Business
Authentic Luxury Group Eyeing John Elliott Acquisition: Sources
Authentic Luxury Group is on the verge of making its first acquisition. Last October, Saks Global, owner of Saks Fifth Avenue and Neiman…
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Business
Business
Celebre d'Allen: Grand National horse dies after collapse at Aintree
Grand National runner Celebre d'Allen has died following Saturday's race at Aintree. The 13-year-old horse, the oldest of the 34 runners,…
Business
What Books Did Chelsea Give Saxon in ‘The White Lotus?’
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission.…
Business
World must act now to help Gazans under Israeli blockade, UN chiefs urge
The heads of six UN agencies have appealed to world leaders to act urgently to make sure food and supplies get to Palestinians in Gaza,…
Business
Financial Stress Hits Americans Hard, Driving Focus on Literacy and Affects on Health
After a series of staggering global tariffs announced by U.S. President Trump on Friday and causing chaos within the stock market, JP…
Business
US: Wall Street opens sharply higher on hopes of tariff talks
Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Trump’s tariff chaos becomes US$700 billion storm for big banks
Financial services are excluded from Donald Trump’s trade war for now. Banks are still feeling the pain. HSBC Holdings’s market value has…
Business
Mortgage rates set to drop after tariff turmoil
Lenders are set to cut rates on mortgages after turmoil from US President Donald Trump's tariff policy raised expectations that UK…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Business
SGX securities turnover value up 25% in March, volume down 23%
The total securities market turnover value on the Singapore Exchange (SGX) increased 25 per cent year on year to S$29.7 billion in March,…
Business
Rich Asian investors opt to unwind holdings amid margin calls
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…
Business
Swiss watchdog backs UBS plan to limit investment bank amid capital rule debate
The head of Switzerland’s financial watchdog signalled he is in favour of UBS Group’s offer to limit the size of its investment bank,…
Business
Will A.I. Save the News?
I am a forty-five-year-old journalist who, for many years, didn’t read the news. In high school, I knew about events like the O. J.…
Business
Resolving succession at Kwek Leng Beng's Hong Leong Finance
Succession troubles surfaced recently at local-listed property and hotel group City Developments Ltd (CDL), when executive chairman Kwek…
Business
Singapore shares settle lower on Tuesday; STI down 2%, bucks regional indices rebound
Across the broader market, gainers beat decliners 362 to 234, with 2.4 billion shares worth S$3.5 billion transacting The Straits Times…
Business
Japan debt deals worth US$678 million pulled as tariffs roil global markets
Three Japanese companies have postponed the sale of US8.43 million worth of yen-denominated bonds in the wake of global financial market…
Business
EXCLUSIVE: Kering Beauté Names New CEO at Creed
PARIS — Kering Beauté has named veteran beauty executive Nathalie Berger-Duquene chief executive officer of Creed, effective May 6. This…
Business
Mike Sneesby Appointed CEO of Top Middle East Broadcaster MBC Group as Sam Barnett Steps Down
Veteran TV executive Sam Barnett is stepping down as CEO of top Middle East broadcaster and streamer MBC Group and Mike Sneesby, former…
Business
CDL group CEO Sherman Kwek gives up long-term incentive of S$1.35 million; total compensation for FY2024 down 15.4%
City Developments Ltd (CDL) group chief executive officer Sherman Kwek has voluntarily forgone his long-term incentive grant of S$1.35…
Business
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware International Business…
Business
Venture capitalist Finian Tan of US$33.3m duped in alleged nickel scam
Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng…