Food Empire, AirAsia partner to launch ready-to-drink beverages

Food Empire, AirAsia partner to launch ready-to-drink beverages

It will kick-off with a Vietnamese iced coffee product that will be sold on flights of the airline [SINGAPORE] Food Empire will collaborate with low-cost airline AirAsia to co-develop and launch a new range of ready-to-drink beverages. The collaboration was formalised with a memorandum of understanding signed between Food Empire’s subsidiary Empire International and AirAsia…

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Bain seeks next airline after tripling money on Virgin Australia

Bain seeks next airline after tripling money on Virgin Australia

[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 stake in Virgin Australia, the country’s second-largest airline, in a A$685 million (S$572 million) initial public offering (IPO) last month. That swelled Bain’s return to…

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Shocked Astronomer CEO’s expletive-filled reaction to Coldplay ‘kiss cam’ fiasco revealed

Shocked Astronomer CEO’s expletive-filled reaction to Coldplay ‘kiss cam’ fiasco revealed

Astronomer CEO Andy Byron didn’t appear happy after he was caught with his company’s HR chief, Kristin Cabot, at Coldplay’s Wednesday night concert. Byron seemingly let out an expletive-laced reaction after he realized he and Cabot were shown cuddling on the Boston venue’s jumbotron. “F–king hell, it’s me,” he appeared to say, according to a…

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Lululemon’s best-selling black leggings pile up at outlet stores

Lululemon’s best-selling black leggings pile up at outlet stores

[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 a rough patch. Lululemon’s core black leggings, which are vital products that rarely are discounted, are piling up at outlet stores, according to Randal Konik, an…

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US: S&P 500, Nasdaq end at record highs after solid retail data

US: S&P 500, Nasdaq end at record highs after solid retail data

[NEW YORK] Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings rather than lingering worries about US President Donald Trump’s tariffs. The broad-based S&P 500 rose 0.5 per cent to 6,297.36, while the tech-rich Nasdaq Composite Index gained 0.8 per…

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Europe: Shares see first daily gain in five on strong earnings

Europe: Shares see first daily gain in five on strong earnings

[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 index closed 1 per cent higher. Most major regional bourses also gained, with Germany benchmark DAX gaining 1.5 per cent, while France’s CAC 40 added…

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