Business
Primark CEO Paul Marchant Resigns Following Company Investigation
LONDON – Paul Marchant, the longtime chief executive of clothing giant Primark, has resigned with immediate effect following a company…
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Business
Business
ECB’s Lagarde says keeping inflation in check is a ‘constant battle’
President Christine Lagarde said that the European Central Bank can’t relent on inflation, with the US administration’s trade policy…
Business
Japan's Nikkei closes near 8-month low on US tariff jitters
Japan’s Nikkei share average closed near an eight-month low on Monday (Mar 31), following sharp losses on Wall Street in the previous…
Business
China to recapitalise 4 big banks with 500b yuan
China’s Finance ministry will inject 500 billion yuan (S$92 billion) into four of the nation’s largest state banks via share placements,…
Business
EXCLUSIVE: Heritage Watchmaker Urban Jürgensen Gears for Relaunch
PARIS — When you’re a 253-year-old “watchmaker of kings,” you can afford to take your time. That’s the approach for the new chapter…
Business
EXCLUSIVE: The Vitamin Shoppe Is Launching a Supplement Line to Support GLP-1 Users
The Vitamin Shoppe‘s Whole Health Rx is expanding its support for GLP-1 users. After launching its telehealth platform Whole Health Rx,…
Business
Stocks slide; bonds, gold buoyed as tariffs stoke recession fears
Major global share markets fell sharply on Monday (Mar 31) and gold surged to another new record after US President Donald Trump said…
Business
Temasek, GIC are said to buy Novotech stake in deal with TPG
Temasek and GIC will acquire a significant stake in Novotech to fuel growth and accelerate acquisitions for the clinical research and…
Business
Chinese stocks power ahead of emerging peers amid AI frenzy
Gains in Chinese stocks have typically filtered through to bolster their emerging-market counterparts – not this time. Mainland equities…
Business
BOC Aviation buys 120 single-aisle jets from Airbus, Boeing
Aircraft lessor BOC Aviation will buy 120 Airbus and Boeing single-aisle jets, in its single-largest aircraft purchase, as it bolsters its…
Business
Temasek-backed 65 Equity Partners makes Europe foray with Swiss pharma merger
Asset manager 65 Equity Partners is backing Swiss pharmaceutical ingredient maker Healthcare Advanced Synthesis’ (HAS) acquisition of…
Business
Seoul overtakes Paris in beauty boom with dealmakers rushing in
As South Korean cosmetics gain popularity in the US, the world’s biggest market for beauty products, personal care startups in the east…
Business
Sinarmas Land minorities should be incensed by lowball offer from its controlling shareholder
The deal comes only a few months after a key unit of the group acquired a property company from Top Global at a premium to NAV Lowball…
Business
Jeff Bezos and Lauren Sanchez’s wedding won’t cause ‘abnormal disruption to anyone,’ Venice mayor says
Jeff Bezos and Lauren Sánchez’s wedding won’t cause any problems for the residents of Venice, the city’s mayor, Luigi Brugnaro, says. Last…
Business
Yangzijiang Financial places S$139.3 million in treasury shares for maritime investments
It says this is in line with its strategy to capitalise on industry tailwinds driven by increasing decarbonisation Yangzijiang Financial…
Business
Mapletree Industrial Trust banks on diversification for sustainable returns - The Business Times
It is not heading towards becoming a 100% data centre Reit; resilient Singapore industrial portfolio will continue to be a key area, says…
Business
Commodity traders still rake in billions as profit bonanza wanes
The world’s largest commodity traders are still making historically elevated profits, even as less-volatile markets mean their earnings…
Business
As Trump sinks the US dollar, once-unthinkable worry grips markets
As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. The US dollar, long a…
Business
Temasek weighs sale of testing firm Element Materials
Temasek Holdings is weighing a sale of Element Materials Technology, a UK testing company it acquired about three years ago, according to…
Business
Buyback consideration notches higher; ISOTeam CEO increases stake
[singapore] Over the five trading sessions from Mar 21 to 27, institutions were net sellers of Singapore stocks, with net institutional…
Business
Airbus wins £150 million contract to land European rover on Mars
Airbus has won a £150 million (S$260.4 million) contract to develop a landing platform that will deliver a UK-built rover onto Mars for a…
Business
Business Collateral: What Banks Really Want
When you’re looking to secure a business loan, one of the most important things to consider is collateral. Collateral can be a game…
Business
Dsquared2 Ends Licensing Deal With Staff International, Staff Sues Designers
MILAN– Dean and Dan Caten are taking complete control of the Dsquared2 fashion brand they founded in 1995. The Dsquared2 Group said…
Business
Who Is Charlie Javice and How Did She Defraud Wall Street's Biggest Bank of $175 Million
A shocking conviction of a young and promising female entrepreneur in a multi-million-dollar fraud case has rocked the U.S. fintech…