Business
Giglio.com Feels Luxury Slowdown in 2024, Inches Closer to Breakeven
MILAN – Italy’s Giglio.com was not immune to the slowdown in luxury spending las year. Amid an iffy outlook for luxury players and many of…
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Business
Business
Cold Storage, Giant in Singapore to focus on ‘superior’ customer service, elevated offerings: buyer Macrovalue
As the acquirer reaps economies of scale from larger import volumes, consumers can expect cheaper prices and a wider range of products in…
Business
'When you walk into a Cold Storage, you must feel like you’re (boarding) Singapore Airlines': New owner Andrew Lim
As the acquirer reaps economies of scale from larger import volumes, consumers can expect lower prices and a wider range of products in…
Business
Insurers brace for inflation, shift towards private assets: Goldman Sachs survey
While inflation remains a pressing concern for most insurers, their appetite for private assets remains robust. Despite the economic…
Business
Nanofilm takes out 50 million yuan loan to fund Chinese subsidiary
Nanofilm Vacuum Coating (Shanghai), a wholly owned subsidiary of mainboard-listed Nanofilm Technologies, has obtained a 50 million yuan…
Business
Size and sponsor matter for investors in new S-Reit listings, say observers
One analyst notes that many are wary of locally listed Reits with foreign assets, due to higher cost of capital and potential market…
Business
Singapore stocks track regional gains on Tuesday; STI up 0.5%
Singapore Exchange is the top gainer on the index while Venture Corp sees the biggest drop Singapore stocks ended higher on Tuesday (Mar…
Business
Shell boosts investor returns, trims spending, and bets big on LNG
Shell said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of…
Business
BlackRock debuts Bitcoin exchange-traded product in Europe
The European instrument is BlackRock’s first foray into crypto-linked ETPs outside of North America BlackRock, the world’s largest asset…
Business
The 30-year quest to catch a national records thief
David Wallace Lockhart BBC Scotland correspondent Dr Alan Borthwick, softly spoken in his blazer and tie, looks every bit the typical…
Business
Banijay France Combines Shine Fiction and Banijay Studios France to Create Scripted Powerhouse
Banijay France has combined Banijay Studios France and Shine Fiction to create a scripted powerhouse, which will be known as Shine…
Business
'I'll make £12.24 an hour in my new job - I live payday to payday'
Lucy Hooker BBC Business reporter On Wednesday the chancellor will give an update on her plans for the economy. The government has…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Chocolate Finance takes S$500 million hit from 2 weeks’ run of redemptions; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
Japan's Nikkei snaps losing streak as tariff jitters ease
Japan’s Nikkei share average snapped a three-day losing streak on Tuesday (Mar 25), as indications that impending US tariffs may be more…
Business
EXCLUSIVE: Ib Kamara Parts Ways With Dazed
LONDON — Fashion stylist Ib Kamara will step down at Dazed as editor in chief after a four-year tenure, WWD has learned. His final issue…
Business
Temasek-backed insurance services firm Specialist Risk Group sets up Asia-Pacific hub in Singapore
London-headquartered Specialist Risk Group (SRG) announced the formal launch of its Asia-Pacific operations on Tuesday (Mar 25),…
Business
Spain’s Onza Distribution Appoints Erika Gómez as Head of Sales
Spanish content distributor Onza Distribution has named Erika Gómez as its new head of sales. Gómez, who has been with the company for…
Business
AstraZeneca seeks to move past China probe with Beijing R&D hub
Ever since AstraZeneca shocked investors in October with news its China chief was under investigation, the British pharmaceutical giant…
Business
Norinchukin becomes latest big Japan bank to quit climate group
Norinchukin Bank left the banking industry’s largest climate alliance, walking away from a group that’s already been abandoned by US and…
Business
Tesla’s EU sales plunge 49% year-on-year in first two months of 2025: industry body
European sales of Tesla electric cars dropped 49 per cent in January-February compared with the same period a year earlier, the ACEA…
Business
DFI could offer a special dividend after selling Cold Storage, Giant and other units: CGSI
could potentially issue a special dividend following its divestment its Singapore food business to South-east Asian retail conglomerate…
Business
HSBC CEO expects to double down in Asia, Middle East after exits
The bank will incur US$1.8 billion in charges over the next two years because of the global restructuring HSBC Holdings expects to double…
Business
Inside the Better-for-you Soda Boom, Following Pepsi’s $1.95 Billion Acquisition of Poppi
For years Andrea Baule, a home and design publicist in New York City, would drink a can of Sprite daily. With added sugar and fillers, she…