Business
GIC, Temasek revamp how they deal with hedge funds
APORE’S two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect…
Tag
revamp
Business
Indonesia set to revamp benchmark rates for money market
Institutions use Jibor to determine interest rates for bank deposits, swaps and consumer loans, among other things Indonesia is set to…
Business
CEO of 7-Eleven US retires as company undergoes broader revamp
US CONVENIENCE store chain 7-Eleven said its chief executive will retire at the end of this month, as Japanese parent Seven & i Holdings…
Business
Alibaba prepares major revamp of flagship AI app to rival ChatGPT
Alibaba Group Holding is preparing an overhaul of its main mobile AI app in coming months to help it more closely resemble OpenAI’s…
Business
Thailand to ease IPO, foreign listing rules in market revamp
Thailand plans to simplify stock-listing procedures as part of a broader drive to strengthen capital market competitiveness and attract…
Business
Apple shelves Vision headset revamp to prioritise Meta-like AI glasses
Apple has hit pause on a planned overhaul to its Vision Pro headset to redirect resources towards a more urgent effort: developing smart…
Business
Metro soars 10% to near 2-year high on news of strategy revamp
Shares of department store retailer Metro advanced by 10 per cent on Tuesday (Sep 16), following news of its retail strategy revamp. The…
Business
Metro soars 11% to 2-year high on news of strategy revamp
Shares of department store retailer Metro advanced on Tuesday (Sep 16), following news of its retail strategy revamp. The counter closed…
Business
Metro soars 6% on news of strategy revamp
The stock hit a two-year high in intraday trade after a BT report on the retailer’s plans to launch new retail concepts Shares of…
Business
ANZ plans to cut 3,500 staff over next year on CEO revamp
The bank is expected to incur a restructuring charge of about A$560 million before tax in the second half of this year The bank is…
Business
ANZ mulls up to 5,000 job cuts in bank revamp: report
Group is mulling a reduction in headcount by as many as 5,000 people as part of a wider restructure under chief executive officer Nuno…
Business
Temasek revamp makes sense given the varied capabilities needed to manage growing portfolio
Back in the early 2000s, it puzzled me that Temasek Holdings chose to describe itself as an Asia investment company headquartered in…
Fashion
Michael Jordan's Newest Signature Sneaker Gets a Revamp to Look Like His First
Michael Jordan‘s most recent signature sneaker is getting a mashup with his very first. The Air Jordan 40 “Black Toe” sees the recently…
Business
BlueSG to pause operations, revamp fleet amid complaints of vehicle, app issues
Car-sharing operator BlueSG on Monday (Aug 4) announced that it would pause its car-sharing operations from Aug 8 while it prepares for a…
Business
BlueSG to pause operations, revamp fleet amid complaints of car and app issues
BlueSG on Monday (Aug 4) announced that it would pause its car-sharing operations from Aug 8, while it prepares for a major upgrade to its…
Unsorted
BlueSG lays off staff ahead of operations pause to revamp app and fleet
BlueSG on Monday (Aug 4) announced that it haslaid off staff ahead of a pause in its car-sharing operations from Friday, while it prepares…
Unsorted
Porsche cuts outlook as US tariffs, model revamp eat into profit
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling…
Business
Stellantis poaches Renault design chief to lead Europe revamp
Stellantis hired Gilles Vidal, one of Renault’s top design executives, as the maker of Peugeot cars seeks a makeover under its new chief…
Business
HSBC cuts equities team in Germany as CEO Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
Business
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
Unsorted
India oil law revamp unlikely to draw foreign drillers amid red tape and weak incentives
India’s first rewrite of its 77-year-old oilfield rules kicked in on Apr 15, with New Delhi hoping it’ll help turn around a decade of…
Business
Private-hire group urges Grab to delay bonus revamp, over fears that drivers’ earnings will be hurt
The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is…
Business
Julius Baer’s new CEO takes on old guard to revamp Swiss bank
On his first day as chief executive officer, Stefan Bollinger told staff at Julius Baer Group that they should not be afraid to speak up…
Business
BNP to cut 200 branches by end of 2026 to kick off retail revamp
BNP Paribas chief executive officer Jean-Laurent Bonnafe plans to cut hundreds of domestic retail branches in an effort to lift…