Group
Prada, Miu Miu sales jump as Italian fashion group draws fans
PRADA sales jumped as the Italian group saw strong demand for some of its hippest products, like brushed leather loafers and Miu Miu pumps. Net revenue rose 17 per...
Julius Baer names new group head of South-east Asia
JULIUS Baer has appointed Malcolm Tay as group head of South-east Asia, a newly created role based in Singapore, it said on Monday (Mar 4). He joins the bank...
US UnitedHealth confirms ‘Blackcat’ group behind recent cyber attack
UNITEDHEALTH Group said on Thursday (Feb 29) that the recent cyberattack at its tech unit, Change Healthcare, was perpetrated by hackers who identified themselves as the ‘Blackcat’ ransomware group....
Billionaire Gautam Adani’s Group reports its cash pile has risen
INDIA’S Adani Group said cash balances have improved and it sees no refinancing risks in the near term as the conglomerate took more steps to shore up its finances...
Universal Music Group targets 250 million euros in savings by 2026, flags job cuts
UNIVERSAL Music Group (UMG) will cut jobs and streamline operations to save 250 million euros (S$365 million) by 2026, the company said on Wednesday (Feb 28), a month after...
BASF plans more German cuts even as group profit set to rebound
GERMANY’S BASF will slash another one billion euros (S$1.5 billion) in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting...
Tennessee free-market group sues over federal rule that tightens worker classification standards
NASHVILLE, Tenn. -- A Tennessee free-market nonprofit group on Wednesday joined the ranks of organizations challenging a new Biden administration labor rule that changes the criteria for classifying workers...
Cordlife names ex-TransGlobal executive director Yiu Pang Fai as new group CEO
PRIVATE cord-blood bank Cordlife Group on Monday (Feb 19) announced that it has appointed Yiu Pang Fai as its next group chief executive officer with immediate effect. He succeeds...