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NAB and the rest of Australia’s ‘Big Four’ banks rely heavily on the strength of the housing market National Australia Bank (NAB) chief executive Andrew Irvine said Australia needs to…
The bank’s total allowance stood at S$6.4 billion, comprising S$4.1 billion in general allowances and S$2.4 billion in specific allowances. DBS’ general allowance reserves are “more than…
Steven Madden Ltd. CEO Edward Rosenthal had great news about the shoe firm’s prospects, and investors cheered. Shares of Madden spiked up 13.6 percent to close the trading day Wednesday at…
Pinterest, a platform Futurism described as “being strangled by AI slop,” is not having a great day. The image-based social media company yesterday released its third-quarter earnings and,…
Spotify saw double-digit growth on its free and paid-subscription tiers for the third quarter of 2025, as the audio streaming delivered results that met or beat Wall Street forecasts. The…
An interim committee has been set up to oversee all operational matters pending successor search Mainboard-listed Fu Yu Corp has terminated group chief executive officer David Seow for…
Yangzijiang (YZJ) Financial’s executive chairman and CEO, CFO and lead independent director have resigned as the company prepares to spin off its existing maritime investments under a new…
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. Apple chief executive Tim Cook on Thursday (Oct 30)…
The dispute has triggered concerns of production stoppages, especially in the European auto industry Wingtech Technology says any deal to restart Nexperia’s exports from China must include…
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30. The insurance company also announced the departure…
Boot Barn is raising its yearly guidance as well as its store opening targets as the Western craze shows no sign of slowing down. In the second quarter of fiscal 2026, the Irvine,…
Golden Goose is appointing Mauro Maggioni as its new chief executive officer of the Americas, the brand confirmed to FN exclusively. The news comes as outgoing CEO of the Americas Silvia…
Paramount Skydance, aiming to get leaner and meaner, today is laying off about 1,000 employees, mostly in the U.S. David Ellison, chairman and CEO of Paramount, sent employees a memo about…
Loh Chin Hua says the company has been exploring power banking to boost efficiency Finding land with the right connectivity and access to water to build data centres is becoming…
Intel chief executive officer Tan Lip-Bu said he is working to “refocus” the beleaguered chip company on engineering after its struggles with complacency and mismanagement. The executive,…
Tag Heuer is having a stellar run this year. January saw its return to Formula 1 as the official timekeeper, as part of the sport’s global 10-year partnership with parent group LVMH Moët…
MAGGIO EXITS: More changes are taking place at the Elisabetta Franchi fashion company. Chief executive officer Gabriele Maggio has exited the brand’s parent company Betty Blue SpA, based…
Trump then went on to brag about his IQ, claiming that “aptitude tests” he received at Walter Reed proved he was superior to his political opponents—especially compared to a couple of…
The CEO of the nonprofit managing the Alamo resigned after a powerful Republican state official criticized her publicly, suggesting that her views aren't compatible with the history of the…
Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable [ESPOO, Finland] Nokia’s CEO Justin Hotard said artificial intelligence is driving a…
PARIS — In a move that blends Scandi style with circular fashion, Danish label Ganni has teamed with French resale giant Vestiaire Collective to launch a dedicated service that lets…
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a way to diversify their assets. “Compared with the…
MILAN — When Michael Chalhoub took over the company his grandfather, also named Michael, started 70 years ago, he found himself at the helm of the Middle East‘s biggest luxury retail…
Marco Giordani, CFO of Berlusconi family-backed MFE-MediaForEurope, has been appointed new CEO of Germany’s ProSiebenSat.1, succeeding Bert Habets in a management shakeup at the German…
