Business
Manulife buys Comvest to build US$18.4 billion private credit unit
Manulife Financial agreed to buy a majority stake in Comvest Credit Partners, creating a US$18.4 billion private credit platform as the…
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Business
Business
UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported
Shares of UOB fell by more than 2 per cent on Thursday (Aug 7) in early trade, on the back of the local bank’s second-quarter results. It…
Business
Gold inches higher as US dollar weakens on Fed rate cut hopes
Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next…
Business
DBS shares reach S$50 mark, an all-time high, after unveiling higher Q2 profit
DBS shares set a record on Thursday (Aug 7) and hit the S$50 mark for the first time, after the lender posted marginally higher Q2…
Business
CSE Global Q2 new orders rise 3.8% to S$211.3 million
Systems integrator CSE Global has secured S$211.3 million worth of new orders for its second quarter ended June, a 3.8 per cent rise from…
Business
Private credit fuels a ‘buy now, pay later’ lending boom in Asia
Maria Hazel Regalado, a 48-year-old mother of four in the Philippines, needed a computer last year so she could work from home. Regalado,…
Business
Inner London to lose out in funding rebalance, says IFS report
Councils in inner London are set to become the biggest losers under a government plan to update council funding rules, a think tank says.…
Business
Kemi Badenoch reveals how she told on exam cheat as teenager
Brian Wheeler Political reporter Watch: Kemi Badenoch says she "didn't get praised" for accusing fellow pupil of cheating Conservative…
Business
SoftBank’s AI investment spree to be in focus on at Q1 earnings
When Japan’s SoftBank Group reports earnings on Thursday, its mammoth investments in artificial intelligence companies are set to take the…
Business
Saudis raise crude prices to Asia after Opec+ adds barrels
Saudi Arabia raised crude prices for a second consecutive month, signalling confidence in demand for its barrels as Organization of the…
Business
More teens to get their choice of uni even if they miss their grades, says Ucas
A record number of 18-year-olds are likely to get into their first choice of university this year, the head of the Universities and…
Business
UOB Q2 profit falls 6% to S$1.34 billion; misses expectations
Declares interim dividend of S$0.85 per share; a second tranche of the lender’s S$0.50 per share special dividend will also be paid out…
Business
Number of empty homes on the rise across England
Nathan Heath BBC West Investigations Across England, the number of empty homes has been steadily rising, with councils "increasingly…
Business
Michael Kors Returns to ‘Project Runway’ as a Guest Judge, Plus Talking About the Steep Decline in Luxury Sales and Marc Jacobs Up for Sale for $1 Billion
In the latest “Savage Fashion” podcast episode, WWD’s chief content officer Jim Fallon and fashion director Alex Badia sat down with…
Business
Instagram launches Map feature. It looks a lot like Snap Map
Location sharing among friends, family, and significant others has quietly become the norm in recent years. Now Instagram is looking for a…
Business
Shari Redstone’s Farewell Message to Paramount Employees: ‘I Will Be Cheering for You, Always’
On the eve of Shari Redstone closing a $8 billion deal that will end her family’s decades-long stewardship of Paramount Global and…
Business
Capri Shows Signs of Stabilization, CEO John Idol Plans to Keep Jimmy Choo
Updated at 5:25 p.m. ET Aug. 6 The declines are slowing at Capri Holdings — but there’s still plenty of work to do before the Michael Kors…
Business
All that backlash against Duolingo going ‘AI-first’ didn’t slow its growth: Why DUOL stock is soaring 24% right now
At least one company’s bet on AI appears to be paying off—for now. Language-learning platform Duolingo reported earnings results for the…
Business
André Aciman on Reading—and Misreading—Emotions
Each of the novellas that make up André Aciman’s new book, “Room on the Sea,” picks apart the intricacies of how people comprehend the…
Business
Nike’s Wildly Colorful Cactus Plant Flea Market Collaboration Is Coming Soon
After being debuted by Travis Scott at Nike’s Toma El Juego event in July, the latest collaboration between the Beaverton, Ore.-based…
Business
Son Heung-min: Tottenham forward leaves club to join LAFC
Tottenham Hotspur have confirmed that Son Heung-min has joined Major League Soccer (MLS) side Los Angeles FC on a permanent transfer. BBC…
Business
WhatsApp removes 6.8 million accounts linked to scam centers
WhatsApp has taken down 6.8 million accounts that were “linked to criminal scam centers” targeting people online around the world, its…
Business
Samsung is now tracking office attendance for some U.S. staff in its semiconductor business
Samsung is one of many companies that have been pushing for employees to return to the office full-time. But now the brand is taking RTO…
Business
McDonald’s made a Q2 comeback with the weirdest menu in years
McDonald’s golden arches are gleaming again. The ubiquitous fast-food chain reported perkier sales in its most recent quarter, buoyed by…