News
World's richest 10% caused two thirds of global warming: study
The world’s wealthiest 10 per cent of individuals are responsible for two thirds of global warming since 1990, researchers said on…
Swedan Margen
Swedan Margen contributes to L'Officiel Lifestyle with a focus on business and entrepreneurship.
Swedan covers business developments, emerging companies, entrepreneurial stories, and trends influencing industries and the broader economy.
The goal is to bring readers accessible coverage of business stories while highlighting developments, ideas, and opportunities shaping the marketplace.
Business · Entrepreneurship · Companies · Industry Trends · Innovation
Politics
Senators are urging Paramount to fight Trump’s ‘60 Minutes’ lawsuit.
The Trump administration is planning to transport a group of immigrants to Libya on a U.S. military plane, according to U.S. officials,…
News
Treasury secretary, U.S. trade rep to talk trade with Chinese in Switzerland
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will meet this weekend with their Chinese counterparts in…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
Politics
Novo Nordisk latest drugmaker to drop gender goals in US
This follows executive orders by President Donald Trump to stop diversity, equity and inclusion initiatives Obesity drugmaker Novo Nordisk…
Politics
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would…
Politics
Scott Bessent’s Failed Attempt at Coherent Economic Policy
The Treasury secretary’s rationalization for Trump’s whims wouldn’t pass an undergrad econ exam. Source link
Politics
Trump’s Energy Revolution Is Great. It’s Also Fragile
Here are the steps the Trump administration can take to return power to the people and enshrine a better way to effectively care for the…
Business
Singapore stocks track regional gains on Wednesday; STI up 0.1%
Local stocks ended higher on Wednesday (May 7), tracking gains in the region. The benchmark Straits Times Index (STI) gained 0.1 per cent…
Business
Potential solar boom in South-east Asia an opportunity to invest in storage systems
In the face of punishing solar tariffs from the US, South-east Asia has a silver lining: a glut in the supply of photovoltaic panels could…
Business
Singapore’s aviation sector a ‘bright spot’ as air passenger traffic hits record 68.4 million: Chee Hong Tat
With air passenger traffic reaching an all-time high of 68.4 million for the year ended March 2025, the Republic’s aviation industry…
Politics
Trump’s Threatened Tariffs Are So Large, 10% Feels Like a Relief
There has been a mantra spreading among weary corporate executives who are becoming resigned to President Trump’s tariffs while still…
Business
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and…
Business
Push to allow Norway's wealth fund to invest in defence companies falters
Opposition efforts to allow Norway’s US$1.8 trillion wealth fund, the world’s largest, to invest in large defence companies appear to be…
Business
Mitsubishi Motors signs MOU to outsource EV model development to Foxconn unit
Japanese automaker Mitsubishi Motors and Foxconn subsidiary Foxtron Vehicle Technologies have signed a memorandum of understanding (MOU)…
News
Hot, dry weather threatens output in China’s wheat-growing belt
Drought in the country’s northern grains production region is set to continue in the next ten days, while heavy rains are forecast to…
Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Politics
Rivian cuts EV delivery outlook, sees tariff impact
Rivian Automotive said full-year deliveries will decline more sharply than it anticipated just a month ago, citing risks that US President…
Business
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief…
News
World’s trade superhighway feels strain from US-China decoupling
Container liners are starting to sever shipping routes that link the US and China across the Pacific, as US President Donald Trump’s trade…
Politics
JD Vance’s Half Brother Advances in Race for Cincinnati Mayor
A half brother of Vice President JD Vance who is running for mayor of Cincinnati advanced on Tuesday to compete in the general election.…
Politics
J.D. Vance's half brother advances in primary, to face Cincinnati Mayor Aftab Pureval
Vice President JD Vance's half brother Cory Bowman placed second in Cincinnati's mayoral primary on Tuesday, sending the Republican…
Politics
<i>ProPublica</i> Wins Pulitzer for Politicized Deception
The real story, which has received little attention, is how the FDA has removed most of the original safeguards for the administration of…