Leadership
No Signboard controlling shareholders offload all shares for S$500,000; executive chairman resigns
NO SIGNBOARD’S controlling shareholder and executive chairman, who collectively hold 55 per cent of the company’s shares, have agreed to sell all their shares to three investors for S$500,000....
Hindenburg shorts data centre firm Equinix alleging inflated profit metric
HINDENBURG Research on Wednesday (Mar 20) disclosed a short position in data centre firm Equinix that operates as a real estate investment trust (Reit), alleging exaggerated profitability metric amid...
US: Muted start for Wall Street as attention turns to Fed
WALL Street was range bound at open on Wednesday (Mar 20) as investors awaited the conclusion of the Federal Reserve’s meeting, where it is widely expected to keep interest...
Southwest Airlines reaches tentative agreement with flight attendants’ union
SOUTHWEST Airlines said on Wednesday (Mar 20) it reached a tentative agreement with its flight attendants’ union for a new contract covering nearly 20,000 cabin crew members. The airline’s...
From Runways to Philanthropy: The Remarkable Rise of Beauty Mogul Amy Keed
In the bustling world of beauty, one name stands out as both a rising entrepreneur and a beacon of philanthropy: Amy Keed. With a multifaceted career spanning from fashion modeling...
Low-cost e-commerce giant PDD Holdings beats quarterly revenue estimates
LOW-cost e-commerce giant PDD Holdings beat Wall Street estimates for fourth-quarter revenue on Wednesday (Mar 20), driven by robust user growth and sales on its global platform Temu. US-listed...
Biotech firm Valneva guides for nearly double product sales by 2026
FRANCE’S Valneva on Wednesday (Mar 20) said it expects to nearly double its annual product sales by 2026, and edged up its 2024 product sales guidance as it banks...
Ferrari sued for failing to fix ‘dangerous’ brake defect
FERRARI was accused in a US lawsuit of failing to fix a “dangerous safety defect” with the brakes in some of its luxury sports cars despite issuing multiple recalls....