News
Bain seeks next airline after tripling money on Virgin Australia
[ad_1] [SYDNEY] Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings.The US buyout firm sold a 30 per cent...
Lululemon’s best-selling black leggings pile up at outlet stores
[ad_1] [NEW YORK] Lululemon Athletica is facing slowing sales, fewer store visitors and waning demand for its iconic black leggings as the yogawear retailer tries to pull itself out of...
Europe: Shares see first daily gain in five on strong earnings
[ad_1] [BENGALURU] European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported positive earnings news.The pan-European Stoxx 600...
Amazon’s AWS cloud computing unit cuts jobs
[ad_1] Published Thu, Jul 17, 2025 · 11:57 PM[SAN FRANCISCO] Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a...
China’s WeRide secures LTA approval to run driverless bus without safety officer in Sentosa
[ad_1] [SINGAPORE] China-based WeRide has secured approval from Singapore’s Land Transport Authority (LTA) to operate a driverless bus in Sentosa without an on-board safety officer.This will be the first autonomous...
US: Wall St opens marginally higher as markets weigh data
[ad_1] Published Thu, Jul 17, 2025 · 09:53 PM[NEW YORK] Wall Street opened largely steady on Thursday (Jul 17), as investors mulled over fresh economic data, while upbeat results from...
India’s private market boom set to continue, as investors keep shunning China
[ad_1] [SINGAPORE] A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest...
Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani
[ad_1] [SINGAPORE] Agri-specialist Wilmar International has agreed to acquire up to 20 per cent of the shares held by India’s Adani Commodities in the two companies’ joint venture (JV), for...
OCBC to develop quantum applications with NUS, NTU and SMU
[ad_1] [SINGAPORE] OCBC will embark on research collaborations with three local universities to develop applications of quantum technology in derivative pricing, fraud detection and data security. The bank announced this...
TSMC profit surges again after AI drives big jump in sales
[ad_1] The company’s performance underscores resilient demand for high-end artificial intelligence chips from the likes of Nvidia and Advanced Micro Devices, which is outpacing its production capacityPublished Thu, Jul 17,...
