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Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings
US discount home goods retailer Big Lots said on Monday (Sep 9) it has secured US$707.5 million to support its operations and sell its business to private equity firm...
Paramount Global begins planned layoffs with 15% job cuts in US
PARAMOUNT Global will begin laying off 15 per cent of its workforce in the United States starting Tuesday (Aug 13) as part of its planned job cuts, the media...
Meta begins blue-chip bond sale as market volatility eases
META Platforms is selling investment-grade bonds, which will boost its cash pile as the company spends heavily on artificial intelligence.
The Facebook and Instagram parent company on Wednesday (Aug...
Samsung begins closing gap in making AI memory chips for Nvidia
SAMSUNG Electronics, after a series of setbacks in developing the type of memory chips crucial for the artificial intelligence (AI) market, is beginning to make progress in narrowing the...
Japan’s Mitsui Begins Construction of Clean Ammonia Plant in UAE
The world's energy transition journey is set to receive a boost with Japan-based Mitsui beginning the construction of a clean ammonia production plant in the UAE.In a press statement,...
CDK Global begins to restore systems after cyber hack hits thousands of retailers
RETAIL technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said on Sunday (Jun 23),...
UBS begins major share buyback programme
UBS has begun a share buyback programme announced earlier this year, and repurchased 44.8 million Swiss francs (S$67.9 million) worth of shares last week, the Swiss bank said on...
China begins plans to sell 1 trillion yuan of long-dated bonds: FT
CHINESE authorities have kicked off plans to sell 1 trillion yuan (S$187.4 billion) of long-dated bonds as Beijing ramps up spending to stimulate the economy, the Financial Times reported...
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