Business
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies…
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Business
China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture…
Business
Latest NZ$2.80-per-share offer by CDL Kiwi unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium and Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase…
Business
Latest NZ$2.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium & Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase…
Business
Meta lays off more than 100 employees across Reality Labs unit
Meta Platforms is laying off more than 100 people across its Reality Labs division focused on creating virtual reality (VR) and wearable…
Business
Boeing to sell Jeppesen unit to Thoma Bravo for US$10.55 billion
Boeing said on Tuesday (Apr 22) it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Developments Ltd’s (CDL) wholly owned…
Business
Prison unit where Manchester Arena bomber Hashem Abedi attacked guards emptied
Daniel De Simone Investigations correspondent All prisoners held in the terrorism prison unit where Manchester Arena bomber Hashem Abedi…
Business
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s…
Business
Sats unit bags 5 year contract with Emirates SkyCargo at Frankfurt Airport
The freight handler now provides specialised gateway services at 21 stations across the airline’s global network Sats’ subsidiary…
Business
Nomura scales back China wealth unit, seeks new securities CEO
Nomura Holdings has scaled back its original focus on China wealth to prioritise an expansion in brokerage and asset management in the…
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
Sembcorp unit proposes to more than double stake in power supplier Senoko Energy
Sembcorp Industries is moving to raise its stake in energy supplierSenoko Energy that could potentially more than double its interest in…
Fashion
Toyota’s new R&D unit signals its sharper India focus
Toyota Motor is setting up its first research and development (R&D) centre in India through its local unit, sources familiar with the…
Business
Abrdn in talks to launch China asset management venture with Citic unit: sources
ABRDN is in advanced talks with Citic Bank to launch an asset management joint venture in China, two sources with knowledge of the matter…
Business
UOL unit, partner win tender for residential site in Shanghai
A UNIT of property developer UOL Group, together with an industry partner, has won a nine billion yuan (S$1.7 billion) tender for a…
Business
TikTok restructures trust and safety team, lays off staff in unit: sources
The layoffs began the same day for teams in Asia and Europe, Middle East and Africa TIKTOK is laying off global staff at its trust and…
Business
Australian unit of ComfortDelGro probes media allegations of wrongful conduct
AN AUSTRALIAN unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it is…
Fashion
Seatrium inks MOU with BP for deepwater floating production unit in US Gulf of America
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPU OFFSHORE and marine…
Culture
Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPU OFFSHORE and marine…
Business
Carrefour proposes buyout of Brazilian grocery unit Atacadao
FRENCH grocer Carrefour submitted a proposal for a take-private of its Brazilian subsidiary Atacadao. Atacadao said that its management…
Business
Lawsuit brought against PropNex unit on alleged salesperson misconduct
REAL estate services group PropNex said that its wholly owned subsidiary PropNex Realty, has been named as one of three co-defendants in a…
Business
Temasek-backed Cuscaden moves to privatise Paragon Reit at S$0.98 per unit
TIMES Properties, a wholly owned subsidiary of Cuscaden Peak Investments, is looking to take Paragon Real Estate Investment Trust (Reit)…
Business
Teenagers mocked by nurses at Skye House children's psychiatric unit
Mark Daly and Jax Sinclair BBC Scotland Disclosure Child psychiatric care 'was more like abuse' Former patients at Scotland's biggest…