News
Visa, Mastercard to cut fees, let retailers reject certain cards
[ad_1] VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use certain credit cards, including the...
Buffett ‘going quiet’ but backs CEO-designate Abel, plans to keep Berkshire shares
[ad_1] WARREN Buffett on Monday assured Berkshire Hathaway shareholders they should stick around as he prepares to depart as chief executive, giving a full-throated endorsement to his successor Greg Abel...
Europe: Shares gain on hope of end to US government shutdown; Diageo shines
[ad_1] EUROPEAN shares rose on Monday, echoing a buoyant mood across global markets as investors cheered initial signs that the historic US government shutdown could soon come to an end, while...
Grindr chairman steps down amid his bid to take the company private
[ad_1] The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped down from his position. James Lu,...
US: Wall Street advances on hopes of government reopening
[ad_1] WALL Street’s main indexes opened higher on Monday (Nov 10), with risk sentiment aided by signs of progress in Washington to end a record US government shutdown that has...
Apollo to become majority shareholder in Atletico Madrid
[ad_1] [MADRID] US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday...
Riverstone Q3 earnings fall 28% to RM52 million
[ad_1] Revenue declines 17.1% due to lower prices for gloves amid more intense competition[SINGAPORE] Glovemaker Riverstone Holdings reported a drop of 28 per cent in net profit to RM52 million...
Jardine C&C posts improvements in non-Astra businesses for 9M 2025
[ad_1] It expects its full-year underlying profit to be ‘broadly similar’ to that of 2024 [SINGAPORE] Mainboard-listed Jardine Cycle & Carriage (Jardine C&C) expects its 2025 underlying profit to be...
Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role
[ad_1] [BENGALURU] Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an outsider to steer the...
DBS, Franklin Templeton launch Singapore’s first tokenised retail fund
[ad_1] The fund is available to DBS wealth clients and accredited investors, with retail access expected in Q1 2026[SINGAPORE] Investment manager Franklin Templeton on Monday (Nov 10) announced it is...
Hong Kong extends digital bond ambitions with 3rd offering
[ad_1] City looking to sell digital green bonds denominated in US dollars, Hong Kong dollars, euros and offshore yuanHONG Kong is marketing a new set of “digitally native” bonds denominated...
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
[ad_1] The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins[BEIJING/SHANGHAI] China’s Internet platforms are quietly reviving consumer lending, taking Beijing’s...