost to both…
Business
BYD’s mini-car ambitions may be a wake-up call for Japan
The company plans to debut its all-electric ‘kei’ car at the Japan Mobility Show BYD’s Japanese mini-car will not go on sale until the end…
Business
Wee Hur gears up for growth with bigger ambitions
Group’s chiefs consider its workers’ dormitory and construction businesses as key drivers of future growth Property developer Wee Hur is…
Business
OpenAI Steps Into Jobs Market With AI Hiring Platform, Training Programs, and Chip Ambitions
OpenAI will build an AI-powered platform that will help you get a job. The move pits OpenAI directly in competition with LinkedIn, the…
Business
Hong Kong’s gold trading ambitions tested by talent shortage
Bank of China (Hong Kong) posted a job ad early this year for a precious metals trader fluent in English and Mandarin with at least five…
Business
AIA Singapore steps up wealth management ambitions even as it leverages ageing trend
By 2026, an estimated 21 per cent of Singapore’s population will be aged 65 and above, making it a “super-aged” society. This is a rise…
Business
SoftBank’s Ampere deal faces in-depth US probe in threat to AI ambitions
SoftBank Group’s US$6.5 billion acquisition of semiconductor designer Ampere Computing is facing a potentially lengthy probe by the US…
Business
Vietnam’s AI ambitions hinge on one US$6.8 billion tech company
Four decades ago, Truong Gia Binh set up a technology company using a single computer in a room loaned by his then-father-in-law, general…
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Tag Heuer Revs Up Glamour and Ambitions for First Turn as Monaco F1 Title Sponsor
If you want to invoke the glamour of motorsports, all it takes is three words: Monaco Formula 1. “The name comes out, the magic happens,”…
Fashion
French Arty Chic Menswear Brand Lafaurie Unveils Revamped Paris Flagship, Global Ambitions
PARIS — With its juxtaposition of limewash walls, volumes dressed in Okoumé wood paneling and tasteful objects befitting of a gallery,…
Business
Elisabetta Franchi Unveils Milan Flagship, Marks Brand’s Evolution and Global Ambitions
MILAN — Elisabetta Franchi believes Milan embodies “elegance, innovation and beauty.” Accordingly, the Italian designer has selected the…
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With Ambitions to Become the ‘World’s Best SPF,’ Australia’s Ultra Violette Enters Sephora U.S.
The ever-growing U.S. sun care category is soon to have a new international player. Australia-based SPF brand Ultra Violette will launch…