Fashion
Ikea buys US logistics tech firm Locus in online growth push
[ad_1] [LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish furniture retailer said would make its deliveries to...
Dell raises growth targets for next four years on strong AI server demand
[ad_1] The company continues to expect revenue growth of 2 to 3 per cent for its client solutions group, which includes personal computers[BENGALURU] Dell on Tuesday (Oct 7) nearly doubled...
Europe: Luxury rebound in France cushions European stock losses amid turmoil
[ad_1] [BENGALURU] European stocks slipped on Tuesday (Oct 7), dragged down by healthcare and bank shares, while a luxury-led rebound in France kept regional losses in check after Monday’s political...
US: Wall Street opens higher as Fed cues awaited
[ad_1] WALL Street’s main indexes opened higher on Tuesday (Oct 7), a day after the S&P 500 and the Nasdaq hit record closing highs, with focus now shifting to a...
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
[ad_1] INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street Journal reported on Tuesday (Oct 7), citing people...
Stablecoins could suck US$1 trillion from emerging-market banks in next three years: Standard Chartered
[ad_1] [LONDON] The boom in US dollar-backed stablecoins, helped by President Donald Trump’s crypto policies, could suck US$1 trillion worth of deposits out of emerging economy banks in the next...
Airbus A320 ousts Boeing 737 as most-delivered jet in history
[ad_1] [PRAGUE] Europe’s Airbus broke a major commercial barrier on Tuesday (Oct 7) when its A320 family of planes overtook the Boeing 737 to become the most-delivered jetliner in history.Boeing’s...
CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
[ad_1] [SINGAPORE] CGS International has upgraded its recommendation on Grab to “add”, from “hold” previously, and raised its target price by 29.6 per cent to US$7 from US$5.40 as the...
HP bets on AI personal computers to drive revenue, eyes Asia for growth
[ad_1] At least one in four PCs sold by the US computer maker is AI-enabled and that could grow as customers upgrade[SINGAPORE] The lockdowns stemming from the Covid-19 pandemic drove...
Thailand unveils 44-billion baht stimulus, targets growth above 2.2%
[ad_1] [BANGKOK] The Thai government will spend US$1.4 billion on a consumer subsidy programme and will roll out other stimulus measures to try to spark a sluggish economy and lift...
