Fashion
Europe: Shares gain on hope of end to US government shutdown; Diageo shines
EUROPEAN shares rose on Monday, echoing a buoyant mood across global markets as investors cheered initial signs that the historic US government shutdown could soon come to an end, while...
Grindr chairman steps down amid his bid to take the company private
The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped down from his position. James Lu,...
US: Wall Street advances on hopes of government reopening
WALL Street’s main indexes opened higher on Monday (Nov 10), with risk sentiment aided by signs of progress in Washington to end a record US government shutdown that has...
Apollo to become majority shareholder in Atletico Madrid
[MADRID] US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday...
Grab to invest US$60 million in remote driving tech startup Vay
Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver[SINGAPORE] Ride-hailing company Grab will invest US$60 million...
Frasers Property partners CIMB Singapore to provide SMEs with flexible financing solutions
Participating retailers at Frasers Property malls will get free account setup and payment terminals[SINGAPORE] Frasers Property has announced a five-year partnership with CIMB Singapore to provide flexible financing solutions...
Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition[SINGAPORE] Glovemaker Riverstone Holdings reported a drop of 28 per cent in net profit to RM52 million...
Boustead posts 3% drop in H1 net profit as US tariffs moderate energy sector activities
The board nevertheless declares an unchanged interim cash dividend of S$0.015 per share[SINGAPORE] Mainboard-listed Boustead Singapore ’s net profit for the half-year ended September fell 3 per cent year...
STI slips 0.1% on Monday, bucks regional trend
Genting Singapore is the top gainer on the index while ST Engineering had the biggest decline[SINGAPORE] The Straits Times Index (STI) closed down on Monday (Nov 10), as regional...
Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role
[BENGALURU] Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an outsider to steer the...
Hong Kong extends digital bond ambitions with 3rd offering
City looking to sell digital green bonds denominated in US dollars, Hong Kong dollars, euros and offshore yuanHONG Kong is marketing a new set of “digitally native” bonds denominated...
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins[BEIJING/SHANGHAI] China’s Internet platforms are quietly reviving consumer lending, taking Beijing’s...