Business
Intel to separate networking unit as new CEO Tan overhauls business
The CEO has been given the challenge of revitalising the chipmaker after years of missteps and high-capital manufacturing strategies led…
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Business
Business
STMicro acquires part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million up front, and US$50 million subject to the achievement of technical milestones…
Business
STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million to be paid up front, and US$50 million to be paid subject to the achievement of technical…
Business
Sony buys stake in ‘Gundam’ owner to grow anime business
Sony has bought a strategic 2.5 per cent stake in Japanese game franchise giant Bandai Namco, which owns Gundam and arcade classic…
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Corn Pushes Higher into the Close, with Help from Export Business
Corn up close - by PixelAnarchy via All-free-download_com Corn futures rounded out the Thursday session with contracts up 3 to 4 cents at…
Business
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash Singapore Post (SingPost) has…
Business
Algorithms for Everyone: Breaking the Enterprise Monopoly on Business Intelligence
The artificial intelligence boom has transformed entire industries, but it has largely bypassed the businesses that form the backbone of…
Business
LuisaViaRoma’s CEO Discusses Business Retooling Strategy, Milan Unit Closure
MILAN — Fashion retailers aren’t immune to the havoc being wrought by the current macroeconomic headwinds and LuisaViaRoma, among them, is…
Business
BP to sell onshore wind business in US
BP is seeking to cut cleaner energy investment by more than US$5 billion annually said on Friday (Jul 18) it had agreed to sell its…
Business
Saks Global Posts Q1 Top- and Bottom-line Declines, but Underscores Progress ‘Transforming’ the Business
Business across the luxury landscape is tough and Saks Global is feeling it. On Thursday, Saks Global released its first-quarter figures,…
Business
HRnetGroup appoints 10 new business leader co-owners
HRnetGroup has appointed 10 new business leader co-owners, following the retirement and departure of certain leaders, to bring its total…
Business
STI’s gains reflect ‘concrete steps’ by Temasek companies to address business fundamentals
Every year, as I plough through the Temasek Review, I make a note of the more exotic and far flung companies in its portfolio, and try to…
Business
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a…
Business
Intuit Expands Its IDEAS Small Business Program Across Nine U.S. Cities
Intuit is expanding on its Invest, Develop, Empower, Accelerate and Scale program this year, in partnership with the National Urban…
Business
Japan’s MUFG targets US for securitisation business, plans to boost headcount
Mitsubishi UFJ Financial Group (MUFG) plans to expand its securitisation business globally, with a focus on North America, and will…
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Australia’s Telstra to axe 550 roles in enterprise business overhaul
Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part of an ongoing…
Business
Addvalue Technologies bags new orders worth US$1.46 million for advanced digital radio-related business
They are for the supply of the company’s proprietary highly compact software defined radio modules to customers in the defence technology…
Business
Intel’s new CEO explores big shift in chip manufacturing business
Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two sources familiar…
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How Alberto Gimeno Sánchez Shaped the Future of Business Automation through Intelligent Document Processing
Alberto Gimeno is in a unique position today, as he stands in the middle of a technological change that promises to redefine how…
Culture
AI is controversial in Hollywood. For China's film business, it's no holds barred
Hollywood’s relationship with artificial intelligence is fraught, as studios balance the need to cut costs with growing concerns from…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
They will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark Stoneweg European Business Trust announced on…
Business
How Pop Mart’s Labubu became a monster of a business
LABUBU is a little doll in fleecy, bunny-eared onesies whose coffee-bean eyes hover above a serrated row of smiling teeth. Ostensibly an…
Business
Wilmar to buy over Nigeria-incorporated palm oil business from British JV partner for US$70 million
Wilmar International is buying the remaining stake it does not already own in a Nigeria-incorporated palm oil business from its…
Business
Why Owning Your Position Is Crucial for Business Success
Recently, I’ve been advising a good friend who’s launching a new custom orthotics company after several successful business exits. His…