Business
Zara owner Inditex’s sales growth slows as holiday shopping begins
INDITEX, the owner of Zara, reported slower sales growth at the outset of the crucial holiday shopping season. The Arteixo, Spain-based…
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Business
Business
German church loses tower title to Spanish one thanks to Germans
After more than 130 years, a church tower in Ulm will lose its title as the world's tallest to the Sagrada Família church in Barcelona -…
Business
Bank of England set to stay in central bank slow lane and keep rates on hold
THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central…
Business
Brazilian beef and leather companies fall short in tackling deforestation, a study finds
BRASILIA, Brazil (AP) — The next United Nations climate conference, COP30, will be held in Belem, the capital of an Amazon region where…
Business
Tesla sells 21,900 EVs in China in first week of December, the highest in Q4
US automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of…
Business
AAA Membership Cost: Worth It?
If you’re considering a AAA membership, it’s important to understand the costs and benefits involved. The AAA membership, often referred…
Business
Charge+ buys 140 EV chargers from 3 companies ceasing commercial charging services in Singapore
ELECTRIC vehicle (EV) charging point operator (CPO) Charge+ has acquired 140 public and shared EV chargers from three other companies in…
Business
Charge+ buys 140 EV chargers from 3 companies that have ceased commercial charging services in Singapore
ELECTRIC vehicle (EV) charging point operator (CPO) Charge+ has acquired 140 public and shared EV chargers from three other companies in…
Business
Maybank downgrades rating on Malaysia property to ‘neutral’ on JS-SEZ delay, lack of new drivers
MAYBANK Securities lowered its call on Malaysian property developers to “neutral” from “positive” for next year, given the absence of new…
Business
CPF Special, MediSave and Retirement Accounts’ interest rate falls to 4% for Q1 2025
THE interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will fall to the floor rate of 4…
Business
Club Med owner shares jump 83% after Hong Kong take-private offer
FOSUN Tourism Group shares saw their biggest jump on record in Hong Kong, after the owner of luxury resort chain Club Med offered to buy…
Business
Kid Allowance Chart by Age
Understanding how to manage an allowance is essential for kids as they grow. It not only teaches them about money but also helps build…
Business
15 Reasons Restaurant Chains are Dying
The restaurant industry is facing tough times, with many chains struggling to stay afloat. Various factors contribute to this decline,…
Business
Alaska Airlines sees US$1 billion jump in profit after merger with Hawaiian Airlines
ALASKA Airlines on Tuesday unveiled a plan to generate US$1 billion in additional profits by 2027 by leveraging its acquisition of…
Business
Gold hits two-week high with spotlight on US inflation data
GOLD prices nudged higher to touch a two-week peak on Wednesday (Dec 11), supported by escalating geopolitical tensions and expectations…
Business
Party City mulls second bankruptcy, just over a year after first
PARTY City Holdco is considering options including a sale or a potential bankruptcy filing, just over a year after it emerged from Chapter…
Business
Singapore stocks open flat at Wednesday’s open
SINGAPORE shares open muted on Wednesday (Dec 11) following weak trade figures from China and ahead of key inflation data in the US. As at…
Business
Singapore stocks fall, with Hongkong Land leading losses; STI down 0.5%
SINGAPORE shares closed lower on Wednesday (Dec 11) amid declines in the banking stocks, with property developer Hongkong Land the biggest…
Business
SpaceX share sale values company at about US$350 billion
SPACEX and its investors have agreed to purchase as much as US$1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket…
Business
Citigroup cuts ESG analyst jobs as research group trimmed
CITIGROUP has cut about five analyst jobs inside a small team dedicated to producing ESG (environmental, social and governance) and…
Business
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including…
Business
Stocks to watch: Aims Apac Reit, Keong Hong
THE following companies saw new developments that may affect the trading of their securities on Wednesday (Dec 11): Aims Apac Reit: The…
Business
Ford Mustang GTD Becomes Fastest American Around The Nurburgring
Read the full story on Backfire News The official lap time for the Ford Mustang GTD on the famed Nurburgring in Germany has been revealed…
Business
Jays Acquire All-Star Infielder From Guardians in Blockbuster Trade: Report
✓ Link copied to clipboard! The Toronto Blue Jays pivoted from their failed pursuit of free agent outfielder Juan Soto in a major way…