Fashion
Amazon to face legal action after laying off 1,900 in Quebec
[ad_1] The union also launched a campaign calling on consumers to boycott the multinational by not shopping on its online platform and cancelling Amazon Prime subscriptionsAMAZON.COM’S decision to close all...
KKR raises offer for Fuji Soft in US$4.3 billion tussle with Bain
[ad_1] KKR & Co raised its offer price for Fuji Soft to fend off a rival bid from Bain Capital, the latest chapter in a months-long battle for the Japanese...
US: Wall St muted at open after China’s retaliatory tariffs
[ad_1] WALL Street’s main indexes were subdued at the open on Tuesday (Feb 4) as investor appetite for risk waned after China retaliated against new trade restrictions announced by US...
KKR quarterly profit beats expectation on dealmaking revival
[ad_1] ALTERNATIVE asset manager KKR & Co reported a fourth-quarter profit that beat Wall Street expectations on Tuesday (Feb 4), as a rebound in dealmaking activity boosted its income from...
Spotify forecasts profit above estimates on subscriber growth, price increases
[ad_1] In the fourth quarter, premium subscribers rose 11 per cent to 263 million, compared with Visible Alpha estimates of 260 million. SPOTIFY forecast first-quarter profit above market estimates on...
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
[ad_1] ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel destinations such as Korea and China, while also expanding...
Convening EGM is ‘waste of money’: Sabana Reit internalisation committee
[ad_1] THE internalisation committee and incoming directors of Sabana Industrial Real Estate Investment Trust (Sabana Reit) said on Monday (Feb 3) that they intend to vote against all the resolutions...
Tariffs could deal US$200 million blow to Guinness-owner Diageo in second half
[ad_1] GUINNESS-owner Diageo estimates its operating profit could be dented by roughly US$200 million if US tariffs on Mexico and Canada are implemented in March, its finance chief Nik Jhangiani...
Guinness-owner Diageo scraps medium-term goals as tariffs cloud outlook
[ad_1] GUINNESS-owner Diageo withdrew its ambitious sales growth target on Tuesday (Feb 4), in an acknowledgement a prolonged downturn in demand and uncertainty over US President Donald Trump’s tariffs require...
Temasek and CenterSquare launch US$100 million commercial real estate debt co-investment vehicle
[ad_1] The portfolio continues a strategy across the global real estate investment manager’s debt fund seriesTEMASEK and CenterSquare Investment Management have launched a US$100 million commercial real estate debt co-investment...
