Leadership
Hugo Boss and David Beckham partner up for design collection
Hugo Boss has struck up a multi-year design partnership with Former Manchester United midfielder David Beckham, the German fashion house said on Thursday (May 16), as it seeks to...
NetLink NBN Trust posts 1.1% increase in H2 DPU to S$0.0265
THE trustee-manager of fibre network infrastructure provider NetLink NBN Trust : CJLU 0% on Thursday (May 16) announced a distribution per unit (DPU) of S$0.0265 for the second half...
AIG to sell 20% stake in insurer Corebridge to Nippon Life
Nippon Life Insurance has agreed to acquire a 20 per cent stake in Corebridge Financial for about US$3.8 billion in cash, marking its biggest-ever deal as it seeks a...
Chinese retailer JD.com reports Q1 revenue above estimates
Chinese online retailer JD.com on Thursday (May 16) reported first-quarter revenue that beat market estimates, as deep price cuts helped boost sales that had been hit hard by cautious...
STI up 0.5% on optimism around lower Fed rates
SINGAPORE’S Straits Times Index (STI) rebounded on Thursday (May 16) in tandem with most regional gauges and Wall Street’s overnight rise. The rally was fuelled by a higher possibility...
Norway wealth fund blacklists Adani Ports citing ties to war
Norway’s US$1.7 trillion sovereign wealth fund has decided to exclude Adani Ports & Special Economic Zone from its portfolio, citing “unacceptable” risks that the company is tied to human...
Japan’s Honda raises electrification investment to US$65 billion through FY2030
JAPAN’S Honda Motor pledged to double its electrification and software investment to about US$65 billion over the 10 years running through the 2030 business year, it said on Thursday...
Siemens misses profit forecast as industrial business struggles
SIEMENS reported a drop in second-quarter earnings at its industrial business, the German engineering group said on Thursday (May 16), after a slowdown at its flagship factory automation division.The...
