Leadership
LVMH-backed L Catterton approaches Mattel with acquisition offer: sources
L CATTERTON, the private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar...
Wiz calls off US$23 billion deal with Google, memo says
ISRAELI cybersecurity startup Wiz has ended talks with Google-parent Alphabet on a reported US$23 billion deal in which it would have become the US tech giant’s largest-ever acquisition, according...
Stocks to watch: Seatrium
THE following company saw new developments that may affect trading of its securities on Tuesday (Jul 23): Seatrium: The offshore and marine specialist has secured S$180 million worth of...
China F&B brands view Singapore as first stop before expanding to Asean
SINGAPORE consumers are seeing a new wave of Chinese food and beverage (F&B) brands entering the local market as the Republic gains popularity as a point of entry to...
US: Wall St opens higher as investors assess US election after Biden exit
Wall Street’s main indexes opened higher on Monday (Jul 22) as investors weighed the odds of a second term for Republican nominee Donald Trump in the November election after...
Boeing secures 40-plane order from Korean Air
The airplane manufacturer also has an order from US group National Airlines for four wide-body cargo planesKOREAN Air lodged a firm order on Monday (Jul 22) for 40 Boeing...
Tesla to have humanoid robots for internal use next year, Musk says
TESLA will have humanoid robots in low production for the company’s internal use next year, CEO Elon Musk said on Monday (Jul 22), months after he announced that the...
Nvidia preparing version of new flagship AI chip for Chinese market: sources
NVIDIA is working on a version of its new flagship AI chips for the China market that would be compatible with current US export controls, four sources familiar with...
