Business
Intel will spin off non-core units, says CEO Tan Lip-Bu
Intel chief executive officer Tan Lip-Bu said the chipmaker will spin off assets that are not central to its mission and create new…
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CEO
Business
UOB to take legal action against former Yang Kee Logistics CEO, The Online Citizen over ‘defamatory’ remarks
The bank says Ken Koh failed to retract and apologise for the allegations he made UOB will initiate legal proceedings against Ken Koh, the…
Business
Primark CEO Paul Marchant Resigns Following Company Investigation
LONDON – Paul Marchant, the longtime chief executive of clothing giant Primark, has resigned with immediate effect following a company…
Business
Buyback consideration notches higher; ISOTeam CEO increases stake
[singapore] Over the five trading sessions from Mar 21 to 27, institutions were net sellers of Singapore stocks, with net institutional…
Business
New DBS CEO Tan Su Shan aims for 15% to 17% return on equity
DBS should be able to hit its return on equity (ROE) target of 15 to 17 per cent through its growth strategy in the years ahead, said the…
Business
UOB denies 'baseless and defamatory' claims by ex-Yang Kee CEO
The bank also issues a warning to Ken Koh; says it will take ‘appropriate actions’ against him UOB has rejected allegations by Yang Kee…
Business
EXCLUSIVE: Jean-Christophe Babin Named CEO of LVMH Watches
PARIS — Longtime Bulgari chief executive officer Jean-Christophe Babin is adding another feather to his cap. The Roman jeweler’s parent…
Business
Lululemon CEO Calvin McDonald Projects Only ‘Modest’ U.S. Growth This Year
The economy has come for Lululemon Athletica Inc. While the active powerhouse seemed able to float above such prosaic concerns year after…
Business
DBS’ new CEO Tan open to ‘bolt-on’ acquisitions
DBS Group’s incoming CEO Tan Su Shan is open to “bolt-on” acquisitions, and will focus on boosting the Singaporean lender’s high-return…
Business
Nvidia investors look to CEO keynote to keep rebound going
Nvidia shareholders are hoping that a keynote speech from chief executive Jensen Huang can deliver enough optimism to help sustain the…
Business
Former L’Oréal Executive Nathalie Gerschtein Appointed CEO U.S.A and President North America at Consumer Health Company Haleon
Changes are afoot at Haleon. Following her departure from L’Oréal as president of the consumer products division for North America,…
Business
UOB CEO Wee Ee Cheong’s 2024 pay down 5.5% at S$15 million despite record net profit
UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full…
Business
Optera CEO on Overcoming Sustainability Challenges in Retail: Strategies for Supply Chain Decarbonization
As climate goals become more urgent and regulatory pressures intensify, retailers are at a pivotal moment in their sustainability…
Business
Elon Musk's feud with OpenAI CEO Sam Altman, explained
A bitter rift between two Silicon Valley billionaires could shape the future of the fast-growing artificial intelligence industry. Tesla…
Business
How CEO Rati Levesque Is Rebuilding at The RealReal
Rarely do the worlds of high luxury and big value meet. And when they do — as is the case with The RealReal Inc. — there’s usually some…
Business
Genting Malaysia stocks tumble after news of CEO change; Singapore counter holds relatively steady despite heavy trading
GENTING Bhd and Genting Malaysia shares plunged shortly after the market opened on Friday (Feb 28), after news broke on Thursday that Lim…
Business
Genting Bhd, Genting Malaysia take big tumble after news of CEO change; Genting Singapore edges marginally lower
GENTING Bhd and Genting Malaysia shares plunged shortly after the market opened on Friday (Feb 28), after news broke on Thursday that Lim…
Business
CEO of Brazilian Furniture Company Ornare Discusses Expansion Through New Milan Outpost
MILAN — Husband-and-wife duo and engineers Murillo and Esther Schattan started Ornare in 1986, filling a void in the Brazilian market for…
Business
Centurion’s planned Reit will do the ‘heavy lifting’ of its assets: CEO
The group hopes to ‘rationalise its assets’ in a way that will help them to grow bigger PURPOSE-BUILT accommodation operator Centurion…
Business
Nissan CEO Uchida’s future in focus as sources say management shake-up due soon
JAPAN’S Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday (Feb 27), adding…
Business
Winky Lux Appoints Lauren Bloomer as CEO
Beauty brand Winky Lux has named Lauren Bloomer chief executive officer. Cofounder Natalie Mackey will continue to drive the brand’s…
Business
CDL says Sherman Kwek remains group CEO, as board battle erupts
City Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our…
Business
CDL CEO Sherman Kwek disappointed by father’s ‘extreme actions’ against him after suits filed
CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said that recent changes to the board have “never been about…
Business
Great Eastern privatisation is ‘natural progression’ in bank’s strategy: OCBC CEO Helen Wong
THE full integration of Great Eastern into OCBC will help the lender realise more synergistic value, by providing more opportunities for…