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Walmart in talks to buy Vizio for more than US billion, WSJ reports
Walmart in talks to buy Vizio for more than US$2 billion, WSJ reports
WALMART is in talks to buy smart-television manufacturer Vizio for more than US$2 billion, The Wall Street Journal (WSJ) reported on Tuesday (Feb 13), a move that could bolster...
Waitrose cuts prices after losing out to rival supermarkets
Waitrose cuts prices after losing out to rival supermarkets
WAITROSE has announced £30 million (S$51 million) worth of price cuts as the upmarket British grocer tries to win back shoppers it lost during the cost-of-living crisis. The supermarket...
Ueda mulls rate hike in rare case of BOJ facing scant opposition
Ueda mulls rate hike in rare case of BOJ facing scant opposition
GOVERNOR Kazuo Ueda is in a rare sweet spot for Japanese monetary officials as he weighs a historic policy move with virtually no political opposition, in sharp contrast to...
Coca-Cola is among suitors for healthy soda brand Poppi
Coca-Cola is among suitors for healthy soda brand Poppi
COCA-COLA is pursuing an acquisition of healthy soda brand Poppi, according to sources with knowledge of the matter. The Atlanta-based beverage giant is among suitors for the company, said...
Robinhood posts surprise profit on interest income boost, trading rebound
Robinhood posts surprise profit on interest income boost, trading rebound
ROBINHOOD Markets posted a surprise profit in the fourth quarter on Tuesday (Feb 13), driven by higher interest income from customers paying back loans and a rebound in trading,...
Blackstone drops out of bidding for German football media rights deal
Blackstone drops out of bidding for German football media rights deal
BLACKSTONE has dropped out of the bidding for a controversial football media rights deal in Germany, according to sources familiar with the matter, following a backlash from fans critical...
Oil up on geopolitical tension, gains capped by fading Federal Reserve rate-cut hopes
Oil up on geopolitical tension, gains capped by fading Federal Reserve rate-cut hopes
OIL prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and eastern Europe, but gains were curtailed as investors reined in expectations for the US Federal...
Interest costs weigh on S-Reit distributions, but not all is doom and gloom for long-term investors
Interest costs weigh on S-Reit distributions, but not all is doom and gloom for long-term investors
THE latest results from Singapore-listed real estate investment trusts (S-Reits) for the financial period ended December do not appear to give investors too much to cheer about.Of the 22...
Standard Chartered weighs breaking up corporate, investment bank
Standard Chartered weighs breaking up corporate, investment bank
STANDARD Chartered is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders, as part of the latest effort by chief executive officer...
The Body Shop tips into insolvency, risking 2,000 UK jobs
The Body Shop tips into insolvency, risking 2,000 UK jobs
THE Body Shop’s UK business has fallen into administration, putting more than 2,000 jobs and 200 stores at risk in a further blow to Britain’s shopping districts. The retailer,...