Leadership
Olympics caterer Sodexo mulls acquisition of Aramark
FRENCH food catering company Sodexo has been exploring a potential acquisition of US rival Aramark as it seeks growth overseas, sources said.The caterer has been discussing a possible purchase...
Thames Water hit by more rating agency downgrades as cash crunch looms
If a majority of its creditors cannot agree on releasing reserves early, the company could come to a standstill at the end of DecemberTHAMES Water’s debt was further downgraded...
✂️ Time to buy more stocks? Lessons from past Fed cuts
📚 Interest rate theoriesAfter a brief calm in the markets, last week came a burst of activity. Stock markets surged, with some breaking new records. Bitcoin rallied. US companies...
UOL, SingLand in preliminary talks to acquire half stake in Sydney building
PROPERTY developers UOL and Singapore Land (SingLand) are in preliminary confidential discussions with an unnamed party on the potential acquisition of a 50 per cent stake in “an office...
Qantas deceived almost one million passengers with fake flights
QANTAS Airways’s ghost-flight scandal misled almost one million customers booked on tens of thousands of non-existent services, according to court documents that reveal the scale of the misconduct and...
South Korean battery maker SK On to cut workforce amid challenging EV market
SOUTH Korean battery maker SK On said on Thursday (Sep 26) that it plans to introduce voluntary measures aimed at reducing its workforce, as the company seeks to improve...
Ikea will test smaller stores in China to woo cautious shoppers
IKEA will add more smaller outlets across China, as the furniture giant known for sprawling big-box stores experiments with more accessible retail formats amid an economic slowdown and surging...
Gold hovers near record high as Fed’s Powell grabs limelight
GOLD prices steadied on Thursday (Sep 26) after hitting a record high on the previous session, aided by the expectations for another big rate cut by the US Federal...
