Lifestyle
MicroStrategy is halfway through share sales to buy Bitcoin
JUST over a month after announcing plans to raise US$21 billion through stock sales to help fund additional purchases of Bitcoin, MicroStrategy is already almost halfway to its goal.The...
Gold edges higher as US rate-cut bets support bullion
GOLD prices edged higher on Tuesday (Dec 3), supported by growing expectations of a US interest rate cut this month, as focus shifted to upcoming economic data for additional...
DBS hires private bankers for rich Russians as rivals balk
DBS Group Holdings has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the business amid...
SpaceX discusses tender offer at roughly US$350 billion valuation
SPACEX is in discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around US$350 billion, according to sources familiar with...
Nike to shut down virtual sneaker label RTFKT under new CEO
NIKE is shutting down its digital sneaker division RTFKT as the world’s largest athletic-wear company realigns priorities under a new chief executive officer.“Today, we are announcing the plan to...
Sanofi announces biggest China investment deal amid China-EU trade tensions
China is seeking to strengthen economic ties with individual members of the European UnionSanofi plans to invest around US$1.05 billion to build a new insulin production base in Beijing,...
EQT and GIC to acquire majority stake in UK’s Calisen from consortium of investors
PRIVATE equity firm EQT and Singapore’s sovereign wealth fund GIC will acquire a majority stake in UK’s Calisen, more than four years after the smart metering company was taken...
Dasin Retail Trust seeks court order to restrain proceedings against it for 6 months
This will prevent any resolution for the winding-up of the company to pass, along with the commencement or continuation of any proceedings against the trustTHE trustee-manager of Dasin Retail...
