Owner
L’Occitane owner plans second try to take company private, sources say
THE chairman and controlling shareholder of skincare company L’Occitane International is planning again to take the company private, just a few months after he shelved a buyout attempt, two...
Singapore owner, manager of Dali file petition to cap compensation at US$43.6 million in Baltimore bridge case
THE Singapore-based owner and manager of the containership Dali have filed a petition in the US, seeking to exonerate themselves or limit the damages that could arise from the...
Baltimore bridge collapse: Dali’s Singapore owner, manager file petition to cap compensation at US$43.6 million
THE Singapore-based owner and manager of the containership Dali have filed a petition in the US, seeking to exonerate themselves or limit the damages that could arise from the...
Zara owner Inditex slashes China stores in digital focus
ZARA-OWNER Inditex more than doubled its pre-tax profits in China last year even as the fashion retailer scaled back its physical presence, closing a fifth of its stores in...
British Airways owner says 2023 profit soars six-fold
BRITISH Airways parent IAG announced on Thursday (Feb 29) that net profit surged six-fold last year, boosted by “strong” demand particularly from leisure travellers as the bounceback from Covid...