Lifestyle
Nestle replaces CEO Schneider with company veteran Freixe
NESTLE chief executive Mark Schneider is leaving the Swiss food group after eight years in charge and will be replaced by Latin America boss Laurent Freixe, the company said...
Europe: Stocks rise on rate cut hopes, healthcare sector hits record high
EUROPE’S main stock index climbed on Thursday, with healthcare and retail stocks leading the charge, while investors cheered growing prospects of interest rate cuts by major central banks and sifted through...
China’s real estate woes weigh down S-Reits, but retail sector could be bright spot
Rental reversions in the segment are starting to turn positive amid a recovery in consumer spendingSINGAPORE-LISTED real estate investment trusts (S-Reits) with exposure to China will continue to see...
US: Wall St opens higher as prospects of September rate cut grow
Wall Street’s main indexes opened higher on Thursday (Aug 22), as investors were more hopeful the Federal Reserve would kick off its interest rate cut cycle next month, while...
Pound at new 13-month high, wage data nudges euro
BUSINESS activity data helped lift the pound to a new 13-month high against the US dollar on Thursday (Aug 22) and kept the euro just shy of a similar...
CapitaLand India Trust prices S$150 million notes at 3.7%
CAPITALAND India Trust’s (Clint) trustee-manager announced on Thursday (Aug 22) that it has priced S$150 million notes at 3.7 per cent per annum. The interest on the notes, which...
Chanel buys minority stake in cutting-edge Swiss watchmaker MB&F
Chanel is buying a minority stake in Swiss watch brand MB&F in a deal that will give the independent watchmaker financial security while boosting the French fashion brand’s standing...
Baidu reports flat Q2 revenue as China’s economic slowdown hits ad spending
SeaRCH engine giant Baidu reported flat quarterly revenue on Thursday, as a sluggish economy weighed on advertiser spending.
Revenue in the second quarter was 33.93 billion yuan (S$6.2 billion), compared...
