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Loss-making Burberry puts focus back on outerwear in turnaround plan
BURBERRY will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and use its British heritage appeal to...
China’s economic rescue plan leaves commodities stuck on pause
GLOBAL commodities markets are stuck in a holding pattern after China’s latest effort to revive its economy focused on the much-needed restructuring of local government debt, but stopped short...
Booking.com could cut jobs as part of reorganisation plan
ONLINE travel agency Booking.com could cut jobs as part of a review of its organisational structure, it said on Saturday (Nov 9).The company, a unit of Booking Holdings, said...
Taiwan’s TSMC says US investment plan is unchanged after election
CHIPMAKER Taiwan Semiconductor Manufacturing Company’s (TSMC) investment plan in the United States remains unchanged, the company said, responding to a question on the election of Republican Donald Trump as...
Hot stock: DBS crosses S$40 for first time to hit new record on strong results, S$3 billion share buyback plan
Shares of South-east Asia’s biggest bank cross the S$40 per-share mark at a record highSHARES of DBS rose to a historic level after it announced the establishment of a...
Hot stock: DBS crosses S$40 for first time to hit new high on strong results, S$3 billion share buyback plan
Shares of South-east Asia’s biggest bank cross the S$40 per-share mark at a record highSHARES of DBS rose to a historic level after it announced the establishment of a...
Indonesia weighs switching Garuda CEO as part of turnaround plan
INDONESIA is considering switching the chief executive officer at the Garuda Indonesia airline, part of the new government’s push to advance the carrier’s profitability and support its expansion, according...
Chevron flags possible job cuts in US$3 billion cost plan
CHEVRON indicated potential US job cuts as part of a new cost-cutting plan.The US$3 billion in targeted “structural” cost savings will come from asset sales, the use of new...