Leadership
CapitaLand secures European Central Bank as new anchor tenant
CAPITALAND Integrated Commercial Trust (CICT) and CapitaLand Investment (CLI) have secured the European Central Bank (ECB) as an anchor tenant for their jointly owned office building in Frankfurt. CLI...
Honda, Nissan considering cutting China capacity, Nikkei reports
NISSAN Motor is considering a 30 per cent reduction in production capacity in China, while Honda Motor intends to cut 20 per cent, the Nikkei reported. The Japanese carmakers...
Lego wins market share overcoming rival’s Barbie movie launch
LEGO beat its biggest toymaker competitors last year, capturing market share even as its largest rival, Mattel, was buoyed by the Barbie movie. The Danish maker of the colourful...
Major Hong Kong grocery chain U Select shuts stores as China lures shoppers
HONG Kong’s third-largest supermarket chain U Select, run by state-owned conglomerate China Resources Holdings, has almost halved its network in less than a year as the city’s retailers struggle...
China’s champion gymnast Li Ning mulls taking company private: sources
ChINESE billionaire entrepreneur and Olympic champion Li Ning is considering taking his namesake sportswear company private from the Hong Kong stock exchange, four people said, adding to a string...
Tesla, rivals get low marks for automated-driving technology
TESLA’S Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received “poor” ratings from the United States Insurance Institute for Highway Safety (IIHS)...
Bitcoin hovers near all-time peak as crypto draws record inflows
BITCOIN is sustaining a record-breaking run, lifted by the unprecedented amounts of capital flowing into crypto products as well as a looming reduction in the digital token’s supply growth....
Volvo invests in, taps Breathe Battery tech for 30% faster EV charging
VOLVO Cars has invested in UK startup Breathe Battery Technologies and will use its battery software to cut charging time for its next generation of electric vehicles (EVs) by...
