Fashion

HSBC revamp by new CEO Georges Elhedery stumps staffers, investors alike
[ad_1] HSBC Holdings’ new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and...
Stocks to watch: Mapletree Logistics Trust, CapitaLand Ascott Trust, Keppel Infrastructure Trust, Parkway Life Reit
[ad_1] THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 23):Mapletree Logistics Trust (MLT): The logistics real estate investment clocked a 10.6 per...
US banks brace for open banking era of consumer data sharing
[ad_1] US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule aimed at fuelling more competition for financial...
Air taxis take one step closer to reality with FAA rules
[ad_1] US AVIATION regulators released final safety rules for the nascent air taxi industry on Tuesday (Oct 22), crossing a key milestone for companies such as Joby Aviation and Archer...
McDonald’s linked to dozens of food poisonings, one death in US
[ad_1] ONE person has died and dozens have fallen sick following a severe E. coli outbreak linked to McDonald’s Quarter Pounder hamburgers, the US Centers for Disease Control and Prevention...
Amazon sets ultra-low pricing plans for Temu rival store: The Information
[ad_1] AMAZON.COM is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch, the Information...
BOE’s Bailey says tools need to improve to surveil non-banks
[ad_1] THE Bank of England needs to improve the ways it is able to track developments in the non-banking system, which is less transparent relative to the banking system, Bank...
OUE unit to issue S$50 million in fixed-rate green notes due 2029 at 4%
[ad_1] AN OUE subsidiary, OUE Treasury, has proposed to issue S$50 million in green notes due 2029 at a fixed rate of 4 per cent per annum, the property player...
3M raises profit forecast after quarterly beat on electronics demand
[ad_1] An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company3M Co raised the lower end of its full-year adjusted profit forecast on...
Moody’s raises full-year profit forecast above estimates on strong product demand
[ad_1] RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent rise in third-quarter earnings on Tuesday (Oct 22), on...
GM results exceed Wall Street targets; company is upbeat on full-year earnings 
[ad_1] General Motors continued to defy Wall Street’s expectations this year, posting third-quarter results ahead of analyst projections on the back of steady petrol-engine truck and SUV sales and a...
ASML chief sees US pressure building for more China restrictions
[ad_1] ASML Holding chief executive officer Christophe Fouquet expects pressure will grow from the US to further restrict sales of semiconductor technology to China, the biggest market for the Dutch...