Business
DFI could offer a special dividend after selling Cold Storage, Giant and other units: CGSI
could potentially issue a special dividend of following its divestment of its Singapore food business to South-east Asian retail…
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Beauty
Meet the Rising Fragrance Brands Netting Millions in Sales on TikTok Shop
From men’s fragrances to body mists to “blind buys” and beyond — today’s fragrance trends are raging on TikTok Shop. The e-tailer is…
Beauty
What Beauty Shoppers Bought During Q1, According to Sephora, Macy’s, Walmart and More
Beauty was in full swing this quarter. While there are signs that the category could be next in line for a slowdown, according to…
Business
Cold Storage, Giant customers can expect cheaper products, more variety after takeover, buyer says
Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new outlets following the sale…
Business
Indonesian rupiah falls to lowest since Asian financial crisis
The central bank has repeatedly intervened in the markets this year, while the government implemented a rule forcing commodity exporters…
Beauty
Megalabs USA Acquires Skin Care Brand Geologie
Following its majority investment in hair growth brand DS Laboratories, pharmaceutical company Megalabs USA has been shopping again. This…
Business
Cathay Pacific will comply with stricter rules on power banks
Cathay Pacific Airways has been forced fall into line with its airline peers on rules governing portable power banks after the Hong Kong…
Business
StanChart boosts private credit presence with new hires in India
The bank has also appointed Ankit Dokania as director for the same team, and S Siddharth as executive director for private and traded…
Business
Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in data centre construction, arguing that the pace of that…
Business
Ex-Goldman analyst’s hedge fund reaps 300% on small Japan banks
Katsunori Tanaka spent most of his 19 years at Goldman Sachs scrutinising Japan’s biggest banks as an equity analyst. Now he’s making…
Business
Old video from India falsely shared as 'locals fighting robbers in Bangladesh'
As concerns grew at the rising crime levels in Dhaka, an old clip was mispresented as locals battling criminals in the Bangladeshi…
Business
China’s steel market is still in thrall to bleak property data
Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the…
Business
23andMe’s bankruptcy puts 15 million users’ DNA info on auction block
Millions of Americans who sent their saliva to 23andMe in the hopes of finding lost relatives or identifying health risks buried in their…
News
Boeing seeks to withdraw guilty plea deal in deadly crashes of 737 MAX jets: WSJ
Boeing is seeking to withdraw an agreement to plead guilty in a criminal case that blamed the company for deceiving regulators before two…
Business
Xiaomi raises US$5.5 billion in share sale for business expansion
China’s Xiaomi Corp said on Tuesday it had raised US$5.5 billion in an upsized share sale that will help fund the acceleration of its…
News
Brazil apologizes to families of victims of military dictatorship's mass grave
SAO PAULO (AP) — Brazil’s government on Monday apologized to families of victims of the country’s military dictatorship whose remains…
Business
Crypto exchange Kraken explores up to US$1 billion debt package
Crypto exchange Kraken is exploring raising as much as US$1 billion in debt ahead of a potential initial public offering, according to…
Business
What Pulled Hudson’s Bay Underwater
Even before Richard Baker’s NRDC firm took control of the Hudson’s Bay Co., the Toronto-based department store chain was a sinking ship.…
Business
How Retailers Like Macy’s and Target Are Pushing Ahead on AI While Balancing Risk With Reward
Retailers are more apt to tout their strengths than to wallow in their worries — at least publicly. But there is one place where that’s…
Business
Martin Miller, Architect of Cremieux-Dillard’s Deal, Dies at 94
Martin Miller, a well-known fixture in the apparel industry who brokered a deal between Dillard’s Department Stores and the Daniel…
Fashion
Lakme Fashion Week x FDCI Looks Back — and Ahead
It’s not going to be just nostalgia as Lakme Fashion Week x FDCI marks its 25th anniversary this week. Taking place until Sunday at the…
Business
‘Nova Scotia House’ Reimagines London’s Queer Life and History
LONDON — The British journalist Charlie Porter, who has just released his debut novel “Nova Scotia House” (Particular Books), owes a lot…
News
Colombia's lonely chimp Yoko finds new home in Brazil
Kidnapped from his family as an infant, then raised by a drug lord before ending up in a Colombian zoo, Yoko the chimpanzee has lived the…
Fashion
From the Newsroom: Fashion Week Wrap-up
This week’s WWD Voices podcast features a special edition of the program, “From the Newsroom,” where Alex Badia, style director at WWD,…