Fashion
Southern California’s unlikely AI mecca is this very industrial city
Five miles south of downtown Los Angeles, a single industrial block in Vernon is drawing as much electricity as a small town.Inside a three-story, 242,000-square-foot building known as LAX01,...
Wall Street opens flat ahead of Christmas break
[NEW YORK] Wall Street indexes opened nearly flat in shortened Christmas Eve trading on Wednesday (Dec 24), as traders wait to see whether stocks can extend record gains in...
Toys are talking back thanks to AI, but are they safe around kids?
Stuffed animals that talk back. Chessboards with pieces that move on their own. And a chatty holographic fairy in a crystal ball.Your next toy purchase might be powered by...
Haier sells 49% stake in Indian unit to Bharti, Warburg Pincus
[MUMBAI] Chinese home appliance maker Haier Smart Home agreed to sell a 49 per cent stake in its India unit to Bharti Enterprises and Warburg Pincus. Haier will retain...
LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’[SEOUL] South Korea’s LG Energy Solution (LGES) said on Wednesday (Dec 24) that its unit is...
Stocks to watch: Manulife US Reit, Nam Cheong
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 24): Manulife US Real Estate Investment Trust (Manulife US Reit): The Reit...
ServiceNow agrees to buy cyber startup Armis for US$7.75 billion
The deal aims to deliver a strategic cybersecurity shield for real-time, end-to-end protection for all technology estates[NEW YORK] ServiceNow has reached a deal to buy the cybersecurity startup Armis...
Wall Street opens lower as yields rise after GDP data
[NEW YORK] US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight technology stocks.At 09.30 am ET, the Dow...
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation [SINGAPORE] Mitsui OSK Lines (MOL) has signed a project finance...
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit[SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare...
