Business
BBC Studios Posts Record $2.9 Billion Revenue, Driven by ‘Bluey’ and BritBox Growth
BBC Studios marked a banner year with record revenues of £2.2 billion ($2.96 billion) in 2024/25, up from $2.56 billion the previous year,…
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Business
Business
Pop Mart says Labubu craze to spur 350% surge in profit
Chinese toymaker Pop Mart International Group expects the soaring global popularity of its Labubu plush toys to drive a threefold increase…
Business
UOL prices S$225 million notes due 2032 at 2.78%
This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9 UOL’s unit UOL Treasury Services…
Business
EcoBeautyScore Launches in Europe as Consumers Demand More Transparency
PARIS – L’Oréal Paris, Neutrogena, Nivea Q10 and Eucerin – from L’Oréal, Kenvue and Beiersdorf – are among brands starting to us the…
Business
Chinese carmaker Geely to pay US$2.4 billion to take full control of Zeekr
Chinese automaker Geely Automobile will acquire the chunk of electric-vehicle maker Zeekr that it does not already own for US$2.40…
Business
Geely to take Zeekr unit private at US$6.83 billion valuation
The carmaker, which already holds 62.8% of Zeekr, has raised its buyout offer from US$2.2 billion in May to about US$2.4 billion — Geely…
Business
Savers to be blitzed with offers to invest in shares under new plans
Kevin Peachey BBC Cost of Living Correspondent Savers with cash in low-interest accounts will be blitzed with offers to invest their money…
Business
What happens when your AI doesn’t share your values
If you ask a calculator to multiply two numbers, it multiplies two numbers: end of story. It doesn’t matter if you’re doing the…
Business
India’s cooling inflation prompts rate-cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more…
Business
Singapore shares rise, tracking regional gains; STI up 0.3%
Straits Times Index rise 10.61 points to 4,119.82, after hitting an intra-day high of 4,129.77 The benchmark Straits Times Index (STI)…
Business
Singapore AUM up 12.2% in 2024, exceeds S$6 trillion for the first time
Total assets under management (AUM) in Singapore rose 12.2 per cent to hit S$6.07 trillion as at Dec 31, 2024, surpassing the S$6 trillion…
Business
Brentford transfers: Jordan Henderson signs on two-year deal
Henderson's contract was ended a year early after Ajax missed out on the league title on the final day of last season. The decision was…
Business
Nissan to halt production at Japanese plant at Oppama
Struggling auto giant Nissan said on Tuesday (Jul 15) it will stop production at its plant at Oppama in Japan at the end of its 2027…
Business
Galeries Lafayette Reshuffles Management Ranks
PARIS – Galeries Lafayette continues to reshuffle its management ranks in the wake of the death of matriarch Ginette Moulin. Following the…
Business
SMFG said to eye US$1.1 billion additional investment in Yes Bank: sources
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes Bank Sumitomo Mitsui Financial…
Business
Chinese investors’ FX pile hits US$1 trillion amid low local rates
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the…
Business
Diana Glenn to Star in New Canvas, Jacaranda Productions’ Hong Kong-Set VR Noir Thriller ‘Coltrane’ (EXCLUSIVE)
Award-winning XR studio New Canvas has partnered with Australian production house Jacaranda Productions on “Coltrane,” a five-part VR noir…
Business
Temasek’s Heliconia Capital awaits MAS approval for new CEO after departure of Derek Lau
Temasek-owned Heliconia Capital Management is awaiting regulatory approval for a new chief executive, some four months after the…
Business
Far East Hospitality opens two hotels in Osaka
Far East Hospitality announced on Tuesday (Jul 15) the opening of two hotels in the Namba South and Honmachi districts in Osaka, in a bid…
Business
Ericsson's Q2 profit beats expectations, says North America growth was good
Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billion Swedish telecom…
Business
RTX launches new Collins Aerospace facility with flexible manufacturing system in Singapore
Defence conglomerate RTX launched its new Collins Aerospace facility at Seletar Aerospace Park in Singapore on Tuesday (Jul 15). This…
Business
Investors bet $10M that Laka's 'collective insurance' can fix bike coverage
London-based insurtech startup Laka has raised $10.4mn in Series B funding as it eyes profitability at the end of next year. Laka offers…
Business
EXCLUSIVE: LVMH Luxury Ventures Takes Minority Stake in Molli
PARIS — French knitwear brand Molli revealed Tuesday that it has received a minority investment from LVMH Luxury Ventures, an entity…
Business
Nvidia to resume H20 AI chip sales to China in US reversal
Nvidia plans to resume sales of its H20 artificial intelligence (AI) chip to China after securing Washington’s assurances that such…