Fashion
Porsche’s new CEO is a luxury leader big on hybrids
The 911 maker is preparing to launch an electric version of the Cayenne in the coming months[BERLIN] Porsche named Michael Leiters its next chief executive officer, tapping a German...
China rare-earth product exports shrink as US frictions flare
[SINGAPORE] China’s exports of rare earth products fell in September from a month earlier, as Beijing’s tighter controls on strategic minerals ripple through global supply chains and heighten tensions...
Malaysia says multilateral power deal delayed by Thai politics, renewal expected next month
[KUALA LUMPUR] Thailand has delayed renewing a South-east Asian multilateral power trade deal due to local political changes, Malaysia’s energy minister said on Friday (Oct 17).The Lao PDR-Thailand-Malaysia-Singapore (LTMS)...
Meta, Blue Owl seal US$30 billion private capital deal for AI
Structured investments are becoming more in demand as insurers and other types of investors search for debt tied to assets[NEW YORK] Mark Zuckerberg’s Meta Platforms is set to seal...
Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns
The company has not publicly acknowledged that the accidents involved its electric vehicles[BEIJING] Shares of Chinese electric vehicle (EV) maker Xiaomi suffered their biggest weekly loss in more than...
Nvidia unveils first Blackwell chip wafer made with TSMC in US
Companies have been racing to meet the broader AI industry’s voracious appetite for computing power as they develop AI technology that meets or exceeds human intelligence[MEXICO CITY] Nvidia unveiled...
Trafigura acquires warehousing firm Grafton’s Singapore business
The deal marks the metal trader’s return to the London Metal Exchange warehousing industry[SINGAPORE] Trafigura Group has acquired a metals warehousing firm with sizable operations in Singapore, as a...
Parkway Life Reit appoints Robin Hu as board chairman, Eng-Kwok Seat Moey as independent director
[SINGAPORE] The manager of Parkway Life Real Estate Investment Trust (Reit) has appointed a new chairman and an independent director to its board, it said on Friday (Oct 17)....
From outdated to unstoppable: The rise of mainland brands in Hong Kong
Unlike flashy newcomers such as Laopu Gold, brands from the city have appeared traditional and rigid, with dated reputes in recent yearsLAST month, Chinese mobile phone brand Honor opened...
‘Good riddance’: Fed clash over scrapping climate risk guidance
RUMBLING discontent over the US Federal Reserve’s guidance on climate change policies spilled into the open on Thursday, when the central bank became the latest regulatory agency to scrap...
Giorgio Armani names veteran Giuseppe Marsocci new CEO as fashion house weighs potential sale
[MILAN] Giorgio Armani appointed company veteran Giuseppe Marsocci as chief executive officer as the Italian fashion house considers a potential sale following the death of its founder.Marsocci has spent...
