Culture
Netflix buys Ben Affleck's AI film tech company, InterPositive
In 2022, Ben Affleck became so fixated on AI in film production that he quietly launched his own film tech company, InterPositive. Netflix…
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Business
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market China’s biggest sportswear brand…
Business
Jardine Matheson buys back shares; Soon Hock’s Tan Yeow Khoon builds stake
Institutions were net buyers of Singapore stocks from Jan 16 to 22, with net institutional inflow of S$1.7 million For the five trading…
Business
China Tourism Group Duty Free Buys DFS’ Greater China Retail Business
LONDON — China Tourism Group Duty Free, the nation’s biggest travel retail operator with more than 80 percent of the domestic market…
Business
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced that it has bought a logistics property in Columbus, Ohio, in…
Business
China buys at least 10 cargoes of US soybeans for April-May shipment, traders say
China’s state stockpiler Sinograin purchased at least 10 cargoes of US soybeans on Friday (Jan 9), or at least 600,000 tonnes, for…
Business
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian…
Business
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics hub
71,000 sq m facility set for completion in 2028; group also takes minority stake in smart logistics firm Ally Logistic Property CapitaLand…
Business
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property CapitaLand…
Business
Barclays buys into stablecoin-settlement company Ubyx
Various banks and other financial institutions have announced plans involving stablecoins in the past year Barclays has bought a stake in…
Business
China buys more US soybeans, total purchases near 10 million tons
China’s state stockpiler Sinograin bought 10 US soybean cargoes this week, three traders told Reuters on Tuesday (Jan 6), as the world’s…
Business
Nike climbs as Apple’s Tim Cook buys US$3 million in stock
Nike shares ticked up 2 per cent in premarket trading on Wednesday (Dec 24) after Apple CEO Tim Cook bought nearly US$3 million worth of…
Business
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee India’s central bank…
Business
UPS buys hundreds of robots to unload trucks in automation push
United Parcel Service (UPS) will invest US$120 million in 400 robots used to unload trucks, according to sources familiar with the matter,…
Business
Harvey Norman operator Ossia sets up new units; buys leasehold property, Global Ten Realty
Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property…
Business
Harvey Norman operator Ossia sets up new unit; buys leasehold property, Global Ten Realty
Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property…
Business
Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO
Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares The stabilising…
Business
Elevate Capital-LaSalle JV buys Raffles Education Square for S$121.8 million
The property at 51 Merchant Road is being sold by Raffles Education at about 78% over book value Raffles Education has sold its corporate…
Business
China buys at least 14 cargoes of US soybeans for Dec-Jan shipment, traders say
China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons, for shipment…
Beauty
L'Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
Cosmetics giant L’Oreal said on Monday (Nov 17) it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its…
Business
Keppel consortium buys rest of solar platform from Shell Singapore for undisclosed sum
The purchase of Cleantech Renewable Assets aligns with Keppel’s goal of growing its renewables business A consortium comprising global…
Business
Placements continue, Sert buys back units
Over the five trading sessions from Oct 3 to 9, institutions were net buyers of Singapore stocks, with net institutional inflow of S$250…
Business
Ikea buys US logistics tech firm Locus in online growth push
[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish…
Business
Australia’s Aware Super buys into US$1.3 billion US warehouse deal
The investment comprises three Los Angeles properties spanning about 2.8 million square feet of building area, the A$200 billion…