Fashion
TikTok sued by 13 US states and DC, accused of harming younger users
[ad_1] TIKTOK faces new lawsuits filed by 13 US states and the District of Columbia on Tuesday (Oct 8), accusing the popular social media platform of harming and failing to...
GLP Capital Partners sells ex-China assets to Ares for up to US$5.2 billion
[ad_1] FUND manager GLP Capital Partners (GCP) has agreed to sell its operations outside China to US-based alternative investment group Ares Management, in a deal worth up to US$5.2 billion.Under...
PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas
[ad_1] PepsiCo cut its forecast for annual sales growth on Tuesday (Oct 8) as picky consumers in North America limit their spending on sodas and savoury snacks, while opting for...
China’s BYD wants to build cars in India, but has no ‘direct’ signal of investment rules easing
[ad_1] CHINA’S BYD wants to make cars in India but has received no “direct” signal from New Delhi on a possible easing of stringent investment rules for Chinese businesses, a...
Online retailer Shein’s 2023 sales hit £1.55 billion in UK
[ad_1] SHEIN’S British business made £1.55 billion (S$2.6 billion) in revenue in 2023, up sharply from its previously reported results, a filing by the online fast-fashion group showed on Tuesday...
Don’t abandon us on China, Cognac lobby urges French government
[ad_1] NEW Chinese duties on European brandy imports would have “catastrophic” consequences for one of France’s top export sectors, the BNIC lobby group of Cognac producers said on Tuesday (Oct...
Singapore stocks fall amid regional declines on Tuesday; STI down 0.7%
[ad_1] SINGAPORE stocks tracked regional declines on Tuesday (Oct 8), reversing Monday’s gains.
The benchmark Straits Times Index (STI) lost 0.7 per cent or 23.5 points to 3,575.69. Across the broader...
Hong Kong stocks plunge more than 9%, biggest fall in 16 years
[ad_1] Hong Kong’s Hang Seng Index dived 9.41%, or 2,172.99 points, to 20,926.79. Hong Kong stocks plunged more than nine per cent on Tuesday (Oct 8), their biggest fall in...
Saudi fund trims Nintendo stake after saying it wants more
[ad_1] Its ownership in the company falls to 7.54% from 8.58%, a filing to Japan’s finance ministry showsSAUDI Arabia’s sovereign wealth fund has disclosed that it sold down its stake...
Battery maker LG Energy profit declines as global EV sales slump
[ad_1] THE global slowdown in electric vehicle (EV) sales has hit LG Energy Solution, with the Korean battery maker’s third-quarter profit falling almost 40 per cent.Operating profit for three months...
