Leadership
Singapore entertainment group Neon mulls IPO next year
IMMERSIVE entertainment group Neon is considering an initial public offering (IPO) in Singapore that may raise as much as S$500 million, sources said.The company, which is backed by Temasek’s...
Commerzbank to begin talks with UniCredit as it woos investors with profit goals
Commerzbank will hold a first round of talks with UniCredit on Friday (Sep 27) as the Italian lender presses for a possible tie-up, the German bank’s designated CEO, Bettina...
Nissan to buy back 79.9 billion yen in shares in Renault realignment
NISSAN Motor will buy back 79.9 billion yen (S$711 million) worth of its shares from Renault, part of an agreement to rebalance its alliance with the French carmaker.The Japanese...
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...
