Entrepreneurship
China adds Calvin Klein owner and Illumina to blacklist
CHINA placed Calvin Klein owner PVH and US gene sequencing company Illumina to a so-called blacklist of entities, among a series of retaliatory actions after new tariffs ordered by...
Stocks to watch: CICT, Keppel, FLCT, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 5). CapitaLand Integrated Commercial Trust: Its manager on Wednesday posted a distribution per...
CapitaLand Integrated Commercial Trust’s H2 DPU remains at S$0.0545
THE manager of CapitaLand Integrated Commercial Trust (CICT) posted a distribution per unit (DPU) of S$0.0545 for the second half ended December, unchanged from the previous corresponding period. This...
Google shares slide on spending plans despite sales jump
TECH giant Alphabet, Google’s parent company, reported robust fourth-quarter results on Tuesday, with revenues jumping 12 per cent to US$96.5 billion, but analysts saw reason for concern in costs...
Apple debuts Invites app, AppleCare+ changes in subscription push
APPLE rolled out a new app for creating event invitations and made changes to its AppleCare+ customer support for iPhones, part of a broader push to generate more subscription...
Barbie parent Mattel forecasts annual profit above estimates after steady holiday demand
TOYMAKER Mattel on Tuesday forecast full-year profit above Wall Street expectations after beating holiday quarter estimates, owing to stable demand for its action figures and Hot Wheels vehicles, sending its...
Amazon to face legal action after laying off 1,900 in Quebec
The union also launched a campaign calling on consumers to boycott the multinational by not shopping on its online platform and cancelling Amazon Prime subscriptionsAMAZON.COM’S decision to close all...
KKR raises offer for Fuji Soft in US$4.3 billion tussle with Bain
KKR & Co raised its offer price for Fuji Soft to fend off a rival bid from Bain Capital, the latest chapter in a months-long battle for the Japanese...
FTI Consulting now in acting management of scandal-hit Indonesian unicorn eFishery
The move ‘aims to facilitate a thorough and objective business review to determine the best path forward for the group’, says eFishery’s board INDONESIAN aquaculture startup eFishery on Tuesday...
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel destinations such as Korea and China, while also expanding...
