Business
Why the Fed will likely ignore Trump’s calls for interest rate cuts
The Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump’s…
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Business
Business
Disney’s Park Business Grows Despite Consumer Angst
Americans, struggling with rising costs, have been looking for ways to cut back on nonessential spending. But Disney, so far at least,…
Business
Isetan Tampines to shutter in Nov 2025
Department store operator Isetan Singapore will close its outlet at Tampines Mall in November 2025, it announced on Tuesday (May 6).…
Business
Disney to open its first theme park in the Middle East
Karen Hoggan Business reporter, BBC News Walt Disney has announced plans to open its first theme park in the Middle East. The resort,…
Business
Taobao and Tmall Deepen Ties With Xiaohongshu Via Cross-platform Shopping Function
Taobao and Tmall, Alibaba‘s core e-commerce business, is joining forces with China‘s popular social commerce platform Xiaohongshu, or…
Business
Riverstone Q1 profit slides 21.8% to RM56.4 million despite higher revenue
Lower gross profit margin due to higher raw material cost, foreign exchange and change in market demand dynamics, says the group Glove…
Business
US: Wall St opens higher on China trade de-escalation hopes, Fed decision
Wall Street’s main indexes opened slightly higher on Wednesday (May 7) as investors hoped for a de-escalation in trade tensions with…
Business
Apple’s Newest iPad and iPad Air Models Are on Sale for Their Lowest Prices Ever — Save up to 20%
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission.…
Business
Lendlease Global Commercial Reit posts 10.4% retail rental aversion for Q3 FY2025
Lendlease Global Commercial Real Estate Investment Trust (LReit) on Wednesday (May 7) posted a positive retail rental reversion of 10.4…
Business
Listen to the ‘world’s first’ song made by a quantum computer and AI
The beat just dropped on a new era of music, and it’s coming not from a recording studio but from the weird and wonderful realm of quantum…
Business
Jimmy Choo’s JCA Names Andrew Ginn CEO and Principal
LONDON— JCA, the fashion and design school founded by designer-turned-professor Jimmy Choo, appointed Andrew Ginn as its chief executive…
Business
WW International stock tumbles as WeightWatchers files for Chapter 11 bankruptcy protection
WeightWatchers said Tuesday it is filing for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and focus on its…
Business
Disney to Build a Magic Kingdom Theme Park in Abu Dhabi
Mickey Mouse is headed to the Middle East. In a new test for its singularly American brand, the Walt Disney Company said on Wednesday that…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
Business
Arsene Wenger proposes change to offside rule after
Trials of the system have taken place in Italian youth football, and Wenger said further trials will happen before a final decision, which…
Business
New York Times Adds 250,000 Digital Subscribers
The New York Times Company said on Wednesday that it added 250,000 digital-only subscribers in the last quarter, and that digital…
Business
Geely plans bid to take Zeekr private at value of US$6.4 billion
The proposal would see Geely buy all shares in US-listed Zeekr Intelligent Technology Holding that it does not already own for US$2.566…
Business
Amara, Ban Leong pick IFAs for privatisation offers
Hotel group Amara and technology products distributor Ban Leong Technologies on Wednesday (May 7) separately announced that they have…
Business
Singapore stocks track regional gains on Wednesday; STI up 0.1%
Local stocks ended higher on Wednesday (May 7), tracking gains in the region. The benchmark Straits Times Index (STI) gained 0.1 per cent…
Business
Potential solar boom in South-east Asia an opportunity to invest in storage systems
In the face of punishing solar tariffs from the US, South-east Asia has a silver lining: a glut in the supply of photovoltaic panels could…
Business
UOB halts earnings guidance amid macro uncertainties, but remains ‘committed’ to S$3 billion capital return plan
Singapore’s third-largest lender UOB will suspend its 2025 earnings guidance, with plans to resume this once the macroeconomic situation…
Business
Alibaba, Xiaohongshu in tie-up as China e-commerce competition intensifies
Chinese e-commerce giant Alibaba is partnering with popular content platform Xiaohongshu to allow users on Xiaohongshu to directly click…
Business
Singapore’s aviation sector a ‘bright spot’ as air passenger traffic hits record 68.4 million: Chee Hong Tat
With air passenger traffic reaching an all-time high of 68.4 million for the year ended March 2025, the Republic’s aviation industry…
Business
WeightWatchers Files for Bankruptcy to Reduce $1 Billion in Debt
WeightWatchers, a 62-year-old health and wellness company that has faced stiff competition from new weight-loss drugs and programs, filed…