Unit
Review of Optus emergency calls outage finds process, accountability gaps in Singtel unit
[ad_1] The report finds that ‘challenges in Optus’ culture’ affected decision-making and response times[SINGAPORE] An independent review into Optus’ major September outage has uncovered gaps in process, accountability, and escalation...
Acrophyte Hospitality Trust unit to divest Hyatt Place Primacy Parkway hotel for US$7.8 million
[ad_1] [SINGAPORE] ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the United States for US$7.8 million.Located in Memphis, Tennessee,...
Volkswagen budget cuts force battery unit to seek external funds
[ad_1] PowerCo is considering bank loans, external investors and a potential public offering [FRANKFURT] Volkswagen’s battery business is being forced to seek external financing after the German carmaker cut its...
Louis Vuitton sues unit of SGX-listed ValueMax over alleged trademark infringement
[ad_1] LV has four trademarks registered in Singapore: the ‘LV’ monogram and three graphical motifs[SINGAPORE] Global luxury and fashion goods company Louis Vuitton has sued a wholly owned subsidiary of...
Samudera Shipping unit, Imoto Corporation enter JV to set up shipping company in Japan
[ad_1] Blue Ocean Shipping will be headquartered in Kobe and is expected to begin operations in the first half of 2026 [SINGAPORE] A subsidiary of container shipping group Samudera Shipping...
Intel has tested chipmaking tools from firm with sanctioned China unit: sources
[ad_1] Two of ACM’s units, based in Shanghai and South Korea, are barred last year from receiving US technology[WASHINGTON/SAN FRANCISCO] Chipmaker Intel, has tested chipmaking tools this year from a...
ST Engineering’s US unit among defendants in UPS plane crash lawsuit
[ad_1] Lawsuit alleges negligence in maintenance checks by subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of several companies named...
Harvey Norman operator Ossia sets up new unit; buys leasehold property, Global Ten Realty
[ad_1] [SINGAPORE] Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property investment entities.Ossia Capital in turn...
Olam unit bags US$1.12 billion dual currency loan facility
[ad_1] It will be used to refinance ofi’s existing loans and for general corporate purposes[SINGAPORE] Agribusiness conglomerate Olam Group said on Wednesday (Dec 10) that its wholly owned subsidiary, Olam...
Olam Group says unit secures US$1.12 billion dual currency loan
[ad_1] OLAM Group said on Wednesday its unit olam food ingredients (ofi) had secured a multi-tranche dual currency term loan facility aggregating US$1.12 billion.The facility, consisting of two US dollar...
Netflix to buy Warner Bros Discovery’s studios, streaming unit for US$72 billion
[ad_1] The deal will further tilt the power balance in Hollywood in favour of the streaming giant[LOS ANGELES] Netflix on Friday (Dec 5) agreed to buy Warner Bros Discovery’s TV,...
Meta’s Zuckerberg plans 30% budget cut to metaverse unit, potentially triggering January layoffs: sources
[ad_1] The proposed metaverse cuts are part of the company’s annual budget planning for 2026[SAN FRANCISCO] Meta Platforms’ Mark Zuckerberg is expected to meaningfully cut resources for building the so-called...