Business
Rachel Zoe Brand Gets Snapped Up by Gordon Brothers
Gordon Brothers is building out its brand management division with Rachel Zoe, who’s back in the spotlight with a new role on Bravo’s…
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Business
Business
Letter from the Editor-in-Chief
Not long ago, like many of you, I read what I feared might be The Next Web’s final article. In late September, TNW’s co-founder announced…
Business
Stock market falls after mixed data on the economy
The U.S. stock market is drifting lower on Tuesday following mixed data on the economy’s strength, which did little to clear uncertainty…
Business
EU waters down plans to end new petrol and diesel car sales by 2035
The European Commission has watered down its plans to ban the sale of new petrol and diesel vehicles by 2035. Current rules state that new…
Business
DOGE leader at Treasury is looking to buy thousands of ChatGPT licenses
AI has now arrived at the Treasury Department. Sam Corcos, a former startup leader and Department of Government Efficiency affiliate now…
Business
IRS law enforcement expanded reach in 2025: Helped ICE, policed D.C. streets
Nearly a century ago, the IRS' criminal investigators built the case that landed Al Capone behind bars for tax evasion. Source link
Business
Housing market inventory is still rising—but the pace of growth is slowing
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. While national active…
Business
Former Oxfam boss to sue charity over dismissal
Lawyers for the axed former chief executive of Oxfam GB have said she will launch legal action against the charity, claiming she was…
Business
Wall Street slips at open as investors assess key jobs data
Wall Street’s main indexes slipped at the open on Tuesday (Dec 16) after data broadly signalled a cooling US economy, paving the way for…
Business
As the Powerball skyrockets to $1.25 million, a look at the 10 biggest U.S. jackpots ever won
The Powerball jackpot has grown to an estimated $1.25 billion for Wednesday night’s drawing after lottery officials said no ticket matched…
Business
Property tycoon Gordon Tang to acquire Suntec Reit manager
Tang and his affiliates currently own 35.7% of Suntec Reit, while the Reit manager ESR Trust Management (Suntec) owns 10.8% Acrophyte…
Business
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast…
Business
Howard Stern Says He’s Renewed SiriusXM Deal for Three More Years
After months of negotiations, Howard Stern said he’s staying with SiriusXM, where his show has aired since 2006, for another three years.…
Business
F&N dairy subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong F&N Dairy Investments…
Business
EC World Reit granted more time until May 2026 to submit resumption proposal
SGX-ST has considered that it needs more time to work on proposals to meet its loan repayment obligations EC World Real Estate Investment…
Business
Consortium Brand Partners Acquiring California Pizza Kitchen
Consortium Brand Partners is getting into the food business. The New York-based consumer brand investment platform that owns Draper James,…
Business
Samudera Shipping unit, Imoto Corporation enter JV to set up shipping company in Japan
Blue Ocean Shipping will be headquartered in Kobe and is expected to begin operations in the first half of 2026 A subsidiary of container…
Business
Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit
Asset manager Keppel announced on Tuesday (Dec 16) that its connectivity division has agreed to sell its stakes in two data centres for a…
Business
Amazon European hub in Luxembourg braces for record job cuts
Amazon.com’s decision earlier this year to axe 14,000 employees around the globe is reverberating at the company’s European headquarters…
Business
LVMH Watch Week Is Heading To Milan For 2026 Edition
For its seventh edition, LVMH Watch Week is landing in Milan. On Tuesday, LVMH Moët Hennessy Louis Vuitton announced the destination where…
Business
Manulife US Reit unitholders agree to strategic pivot into non-office sectors
The shareholders approve two resolutions to support the Reit’s ‘Growth and Value Up’ plan Unitholders of Manulife US Reit (MUST) have…
Business
Airline Caterer Gategroup said to pick banks for Zurich IPO
The world’s biggest in-flight caterer Gategroup Holding has selected banks for an initial public offering, which could take place as soon…
Business
Singapore stocks edge lower ahead of key US data; STI down 0.2%
Singapore stocks ended lower on Tuesday (Dec 16), ahead of a slate of US economic data due later in the day. The benchmark Straits Times…
Business
‘Shadow banking’ growing at double the rate of traditional lenders, FSB says
The sector’s rapid growth alarms regulators over weak transparency and risks spilling into broader financial markets The non-bank…