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MILAN –Rodrigo Bazan is exiting his role as chief executive officer of Thom Browne at the end of August, WWD has learned. According to sources, he is stepping down to pursue other…
French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, sources familiar with the matter told Reuters on Friday (Jul 25). The…
The United States is preparing to grant new authorisations to key partners of Venezuela’s state-run PDVSA, starting with Chevron, to allow them to operate with limitations in the…
Toss – a popular South Korean app that provides banking and a host of other financial services – aims to list in the US in the second quarter of 2026 with a valuation of more than US$10…
Consultants, advisors, and boards are consistently giving nonprofits the same singular advice in 2025: Diversify fundraising sources. Why? Because the new administration’s reduced appetite…
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps Julius Baer Group plans to reduce the bonuses of…
A potential transaction could value the whole venture at roughly US$5 billion including debt Schneider Electric is considering buying out the remaining stake in its India venture…
Klook, a travel and leisure booking platform, is exploring an initial public offering in the US that may raise as much as US$500 million, according to people with knowledge of the…
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes Bank Sumitomo Mitsui Financial Group (SMFG) is considering making an…
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31 Bank of Japan (BOJ) officials are likely to consider raising at least one of their…
Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200 million package for a former Apple distinguished…
Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain platform, according to people familiar with the matter.…
The sale would allow the American oil major to deploy more capital in areas of higher growth potential Aster Chemicals and Energy, a joint venture between Indonesia’s Chandra Asri…
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a joint…
A PRELIMINARY report into the crash of an Air India jetliner that killed 260 people in June is expected to be released by Friday, a step that could provide early details into the world’s…
Deutsche Bank and SeaTown Holdings International are among the lenders providing a US$510 million private credit loan to VinFast Auto, according to people familiar with the matter.…
Europe’s Airbus is close to winning an order from Malaysia Aviation Group (MAG) for more A330neo long-haul jets, industry sources said on Wednesday (Jul 2). The parent of flag…
CHINA-FOUNDED fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making…
Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with…
ROME-ING AROUND?: Does Fendi have its eye on Willy Chavarria? According to sources, the Roman fashion house has had discussions with the New York-based designer, who electrified Paris…
The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Company (TSMC),…
US oil major Chevron has sought non-binding bids for the sale of its 50 per cent stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina, eight sources…
[JAKARTA/SINGAPORE] Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant South-east Asian ride hailing and food delivery company has run into regulatory hurdles,…
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar…
