Fashion
Golden Agri-Resources posts lower underlying profit of US$91 million for Q3
PALM oil producer Golden Agri-Resources (GAR) posted an 18 per cent lower underlying profit of US$91 million for the third quarter of the 2024 financial year, from US$110 million in...
India’s top clean energy agency weighs criminal proceedings against Reliance Power
This comes as the company looks to expand into the domestic and overseas renewable energy sectorINDIA’S top renewable energy agency has sent a notice to Reliance Power, a company run...
Japan’s megabanks see record annual profit after bumper Q2 as rate hikes boost margins
JAPAN’S three megabanks raised their annual profit forecasts to all-time highs on Thursday (Nov 14), fuelled by robust lending demand and higher margins following a July interest rate hike by...
Income Insurance and Allianz say their deal is still alive despite government veto
INCOME Insurance and Allianz announced in a bourse filing on Thursday (Nov 14) that discussions over a deal to acquire a majority stake in the local insurer are still ongoing...
LVMH moves Alexandre Arnault to HQ, fueling succession talk
LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury conglomerate’s Paris headquarters from New York-based jeweller Tiffany & Co.
Alexandre...
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest from prospective investors, according...
Australia’s Woolworths, Coles face class action over dodgy discount claims
The new class action tightens pressure on the sector reeling from a cost-of-living crisisAn Australian consumer protection law firm has launched a class action lawsuit against the country’s top two...
Emperador Q3 net profit falls 52.2% to 981 million pesos
PHILIPPINE liquor giant Emperador’s net profit for the third quarter ended September fell 52.2 per cent to 981 million pesos (S$22.4 million), from 2.1 billion pesos in the previous corresponding...
Aviva posts 15% rise in 9-months general insurance premiums
BRITISH insurer Aviva posted a 15 per cent rise in general insurance gross written premiums for the first nine months of the year to £9.1 billion (S$15.5 billion) on Thursday...
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market. When these shares are cancelled, the bank’s...
Who Is Shayne Coplan? FBI Seizes PolyMarket CEO’s Phone and Computer after Betting Platform Correctly Predicted Trump’s Win
The FBI has seized the phone and electronic devices of Polymarket's CEO after the election-betting platform accurately predicted Donald Trump's victory. Shayne Coplan, 26, was reportedly confronted at his Soho...
