Business
Aviva’s India arm hit with US$7.5m fine for fake invoice scheme
Indian authorities have ordered British insurer Aviva’s local unit to pay US$7.5 million in back taxes and penalties after an…
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Business
Business
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow…
Business
Prenup Talk: Have This Conversation Before 'I Do'
Getting married is a big step, and while love might be the main focus, it’s important to talk about prenuptial agreements too. These…
Business
Falling yields pile pressure on China’s insurers
CHINA’S insurance companies reported higher investment returns in 2024 despite falling market interest rates and an economy flirting with…
Business
Errol Musk Sparks Uproar with Explosive Claim That Michelle Obama Is a Man
Tesla CEO Elon Musk's father, Errol Musk, has made a controversial claim about former First Lady Michelle Obama, reviving an old…
Business
Isolated Indigenous man returns to tribe in the Amazon rainforest after brief contact
BRASILIA, Brazil (AP) — A young man from an isolated Indigenous tribe who approached a riverine community in Brazil’s Amazon returned…
Business
Empowering Brands with Digital PR: Strategies for Visibility and Credibility
In the fast-paced, ever-evolving world of digital marketing, gaining visibility and credibility can be a daunting challenge, especially…
Business
Meta plans major investment into AI-powered humanoid robots
META Platforms, after pushing into augmented reality and artificial intelligence (AI), has identified its next big bet: AI-powered…
Business
Future of Insurtech: Shravan Joginipalli's Impact on Claims & Risk Assessment
Shravan Kumar Joginipalli is making a significant impact in insurance technology, driving innovation and digital transformation in an…
Business
Family offices bet on Nvidia before US$589 billion DeepSeek rout
INVESTMENT firms for the world’s ultra-rich boosted their Nvidia allocations ahead of the DeepSeek-driven sell-off. Family offices for…
Business
Executor Duties: 10 Things You Must Do When Someone Dies
Being named an executor is no small task. It’s a role filled with responsibilities that can feel overwhelming, especially when you’re…
Business
OpenAI's board rejects bid from Elon Musk-led group
The feud between Elon Musk and rival Sam Altman took a new turn on Friday when OpenAI’s board rejected a $97.4-billion offer by an…
Business
Meta layoffs hit Singapore as tech giant cuts global workforce
JOB cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources…
Business
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower…
Business
Italy investigates Amazon over alleged 1.2 billion euro tax evasion
ITALIAN prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros…
Business
EXCLUSIVE: CEO Marc Metrick Says Saks Global Will ‘Reset’ the Multibrand Luxury Distribution Model
After a tough 2024, the newly formed Saks Global has a master plan to “reset” how it conducts business and has begun providing some…
Business
Europe: Shares log longest weekly streak of advances in a year
EUROPE’S main stock index closed lower on Friday (Feb 14), as investors paused following four successive sessions of gains, while luxury…
Business
Reimagining the Jewelry Shopping Experience
In this week’s episode of WWD Voices, Nicole Wegman, founder and chief executive officer of Ring Concierge, a fine jewelry company, joins…
Business
K-beauty Retailer Olive Young Is Setting Up a U.S. Subsidiary in Los Angeles
K-beauty retailer Olive Young is betting big on the U.S. market. The CJ Group-owned company, which operates more than 1,350 stores in its…
Business
Saudi Arabia Hires Startup to Develop Brain-Computer Control Implants
A brain-computer interface (BCI) startup called Paradromics, a competitor to Elon Musk's Neuralink that's aiming to control computers…
Business
Pete Davidson’s Tattoo-free Campaign Earns Reformation $1.2 Million in Media Exposure
Pete Davidson debuted his tattoo-free look on Reformation‘s Valentine’s Day campaign, released on Wednesday, and the photos quickly went…
Business
Golar LNG exits from LNG shipping segment with sale of Golar Arctic
Bermuda-based liquefied natural gas (LNG) company Golar LNG has announced the sale of its LNG carrier, Golar Arctic, marking the company’s…
Business
UOI’s net profit increases 10% to S$27 million in H2 FY2024
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$27 million for the second half of its 2024 fiscal year ended…
Business
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound…