Business
Guess to go private in US$1.4 billion deal with Authentic Brands, co-founders and CEO
Guess said on Wednesday (Aug 20) it has agreed to be taken private by a group, including its co-founders, CEO and Reebok-owner Authentic…
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Business
Business
Beng Kuang expands into chemical cleaning in oil and gas industry
Beng Kuang Marine has formed a new business for specialised industrial chemical cleaning, the company said in a bourse filing on Wednesday…
Business
Children of Wing Tai chairman granted options to buy four River Green units for S$7.9 million
Neither of the two children were given discounts; sale reviewed by the board and audit and risk committee Wing Tai Holdings has granted…
Business
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
AIRLINE caterer Sats grew its Q1 earnings 9.1 per cent year on year to S$70.9 million for the first quarter ended Jun 30, 2025, boosted by…
Business
Diageo sells two RTD brands to Australia’s Vok Beverages
Diageo has agreed to sell two of its Australian ready-to-drink brands, UDL and Ruski Lemon, to local drinks group Vok Beverages. The…
Business
India's Tata Motors returns to South African car market after six years
India’s Tata Motors returned to South Africa’s passenger vehicles market after a six-year absence, launching three ranges of SUVs and an…
Business
Barclays’ Singapore private bank business unaffected by Asia head’s exit
Barclays’ private bank in Singapore will operate as normal, despite the departure of the business’ Asia chief amid a restructuring. “The…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
Xiaomi plans Europe foray in 2027 after EV sales gain pace
Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining…
Business
Wall Street mostly declines as tech names pull back from highs
Wall Street’s stocks finished mostly lower on Tuesday (Aug 19), dragged down by tech companies retreating from record highs, while a Home…
Business
Brazil's 'soy moratorium' site offline after antitrust ruling setback
By Ana Mano SAO PAULO (Reuters) -A website containing information about Brazil's "soy moratorium," a private agreement enforced by global…
Business
US seeks Intel stake without governance rights: Lutnick
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker,…
Business
The Projector owes S$1.2 million to creditors; Golden Mile cinema put up for rent
The company behind embattled cinema chain The Projector owes creditors S$1.2 million, including close to S$90,000 to almost 2,300 of its…
Business
Lululemon founder Chip Wilson pledges stock for US$500 million in loans
Lululemon Athletica founder Chip Wilson pledged shares in return for cash for the third time in just over a year, freeing the billionaire…
Business
Air Canada strike ends with a deal to make their flight attendants the highest paid. Here's when service shall resume
Air Canada flight attendant strike ends amid slow recovery of operations After a tense four-day impasse, Air Canada and the Canadian Union…
Business
Options traders brace for Big Tech sell-off with ‘disaster’ puts
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect…
Business
CapitaLand Investment to advise Malaysian developer Astaka on retail strategy for RM1.2 billion Johor development
The project is expected to benefit from the formation of the Johor-Singapore Special Economic Zone CapitaLand Investment (CLI) will…
Business
Goldman Sachs opens new Mumbai office with bigger footprint
India’s financial sector is seeing a renewed wave of global interest from Wall Street lenders and private equity giants Goldman Sachs…
Business
Stocks to watch: Yangzijiang Financial, Marco Polo Marine, China Medical Systems, Clearbridge Health
The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 19): Yangzijiang Financial: The…
Business
Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector
Taiwan’s Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main…
Business
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge originally appeared on Autoblog. Volkswagen has officially delivered its…
Business
Porsche Enthusiasts United: Megaphonics Draws Big Crowds
It’s that time of the year again, where Porsche enthusiasts gather at Megaphonics, the biggest celebration of the brand in Europe. One…
Business
Nearly 90% of videogame developers use AI agents: Google study
A Google Cloud survey showed that 87 per cent of videogame developers are using artificial intelligence agents to streamline and automate…
Business
Study: Labour shortage puts Germany's energy transition at risk
Germany risks falling short of the workers it needs to carry out its energy transition, with labour market researchers warning that tens…