Culture
Lululemon plunges with growth plans threatened by Trump tariffs
[ad_1] LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing the company’s ambitious growth plans.The retailer is projecting sales in the...
Trafigura flags trading headwinds as payouts outstrip profit
[ad_1] TRAFIGURA Group warned that market volatility may not translate to opportunities for its traders, as the commodity giant reported first-half results that showed its dividend payments exceeded net profit. US...
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
[ad_1] [NEW YORK] Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the US economy’s resilience despite tariff uncertainty...
Oil settles up as US, China teams to meet following Trump, Xi trade call
[ad_1] [HOUSTON] Oil prices settled higher on Thursday, recovering from the previous day’s drop, on news that the US and China agreed to more trade talks following a phone call between...
US: Stocks slump as Tesla shares tank on Trump-Musk row
[ad_1] [WASHINGTON] Wall Street stocks tumbled on Thursday as a row between US President Donald Trump and Tesla boss Elon Musk erupted - with the electric vehicle firm’s share price tumbling around...
The good, the bad and the ugly of DEI
[ad_1] OVER the past two decades, Diversity, Equity and Inclusion (DEI) has moved from the periphery of corporate discourse to become a key concern in boardrooms.At its core, DEI seeks...
StanChart brings maximum interest rate on savings account to record 8.05%
[ad_1] [SINGAPORE] While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an all-time high. Its revised interest rates, which...
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
[ad_1] The state-owned oil firm will also freeze promotions and hiring until December 2026Published Thu, Jun 5, 2025 · 05:46 PM — Updated Thu, Jun 5, 2025 · 06:12 PMThe...
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
[ad_1] [OHIO] Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as...
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
[ad_1] [SINGAPORE] Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around US$6.7 million, said managers...
Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
[ad_1] [SINGAPORE] The Appellate Division of the High Court has partially allowed an appeal by Goh Jin Hian against having to pay damages for breaching his duty of care as...
High Court partially allows Goh Jin Hian’s appeal, finds he did not breach duty by not probing IPP’s red flags
[ad_1] [SINGAPORE] The High Court has partially allowed an appeal by Goh Jin Hian, a former director of insolvent marine fuel supplier Inter-Pacific Petroleum (IPP).The Appellate Division of the High...