Real Estate
SingPost deliveries in whistle-blower report faced issues like conflict zones: fired CEO, CFO
A “SIGNIFICANT majority” of the shipments involved in Singapore Post’s (SingPost) parcelgate fiasco were linked to known issues like conflict zones.This was the comeback from the company’s former group...
Nvidia closes US$700 million Run:ai acquisition after regulatory hurdles
CHIPMAKER Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday (Dec 30), following antitrust scrutiny over the buyout.The European Commission granted unconditional approval...
Big Lots’ new rescue deal at risk following creditor opposition
A NEW proposal to prevent Big Lots from shutting all its stores is at risk following complaints from some creditors that stand to incur losses in the troubled retailer’s...
Wilmar International to acquire India’s Adani Group’s 31.06% stake in consumer goods joint venture for S$2 billion
WILMAR International announced on Monday (Dec 30) that it will acquire Indian multinational conglomerate Adani Group’s remaining stake in Adani Wilmar, a consumer goods joint venture between both groups,...
Wilmar International to acquire India’s Adani Group’s 31.06% stake in consumer goods joint venture
WILMAR International announced on Monday (Dec 30) that it will acquire Indian multinational conglomerate Adani Group’s remaining stake in Adani Wilmar, a consumer goods joint venture between both groups.Wilmar’s...
South Korea orders air safety probe after worst crash in country kills 179
SOUTH Korea’s acting President Choi Sang-mok ordered an emergency safety inspection on Monday (Dec 30) of the country’s entire airline operation system as investigators worked to identify victims and...
Asia: Stocks mostly down after Wall St losses
ASIA stocks mostly fell in thin holiday trade on Monday (Dec 30) after tech losses killed off the traditional year-end lift on Wall Street at the end of last...