Business
Bank of England’s Bailey warns First Brands, Tricolor collapses may herald worse to come
The recent collapses of US car parts maker First Brands and auto dealership Tricolor may be a warning of much bigger financial problems to…
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Business
Business
ProSiebenSat.1 Shakeup: Bert Habets Steps Down as Board Names Marco Giordani New CEO After Berlusconi Takeover
Marco Giordani, CFO of Berlusconi family-backed MFE-MediaForEurope, has been appointed new CEO of Germany’s ProSiebenSat.1, succeeding…
Business
‘I want it to be a community’: Brian Chesky on Airbnb’s AI and social reinvention
Brian Chesky, the CEO of Airbnb, still admires Facebook. Not the Facebook of today, but the Facebook circa 2005. When it pretty much just…
Business
OpenAI recruits ex-bankers to train AI to eliminate banking grunt work
Participants are paid US$150 per hour to write prompts and build financial models for a range of transaction types OpenAI has more than…
Business
Walmart Adds Select Sneakers From Stadium Goods to Marketplace Platform
Walmart is continuing to invest in high-demand footwear via its latest collaboration with Stadium Goods. Manish Joneja, executive vice…
Business
Daniel Naroditsky, US chess grandmaster, dies aged 29
US chess grandmaster and online commentator Daniel Naroditsky has died aged 29. The popular chess player's family announced his…
Business
Soilbuild Construction mulls spin-off, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Business
Soilbuild Construction mulls spinoff, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Business
Overnight Wall Street rally lifts Singapore counters; STI rises 1.2%
Across the broader market, gainers outnumber decliners 429 to 199 after 1.6 billion securities worth S$1.7 billion change hands An…
Business
Global carmakers race to beat China’s rare earths deadline
[LONDON/BERLIN] Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives…
Business
Two grooming gang survivors quit national inquiry panel
Jennifer McKiernanPolitical reporter Two abuse survivors have quit their roles in the government's inquiry into grooming gangs. Fiona…
Business
Seatrium must manage its risks well as it tackles offshore headwinds
The company’s best defence is to broaden its non-oil and gas portfolio, in both geography and technology The unexpected termination of a…
Business
Japan warns Vietnam of job losses as Hanoi petrol-powered motorbikes ban hits Honda
The ban could result in production interruptions and the risk of bankruptcy for companies in the supply chain [HANOI/TOKYO] The Japanese…
Business
Tokyo Gap-Financing Market Launches Awards Program, Taps Cannes and Venice Reps for Producer Sessions
The Tokyo Gap-Financing Market is introducing its first awards program at the sixth edition of the industry platform, which runs Oct.…
Business
Chipmaker CXMT plans Shanghai listing with 300 billion yuan valuation: sources
[BEIJING/SINGAPORE] Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering in Shanghai as soon as…
Business
US-Australia rare earths deal is a start but won’t shake China dominance any time soon
US and Western allies seek to loosen China’s grip amid rising trade and security tensions Donald Trump’s backing of Australia’s critical…
Business
Sarkozy enters jail over campaign financing - France's first ex-president behind bars
Paul KirbyEurope digital editor and Hugh Schofieldin Paris Nicolas Sarkozy has become the first French ex-president to go to jail, as he…
Business
Swiss Watch Exports to U.S. Halved in September
PARIS – The U.S. lost its crown as the top market for Swiss watch exports in September. Exports to the country slumped 55.6 percent in the…
Business
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…
Business
Shares of doormaker surge 50% as it secures planning permit for student accommodation in Australia
Shares of Singapore doormaker HS Optimus surged on Tuesday (Oct 21), after it secured a permit for a 14-storey purpose-built student…
Business
Shares of doormaker surge as it secures planning permit for student accommodation in Australia
Shares of Singapore doormaker HS Optimus surged on Tuesday (Oct 21), after it secured a permit for a 14-storey purpose-built student…
Business
EXCLUSIVE: Puma Pumps Up Innovation Focus With Opening of New Los Angeles Office
Puma has opened the doors to its new creative and innovation hub in Los Angeles. Located in West Hollywood, the new two-story,…
Business
Rhode Goes Global With Sephora U.K. Debut
LONDON — Rhode’s Hailey Bieber and Lauren Ratner are taking their billion-dollar beauty brand into new territory outside North America.…
Business
Amazon services 'recovering' as Snapchat and banks among sites hit by outage
Liv McMahonTechnology reporter and Lily JamaliNorth America Technology Correspondent Amazon Web Services (AWS) said late Monday that it…