Culture
Armani’s death puts fate of luxury empire in hands of heirs
[ad_1] [ROME] Giorgio Armani fought for decades to keep the fashion empire he founded independent, as Italian icons like Gucci and Fendi were snapped up by larger luxury chains. It...
BMW’s iX3 spearheads multibillion-dollar reboot that takes the fight to Tesla, BYD
[ad_1] [MUNICH] On Friday (Sep 5), German luxury carmaker BMW launched its second-generation iX3 – and with it, a sweeping reset strategy to catch up to its electric vehicle (EV)...
Apple’s India sales hit record US$9 billion after big retail push
[ad_1] [NEW DELHI] Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the...
Asian exporters absorbing about 20% of US tariffs, passing on remaining costs: Nomura
[ad_1] [SINGAPORE] Asian exporters are absorbing about one-fifth of US tariffs and passing on the remaining costs, indicated Nomura’s Asia Economic Monthly report released on Friday (Sep 5). Advanced manufacturers...
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
[ad_1] [SINGAPORE] In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion in digital assets held or traded in a single...
Tencent-backed Airwallex acquires OpenPay; move pits it against Stripe Billing
[ad_1] [SINGAPORE] Fintech company Airwallex has acquired OpenPay, a San Francisco-based billing platform that provides subscription management, payment orchestration and revenue analytics services. The Singapore-based company will bring OpenPay’s billing...
US tech titans pay homage to Trump at White House dinner
[ad_1] [WASHINGTON] Tech world executives showered Donald Trump with praise on Thursday during a rare dinner that saw the US president host some of the most important players in AI...
Broadcom to help OpenAI create AI chip to take on Nvidia
[ad_1] [SAN JOSE, California] Broadcom is helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia.
The two firms plan to ship...
Starbucks China reportedly valued at about US$5 billion by bidders
[ad_1] [HONG KONG] Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two...
Starbucks China valued at about US$5 billion by bidders, sources say
[ad_1] [HONG KONG] Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two...
