Lifestyle
Seven & i will split into two to fend off Couche-Tard takeover
SEVEN & i Holdings is embarking on its biggest-ever overhaul, betting that a bold breakup will help fend off an unsolicited takeover proposal from a smaller rival and make...
McDonald’s CEO says company is preparing for ‘challenging’ 2025
MCDONALD’S expects that the wallets of their lower-income customers will remain stretched into next year, chief executive officer Chris Kempczinski said on Thursday (Oct 10).“We are starting to talk...
Citi, Mastercard team up on cross-border debit-card payments
MASTERCARD and Citigroup are collaborating to facilitate around-the-clock, cross-border payments with debit cards, giving consumers and companies another way to conduct business worldwide.
Citigroup is the first global bank...
Autonomous driving profit margins will take years to grow, Uber CEO says
UBER Technologies has been prioritising safety over profits, as the company develops its autonomous driving fleet.“The most important factor is, ‘Can we make this technology safe? Can we build...
Straits Trading Company, SDAX to leverage cross offerings in new partnership
The tie-up offers Straits Trading Shareholders’ Club members and SDAX clients access to exclusive investment opportunities THE Straits Trading Company (STC) has partnered Singapore’s Digital Asset Exchange (SDAX) to offer...
Japanese stocks see biggest weekly foreign inflows in six months
Exchange data showed that foreigners pumped about 395.55 billion yen into Japanese cash equitiesForeign investors increased their purchases of Japanese stocks in the week ended Oct 5, as the...
Seven & i restructuring, profit outlook are in focus at earnings
SEVEN & i Holdings is set to report quarterly earnings at a critical time, with much of the focus on what it will say about restructuring and its profit...
China sets terms for merger to create US$226 billion brokerage
GUOTAI Junan Securities and Haitong Securities unveiled the terms of their proposed merger to create a state-backed brokerage with US$226 billion in assets to compete with Wall Street firms...
