Fashion

Elon Musk’s ties to Trump pose potential conflicts for his businesses. Here’s a look at his federal contracts
[ad_1] Elon Musk is easily the world’s wealthiest man, with a net worth topping $300 billion. But even he stands to make more money from his association with the federal...
Prime US Reit Q3 distributable income falls to US$8.5 million
[ad_1] PRIME US Reit’s distributable income for the third quarter ended Sep 30, fell to US$8.5 million from US$14.7 million the year before, said its manager on Thursday (Nov 14)...
Golden Agri-Resources posts lower underlying profit of US$91 million for Q3
[ad_1] PALM oil producer Golden Agri-Resources (GAR) posted an 18 per cent lower underlying profit of US$91 million for the third quarter of the 2024 financial year, from US$110 million...
India’s top clean energy agency weighs criminal proceedings against Reliance Power
[ad_1] This comes as the company looks to expand into the domestic and overseas renewable energy sectorINDIA’S top renewable energy agency has sent a notice to Reliance Power, a company...
Japan’s megabanks see record annual profit after bumper Q2 as rate hikes boost margins
[ad_1] JAPAN’S three megabanks raised their annual profit forecasts to all-time highs on Thursday (Nov 14), fuelled by robust lending demand and higher margins following a July interest rate hike...
Income Insurance and Allianz say their deal is still alive despite government veto
[ad_1] INCOME Insurance and Allianz announced in a bourse filing on Thursday (Nov 14) that discussions over a deal to acquire a majority stake in the local insurer are still...
LVMH moves Alexandre Arnault to HQ, fueling succession talk
[ad_1] LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury conglomerate’s Paris headquarters from New York-based jeweller Tiffany &...
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
[ad_1] CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest from prospective investors,...
Australia’s Woolworths, Coles face class action over dodgy discount claims
[ad_1] The new class action tightens pressure on the sector reeling from a cost-of-living crisisAn Australian consumer protection law firm has launched a class action lawsuit against the country’s top...
Emperador Q3 net profit falls 52.2% to 981 million pesos
[ad_1] PHILIPPINE liquor giant Emperador’s net profit for the third quarter ended September fell 52.2 per cent to 981 million pesos (S$22.4 million), from 2.1 billion pesos in the previous...
Aviva posts 15% rise in 9-months general insurance premiums
[ad_1] BRITISH insurer Aviva posted a 15 per cent rise in general insurance gross written premiums for the first nine months of the year to £9.1 billion (S$15.5 billion) on...
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
[ad_1] THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market. When these shares are cancelled, the...