Lifestyle
HK tycoon Cheng’s family office appoints son to co-CEO role
THE private investment vehicle of Hong Kong billionaire Henry Cheng’s family has appointed one of his sons as co-chief executive officer, the latest development in the family’s closely-watched succession...
HK tycoon Cheng’s family office appoints son to co-CEO role
THE private investment vehicle of Hong Kong billionaire Henry Cheng’s family has appointed one of his sons as co-chief executive officer, the latest development in the family’s closely-watched succession...
Sats’ subsidiary proposes to acquire cargo handler in Amsterdam airport
WORLDWIDE Flight Services Holland (WFS), an air cargo handler at Netherlands’ main international airport, is proposing to acquire Menzies World Cargo (Amsterdam), which is the general cargo handler at...
Thailand’s SCG Packaging buys US$652 million stake in Indonesia’s Fajar Surya
THAILAND-BASED SCG Packaging has acquired an additional stake worth US$652.4 million in Indonesian packaging paper-maker Fajar Surya, increasing its ownership in the company to 99.7 per cent in a...
Alibaba wins Beijing’s approval in end to years-long scrutiny
Alibaba Group Holding has secured the endorsement of China’s antitrust watchdog more than three years after a landmark probe into its online behaviour, suggesting Beijing is keen to signal...
Lululemon’s US$98 yoga pants face baggier fashions, more rivals
LULULEMON Athletica lowered its sales and profit outlook for the year as increased competition and relentless inflation curb demand for its pricey yoga pants.The company now sees sales of...
GIC acquires another logistics facility in Japan
Completed in 2022 and fully occupied, it spans an area of more than 126,000 square metresGIC has bought another logistics facility developed by Japanese real estate developer Daiwa House...
