Business
RealReal CEO Salary: Rati Levesque’s Pay Rises to $11.5M
Rati Levesque was welcomed into the corner office at RealReal Inc. with stock awards valued at $10 million, which made up the bulk of her…
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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…
Business
Brides Like ‘90s-style Wedding Gowns, Brown Flowers and Lace-like Nails, Pinterest Says
Brides-to-be turn to Pinterest to check out possibilities for their weddings and their searches have unearthed some interesting trends for…
Business
Coca-Cola results beat estimates on price hikes, demand surge
Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from…
Business
Saks Joins Amazon in Designer Fashion Breakthrough
Did Saks just help Amazon crack the luxury code? Maybe. The internet’s everything store has been looking to break into high-end fashion…
Business
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
Business
Business Owner Salary: How Much is Too Much?
As a business owner, figuring out how much to pay yourself can be one of the trickiest decisions you face. It’s a balancing act between…
Business
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertainty United Parcel Service reported a…
Business
China’s Big Five banks post slimmer margins as economic challenges persist
[SHANGHAI/HONGKONG] China’s Big Five lenders on Tuesday (Apr 29) reported narrower margins on their first-quarter earnings and some a drop…
Business
Wilmar reports higher earnings for Q1 2025 on better performance from business segments and associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a…
Business
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money. Studies have shown…
Business
Jean Paul Gaultier Is Officially a Cabaret King
TOP OF THE POPS: Jean Paul Gaultier‘s post-runway career in cabaret-style revues is going swimmingly. On Tuesday, Berlin’s…
Business
Trade war may lower growth and inflation in eurozone, ECB’s Cipollone says
A GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary…
Business
Norway wealth fund CEO sees potential in real estate, renewable assets
Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s…
Business
Adidas holds back on profit upgrade due to tariff uncertainty
German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter…
Business
Katie Welch on Playing a Vital Instrument in Rare’s Orchestra
As chief marketing officer of Rare Beauty, Katie Welch has successfully and thoughtfully used storytelling to connect with audiences.…
Business
Carlsberg maintains full-year outlook, warns of volatile consumer sentiment
Carlsberg expects between 1% and 5% growth in organic operating profit for the current year [COPENHAGEN/LONDON] Danish brewer Carlsberg on…
Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell…
Business
HSBC Q1 profit drops 25%; launches US$3 billion share buyback
launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday due to one time charges…
Business
Gold falls on easing trade war concerns; US data awaited
Gold prices fell on Tuesday (Apr 29) as easing trade tensions between the US and its trading partners dented the metal’s safe-haven…
Business
China’s CICC eyes Middle East, South-east Asia in global push
China International Capital Corporation (CICC), one of the nation’s largest brokerages, is seeking to tap the growing demand for…
Business
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million United Overseas Insurance (UOI), the general…
Business
Power being restored to Spain and Portugal as cause investigated
A massive power outage that has caused chaos in Spain and Portugal is beginning to be fixed but many remained without electricity on…
Business
UPS in talks with startup Figure AI to deploy humanoid robots
A growing number of startups and Big Tech firms are seizing on recent advances in AI technology to develop robots that look and move more…