Business
Trends in Home Textiles: How Birla Excel Leads the Way
Home textiles are evolving, with key trends emphasizing sustainability, personalization, smart textiles, performance, vibrant designs and…
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Business
Business
US: Wall St opens flat as US polls, Fed decision loom large
US STOCKS opened flat on Monday (Nov 4), as traders stayed away from large bets in an action-packed week in which Americans will elect a…
Business
US CEOs fired more quickly over low stock prices this year, report says
US COMPANIES with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a…
Business
US dollar drops to two-week low as investors take profit on ‘Trump trades’
THE US dollar dipped on Monday (Nov 4) as investors braced for wide-ranging implications for the global economy this week from the outcome…
Business
Indonesia weighs switching Garuda CEO as part of turnaround plan
INDONESIA is considering switching the chief executive officer at the Garuda Indonesia airline, part of the new government’s push to…
Business
GLP’s cancelled bond sale trains spotlight on long-term finances
MAJOR Asian logistics operator GLP’s abandoned attempt to return to the bond market after a three-year absence is a reminder of worries…
Business
German metalworkers' trade union launches further strikes
One of Germany's major industrial trade unions, IG Metall, has called for further strikes in the metal and electrical industry in two…
Business
Tesla China shipments slip 5% in october after bumper quarter
TESLA’s Shanghai factory deliveries slipped in October, the unexpected softness coming after a record quarter for China shipments at Elon…
Business
Singapore stocks edge up on eve of US elections following regional trend; STI rises 0.5%
THE Straits Times Index (STI) edged up on Monday (Nov 4) by 0.5 per cent or 16.61 points to end at 3,572.04. Across the broader market,…
Business
Volvo Cars October sales rise 3% year-on-year
VOLVO Cars’ sales rose 3 per cent year-on-year in October to 61,686 cars driven primarily by an increase in sales of fully electric and…
Business
Slavery reparations not about transfer of cash, says Lammy
UK Foreign Secretary David Lammy has said the concept of reparations for former colonial nations affected by slavery "is not about the…
Business
Singapore Airlines to invest S$1.1 billion in retrofitting Airbus A350 fleet
The upgrades across the cabin classes promise improved privacy and comfort and a beefed-up in-flight entertainment system SINGAPORE…
Business
Thai SCG halts operations at US$5.4 billion Vietnam petrochemical complex
SIAM Cement Group (SCG), Thailand’s largest industrial conglomerate, said on Monday (Nov 4) it has suspended commercial operation at its…
Business
South Korean refiners’ losses deepen in Q3, margins set to improve in Q4
SOUTH Korean refiners reported on Monday (Nov 4) sharp losses in the third quarter from oil refining, but expect their margins to recover…
Business
Anglo-American to sell stake in Australian steelmaking coal mines for US$1.1 billion
UK-based Anglo-American said on Monday (Nov 4) that it will sell its minority stake in a joint venture that owns a 70 per cent interest in…
Business
Canada’s hotel development pipeline surges
The latest data from Lodging Econometrics (LE) for the third quarter of 2024 highlights an unprecedented expansion in Canada's hotel…
Business
UAE’s Adnoc to deploy autonomous AI in the energy sector for the first time
UAE energy giant Adnoc will apply highly autonomous agentic artificial intelligence in the energy industry for the first time, in…
Business
India's Varanasi: Holy city on the Ganges where Hindus seek salvation
When Sharda Devi realized she only had a few days left to live, it didn't go down particularly well. Her son Mukesh Tiwari was preparing a…
Business
Blackstone targets new European markets in global wealth push
BLACKSTONE’S private wealth business plans to enter at least two new European markets next year to tap growing demand among the well-off,…
Business
Foxconn subsidiary seeks US$80 million Vietnam investment for integrated circuits
TAIWANESE giant Foxconn’s subsidiary Shunsin is seeking a permit to invest US$80 million in northern Vietnam to produce integrated…
Business
China’s Nio plans to sell its first hybrid car overseas only: sources
CHINESE electric vehicle (EV) maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets,…
Business
Thailand delays naming Bank of Thailand chair as dispute drags on
THAILAND delayed naming a new central bank chairman as opposition mounted against the government’s bid to push the candidacy of a former…
Business
Nvidia’s Jensen Huan asked SK Hynix to bring forward supply of HBM4 chips by six months, SK’s chairman says
NVIDIA CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward by six months the supply of its next-generation…
Business
Hot stock: Genting Singapore shares rise nearly 2% after RWS casino chief steps down
The announcement comes months after MacDonald said he was issued a persona non grata notice, which banned him from Marina Bay Sands’…