Culture
Citi, Mastercard team up on cross-border debit-card payments
MASTERCARD and Citigroup are collaborating to facilitate around-the-clock, cross-border payments with debit cards, giving consumers and companies another way to conduct business worldwide.
Citigroup is the first global bank...
Profit margins from autonomous driving will take years to grow: Uber CEO
UBER Technologies has been prioritising safety over profits, as the company develops its autonomous driving fleet.“The most important factor is, ‘Can we make this technology safe? Can we build...
FLCT renews 12-year lease for Australian office building
As at Mar 31, the Caroline Chisholm Centre accounted for 3.2% of FLCT’s portfolio valueTHE manager of Frasers Logistics and Commercial Trust (FLCT) on Thursday (Oct 10) said the...
China Resources Beverage to launch up to US$700 million IPO next week: sources
DRINKS maker China Resources Beverage is set to launch its Hong Kong initial public offering (IPO) next week, aiming to raise up to US$700 million, said two people with...
Ikea sales fall 5% after price cuts amid weak housing market
IKEA annual sales fell 5 per cent after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking...
Straits Trading Company, SDAX to leverage cross offerings in new partnership
The tie-up offers Straits Trading Shareholders’ Club members and SDAX clients access to exclusive investment opportunities THE Straits Trading Company (STC) has partnered Singapore’s Digital Asset Exchange (SDAX) to offer...
Malaysia’s Public Bank is said to consider buying late founder’s family stake in LPI
PUBLIC Bank said it is buying its late founder Teh Hong Piow’s family stake in the owner of Lonpac Insurance (LPI) for RM1.72 billion (S$524 million). Malaysia’s second-biggest lender...
GSK surges 6.5% after US$2.2 billion Zantac lawsuits settlement
SHARES of British drugmaker GSK rose as much as 6.5 per cent on Thursday (Oct 10), after it agreed to pay up to US$2.2 billion to settle lawsuits in...
💉 The rise of Ozempic and body image issues in Singapore
🥜 ‘Peanut face’This week, a stray Instagram Reel sneaked into my algorithm. “Hmm, looks chubby,” a Korean lady remarked as she conducted a skin colour analysis for an influencer...
HSBC mulls cost-cutting plan of up to US$300 million, targeting top ranks: report
HSBC CEO Georges Elhedery is weighing cost-cutting measures that could save up to US$300 million by reducing top management layers, the Financial Times (FT) reported on Thursday (Oct 10).The...
