Business
Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51…
Swedan Margen
Swedan Margen contributes to L'Officiel Lifestyle with a focus on business and entrepreneurship.
Swedan covers business developments, emerging companies, entrepreneurial stories, and trends influencing industries and the broader economy.
The goal is to bring readers accessible coverage of business stories while highlighting developments, ideas, and opportunities shaping the marketplace.
Business · Entrepreneurship · Companies · Industry Trends · Innovation
Politics
How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American…
Business
Income-Allianz deal timeline: A recap of the proposed S$2.2 billion sale
The proposed S$2.2 billion deal involving the sale of Singapore’s Income Insurance to German insurer Allianz – which the government…
Business
Asia: Dollar recovers some losses, stocks gain as traders eye tariff deals
The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose…
News
Hegseth Orders 20 Percent Cut in Military’s Senior Ranks
Defense Secretary Pete Hegseth ordered a 20 percent reduction of four-star officers — the military’s senior ranks — continuing the wide…
Business
ServiceNow eyes US$1 billion revenue for AI product by 2026
The company makes software applications that help companies organise and automate their personnel and information technology operations…
Politics
New Zealand PM proposes banning under-16s from social media
New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from the…
Politics
Judge orders Trump to admit roughly 12,000 refugees
A judge on Monday ordered the Trump administration to admit some 12,000 refugees into the United States under a court order partially…
News
Justice Department plans to investigate prosecutor's office in Minnesota's most populous county
The U.S. Department of Justice has opened an investigation of the prosecutor's office in Minnesota's most populous county after its leader…
Politics
Trump administration asks judge to toss suit restricting access to abortion medication
The Trump administration on Monday asked a judge to toss out a lawsuit from three GOP-led states seeking to cut off telehealth access to…
Politics
Trump shuts off federal funding for gain-of-function virus research in China, Iran
President Trump ended federal funding for gain-of-function virus research in China, Iran and other countries that have "insufficient…
Politics
Trump Administration Disqualifies Harvard From Future Research Grants
The Trump administration on Monday sought to force Harvard University back to the negotiating table by informing the nation’s oldest and…
Business
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with…
Politics
Trump welcomes freed Russian-American ballerina at White House
President Trump greeted Russian-American ballerina Ksenia Karelina at the White House Monday after she was released from a Russian penal…
Politics
Kemp declines Georgia Senate run in blow to GOP hopes of flipping seat
Georgia's popular Republican Gov. Brian Kemp said he'll pass on running for Senate in 2026, dimming the GOP's chances of winning back the…
Politics
MTG Is Confused About the Anti-Boycott Act
Greene again positioned herself far over her skis in her attempt to accuse her colleagues in Congress of subordinating core American…
Politics
Brian Kemp Won’t Run for Senate in Georgia, Giving Ossoff a Lift
Gov. Brian Kemp of Georgia has decided against running for Senate in 2026, robbing Republicans of their top potential recruit against…
Politics
An overwhelming majority of Americans don't want Trump tax cuts to expire
A majority of Americans don't support raising taxes, according to a new poll, which also bodes well for support of President Trump's plans…
Politics
On “Hacks” and “The Studio,” Hollywood Confronts Its Flop Era
For years now, Hollywood has been on a losing streak. In the film and television business, good news has been harder to come by than…
Business
UnitedHealth’s Move to End Cyberattack Loan Lifeline Upsets Medical Providers
Two independent medical practices in Minnesota once hoped to expand operations but have spent the past year struggling to recover from the…
Politics
Homeland Security whistleblowers 'betrayed' by Biden administration win back jobs, pay
The Trump administration gave back pay and promotions to three Customs and Border Protection officials who suffered demotions and other…
Business
Saudi Arabia reports first-quarter deficit of US$15.65 billion
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent years Saudi Arabia’s deficit widened…
Politics
Congress’s Fight Over Trump’s Agenda Runs Through Alaska
Twice a month, planes land on the gravel airstrip in Noatak, Alaska, about 70 miles north of the Arctic Circle, carrying the diesel that…
Business
Tyson Foods beats quarterly profit estimates on strong chicken demand
The company witnessed sustained demand for its frozen meat and ready-to-eat food as consumers increasingly preferred eating at home Tyson…