Business
From banking to the FIA: what Citi’s new Singapore head Lee Lung-Nien brings to the F1 governing body
Lee Lung-Nien has helped turn around a financially dire FIA, to the tune of a net 28.7 million euro swing Lee Lung-Nien – the first…
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Business
Business
From banking to the FIA: What Citi’s new Singapore head brings to the F1 governing body
Under the mandate of the FIA president, Lee Lung-Nien has helped guide a remarkable financial turnaround at the motorsports governing body…
Business
River Wye pollution prompts UK's largest environmental lawsuit
Steffan MessengerEnvironment correspondent, BBC Wales The biggest legal claim ever brought in the UK over environmental pollution in the…
Business
Gold surges past record $4,000 an ounce as uncertainty fuels rally
The price of gold has hit a record high of more than $4,000 (£2,985) an ounce as investors look for safe places to put their money over…
Business
Gold is booming. From mega vaults to discreet transport, who are the key players in Singapore?
Gold surged into uncharted territory on Wednesday (Oct 8), opening above US$4,000 an ounce for the first time, in a year that has seen it…
Business
Umit Benan Returns to U.S. Market With Bergdorf Men’s Launch
Umit Benan is coming back to the U.S. market. A favorite of trendsetters such as Timothée Chalamet and Pedro Pascal, the brand is making…
Business
Spanx and La Ligne Team Up for Limited-edition Collection of Luxurious Sweaters
As Spanx celebrates its 25th year, the company has partnered with La Ligne for a limited-edition capsule collection of luxurious cashmere…
Business
BMW cuts annual guidance on weak China sales, tariff costs
The slack demand for luxury EVs is hitting automakers already dealing with muted growth in Europe and duties in the US BMW lowered its…
Business
SkillsFuture trainers to be banned from using third-party marketing from Dec 1
However, marketing and promotion are allowed under collaborations with designated intermediaries Training providers registered under…
Business
FairPrice Group to be first to use autonomous vehicles in public for supply chain operations
The group says it will now be able to automate ‘important but routine tasks’ such as the transportation of goods FairPrice Group (FPG) on…
Business
Data centre boom brings risks of overbuilding, Ares’ says
Alternative asset management giants have poured into data centre projects as a way to cash in on booming demand for processing power…
Business
Dazzling supermoon illuminates skylines around the world
Sky-watchers across the globe were treated to a supermoon this week, appearing brighter and larger in the evening sky. A supermoon occurs…
Business
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut…
Business
Aspial Corp, Koh family-linked entity move to privatise AF Global for S$31.8 million as it sells stake in Knight Frank Singapore
The offeror, AFG Investment, is looking to acquire a 27.35% stake in the mainboard-listed hospitality player for S$0.11 per share A…
Business
Tesla debuts ‘affordable’ Model Y and 3 that strike some as too expensive
Musk has been pivoting the company towards artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to…
Business
Gold prices hit record high, nears US$4,000 per ounce mark on safe-haven demand
Gold prices climbed to an all-time high on Wednesday (Oct 8), nearing the crucial US$4,000-per-ounce level, bolstered by economic and…
Business
Gold zooms past US$4,000 for first time in historic flight to safety
Gold raced past US$4,000 an ounce for the first time on Wednesday (Oct 8) as investors piled into a historic rally in the safe haven to…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first retail pure play purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
Keppel Reit to buy 75% stake in Sydney mall for A$393.8 million in first pure-play retail purchase
This marks its expansion into the retail sector, the manager’s chief executive says Keppel Real Estate Investment Trust (Reit) has entered…
Business
Nvidia to invest in Musk’s xAI as part of US$20 billion funding
Data centre capacity is seen as a necessity for developing top AI models, though some have debated how much computing power can improve…
Business
Badenoch to set out new rule to cut borrowing and taxes
The Conservatives will commit to a new economic "golden rule" designed to cut government borrowing and taxes, party leader Kemi Badenoch…
Business
Stocks to watch: DBS, Keppel Reit, NetLink NBN Trust, StarHub, Info-Tech
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 8): DBS Bank: The bank’s shares…
Business
Has Labubu Craze Peaked? The Celeb Viral Bag Charm Is Suddenly In Stock for Just $20 on Amazon
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission.…
Business
Ikea buys US logistics tech firm Locus in online growth push
[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish…