Leadership
Sabana Reit trustee sets up internalisation committee with Quarz Capital staff among members
THE trustee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) has established an internalisation committee including several employees from activist investor Quarz Capital. This was among several moves...
Chrysler to recall about 286,000 US vehicles over airbag inflator issue
CHRYSLER is recalling nearly 286,000 vehicles in the United States over a manufacturing defect that might cause the side curtain airbag inflators to rupture, the National Highway Traffic Safety...
Cordlife new CEO to focus on introducing ‘stringent measures’ to enhance operational standards
BELEAGUERED cord-blood bank Cordlife is working with experts to introduce “stringent measures” to enhance its operational standards, including implementing a more advanced lab monitoring system and fortifying its fail-safe...
FedEx jumps on profit beat, improved margins in its Express unit
FEDEX shares surged in premarket trading on Friday (Mar 22) after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest...
Hong Kongers flocking to China spur CK Hutchison retail revamp
CK HUTCHISON Holdings’ retail businesses in Hong Kong faces pressure from residents flocking to mainland China to wine, dine and shop. “Inevitably, many residents heading north to shop in...
Singapore Airlines to suspend flights to Chengdu and Chongqing from Mar 31
SINGAPORE Airlines (SIA) will suspend flights to Chengdu and Chongqing from Mar 31, fewer than five months after flights to the two Chinese cities resumed. In response to queries,...
India’s biggest airline sees capacity growth slowing next year
INTERGLOBE Aviation, which operates India’s biggest airline IndiGo, forecast slower capacity growth in the fiscal year starting Apr 1. The budget carrier expects capacity to grow in the “early...
Clothing giant Shein in focus as France targets fast fashion
WITH jaw-droppingly low prices and a seemingly endless selection of trendy clothes, Shein has taken the world by storm – and found itself in the crosshairs of French lawmakers...
