Real Estate
Rio Tinto and Glencore discussed merger but talks no longer active: source
GLENCORE approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a source familiar with the matter said.The talks...
Rio Tinto, Glencore discuss potential merger to create US$158 billion mining giant
RIO Tinto Group and Glencore have been discussing combining their businesses, which if successful would rank as the largest-ever mining deal and create a behemoth to rival longstanding leader...
Citigroup cuts more jobs in push to meet CEO Jane Fraser’s expense goals
CITIGROUP eliminated more jobs this week, just as executives were announcing new share buybacks and doubling down on chief executive officer Jane Fraser’s commitment to expense reductions.Managing directors in...
Chanel, Prada added to Walmart inventories as part of Rebag partnership
WALMART is partnering with luxury reseller Rebag to sell pre-owned handbags, jewellery and accessories online as the retailer looks to attract wealthy shoppers and fashion enthusiasts.The goods from brands...
Mapletree Logistics Trust to sell Tuas property for S$11.18 million, 39.8% above valuation
The property comprises a three-storey cargo lift warehouse and factory building with an ancillary officeMapletree Logistics Trust’s (MLT) trustee HSBC Institutional Trust Services has entered into a purchase agreement...
CDL divests over S$600 million of assets in 2024, including Suzhou project
City Developments Ltd (CDL) achieved total divestments of more than S$600 million in 2024 as part of its capital recycling initiative, announced the real estate company in a bourse filing...
Bezos’ Blue Origin reaches orbit in first New Glenn launch, misses booster landing
BLUE Origin’s giant New Glenn rocket blasted off from Florida early on Thursday (Jan 16) morning on its first mission to space, an inaugural step into Earth’s orbit for...
Singapore Airlines extends title sponsorship for F1 for 4 more years till 2028
The extension of its sponsorship will cover the event this year, which is scheduled for Oct 3 to 5 at the Marina Bay Street CircuitSingapore Airlines (SIA) has renewed...
