Culture
Gucci owner Kering gets more time to buy the rest of Valentino
[ad_1] [PARIS] Kering is getting more time to exercise an option to buy the rest of the fashion house Valentino, as the French group focuses on reducing its debt levels.Kering...
Alibaba leads Chinese tech funding spree with US$3.2 billion deal
[ad_1] The proceeds will be spent on various purposes, including scaling up its data centres, upgrading technology and expanding international commerce operations[NEW YORK] Alibaba Group Holding is leading a fundraising...
US: Oracle surge lifts S&P 500 to record as Dow declines
[ad_1] [NEW YORK] The S&P 500 finished at a new record on Wednesday behind a huge rally in Oracle shares as major US indices diverged ahead of key consumer inflation...
BlackRock gets US$10 billion financing for Aramco deal: sources
[ad_1] The majority of the financing is a seven-year loan facility, which could later be refinanced in the bond market[RIYADH] A group led by BlackRock’s Global Infrastructure Partners (GIP) unit...
AI infrastructure company Nebius to raise US$3 billion to fuel growth
[ad_1] [LONDON] Nebius Group said on Wednesday (Sep 10) it would raise US$3 billion to fuel growth in its core artificial intelligence cloud business, on the heels of its US$17.4-billion...
Del Monte swings into the black in Q1 with US$5.5 million net profit
[ad_1] [SINGAPORE] Canned-food brand Del Monte Pacific has returned to the black with a net profit of US$5.5 million for its first quarter ended Jul 31, 2025, compared with a...
Nio plans US$1 billion share sale to fund EV growth
[ad_1] The Shanghai-based EV maker will sell as many as 181.8 million new shares at HK$42.86 to HK$44.46 each[HONG KONG] Chinese electric-vehicle maker Nio plans to raise about US$1 billion...
Frasers Property’s emerging markets chief to take on additional role of Thailand CEO
[ad_1] Lim Hua Tiong is set to replace Thanapol Sirithanachai, who will continue to serve on the board[SINGAPORE] Frasers Property’s emerging markets chief executive Lim Hua Tiong will take on...
Centurion wins shareholder support for Reit listing plan
[ad_1] The Reit will accelerate the group’s growth and support sustainable capital recycling, says chief executive Kong Chee Min[SINGAPORE] Mainboard-listed Centurion Corp won overwhelming support at an extraordinary general meeting...
STI rises 1.1% to new high, as DBS leads gains
[ad_1] [SINGAPORE] The benchmark Straits Times Index (STI) ended 1.1 per cent or 48.89 points higher at a record 4,346.46 on Wednesday (Sep 10), with DBS leading the gains.South-east Asia’s...
Johor fastest-growing South-east Asian data centre hub; Singapore expansion remains ‘constrained’
[ad_1] The city-state’s ‘strict planning controls’ are leading global tech firms to look north[SINGAPORE] Johor is the fastest-growing data centre hub in South-east Asia, with aggregate supply nearly doubling in...
