Indonesia set to revamp benchmark rates for money market
Institutions use Jibor to determine interest rates for bank deposits, swaps and consumer loans, among other things Indonesia is set to phase out a key money-market benchmark this week,…
Tag
revamp
Nike’s Futuristic Foamposite Will Receive a Regal Revamp for NBA All-Star Weekend
Nike’s ahead-of-its-time Air Foamposite One sneaker will once again be a centerpiece of the brand’s NBA All-Star Weekend releases. According to @zsneakerheadz and Sneaker Market Romania,…
CEO of 7-Eleven US retires as company undergoes broader revamp
US CONVENIENCE store chain 7-Eleven said its chief executive will retire at the end of this month, as Japanese parent Seven & i Holdings seeks a turnaround of the business. Joe DePinto,…
Alibaba prepares major revamp of flagship AI app to rival ChatGPT
Alibaba Group Holding is preparing an overhaul of its main mobile AI app in coming months to help it more closely resemble OpenAI’s ChatGPT, a key step in a broader effort to catch rivals…
Thailand to ease IPO, foreign listing rules in market revamp
Thailand plans to simplify stock-listing procedures as part of a broader drive to strengthen capital market competitiveness and attract global investors. The “Thai Capital Market…
Metro soars 10% to near 2-year high on news of strategy revamp
Shares of department store retailer Metro advanced by 10 per cent on Tuesday (Sep 16), following news of its retail strategy revamp. The counter closed on Monday at S$0.50. By 3.24 pm on…
Metro soars 6% on news of strategy revamp
The stock hit a two-year high in intraday trade after a BT report on the retailer’s plans to launch new retail concepts Shares of department store retailer Metro advanced on Tuesday (Sep…
German Producers Upbeat Following Revamp of Funding but There’s Still Room for Improvement
Germany’s filmmaking scene is vibrant, with a recent reform of the country’s film law boosting production incentives, but producers see room for improvement. The Teutonic contingent in…
ANZ mulls up to 5,000 job cuts in bank revamp: report
Group is mulling a reduction in headcount by as many as 5,000 people as part of a wider restructure under chief executive officer Nuno Matos, according to a report by Capital…
Temasek revamp makes sense given the varied capabilities needed to manage growing portfolio
Back in the early 2000s, it puzzled me that Temasek Holdings chose to describe itself as an Asia investment company headquartered in Singapore; and its key portfolio holdings as…
Michael Jordan's Newest Signature Sneaker Gets a Revamp to Look Like His First
Michael Jordan‘s most recent signature sneaker is getting a mashup with his very first. The Air Jordan 40 “Black Toe” sees the recently launched performance basketball sneaker borrow…
BlueSG to pause operations, revamp fleet amid complaints of vehicle, app issues
Car-sharing operator BlueSG on Monday (Aug 4) announced that it would pause its car-sharing operations from Aug 8 while it prepares for a major upgrade to its tech platform and car fleet…
BlueSG lays off staff ahead of operations pause to revamp app and fleet
BlueSG on Monday (Aug 4) announced that it haslaid off staff ahead of a pause in its car-sharing operations from Friday, while it prepares for a major upgrade to its tech platform and…
Porsche cuts outlook as US tariffs, model revamp eat into profit
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling further pressure on the maker of 911 sports…
Stellantis poaches Renault design chief to lead Europe revamp
Stellantis hired Gilles Vidal, one of Renault’s top design executives, as the maker of Peugeot cars seeks a makeover under its new chief executive officer. Vidal, who worked at Stellantis…
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings is planning to let go of several…
India oil law revamp unlikely to draw foreign drillers amid red tape and weak incentives
India’s first rewrite of its 77-year-old oilfield rules kicked in on Apr 15, with New Delhi hoping it’ll help turn around a decade of sluggish output and and ease its growing reliance on…
‘Hercules’ Review: Disney’s Over-Bright, Relentless Revamp Muscles Into the West End
How do you do a flying horse on stage? Answer: You don’t. They cut the horse. But while Hercules’ friend Pegasus may be gone, in almost every other respect, Disney’s latest stage…
Private-hire group urges Grab to delay bonus revamp over fears that drivers’ earnings will be hurt
The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is “particularly concerned” about the impact on drivers’…
Julius Baer’s new CEO takes on old guard to revamp Swiss bank
On his first day as chief executive officer, Stefan Bollinger told staff at Julius Baer Group that they should not be afraid to speak up and reach out to him if there was anything that…
Apple’s 2025 WWDC unveils iOS software revamp, AI plans and more
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during an annual developers…
BNP to cut 200 branches by end of 2026 to kick off retail revamp
BNP Paribas chief executive officer Jean-Laurent Bonnafe plans to cut hundreds of domestic retail branches in an effort to lift profitability at a business that has struggled for years. In…
Citi to cut 3,500 technology jobs in China as part of global revamp
— Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday, as part of…
Citi to cut 3,500 tech jobs in China in global revamp
Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5), as it pushes to simplify and shrink global tech…