News
Judge Declines to Block DOGE, but Warning Signs Loom over Elon Musk’s Role
This was a qualified victory for Trump, to say the least. Source link
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
Business
US: Wall St opens slightly lower as markets assess latest tariff threats
WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats…
Business
SingPost to lay off 45 employees ‘in the coming months’
The move is not correlated with previous incidents or whistleblowing reports, it emphasises SINGAPORE Post (SingPost) will lay off 45…
Business
Novo seeks US$830 million from Singapore firm, accusing it of fraud over drug
Novo Nordisk is seeking as much as US$830 million in damages in a Singapore court, saying that it was misled by a local biotech about the…
Politics
China and us, &c.
On Donald Trump, Xi Jinping, the Kennedy Center, our domestic Gulf war, Saturday Night Live, and more. Source link
Politics
President Trump, Please Staple (Conditional) Green Cards to Graduate Degrees
We can make sure that some of the best talent from abroad that gets trained here stays here and doesn’t end up working for America’s…
Politics
The Bad Faith of <i>Conclave</i>
Turning the pope’s election into a trans referendum. Source link
Politics
Nobody Asked Me But . . .
A few thoughts on tax rates, Biden’s wealth, and philanthropy. Source link
Politics
Trump’s Tariffs Would Prime Prices at the Gas Pump
And the broader adverse effects of a U.S. trade war with Canada and Mexico would not be trivial. Source link
Business
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech…
Business
Cordlife ID Teo Tong Kooi steps down; new ID appointed
CORDLIFE Group’s independent director Dr Teo Tong Kooi stepped down from his role at the embattled cord-blood bank on Wednesday (Feb 19).…
Business
Singapore shares end Wednesday higher on UOB results, Budget news; STI up 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE stocks closed higher on Wednesday…
Business
HSBC expects cost-cutting drive to hit less than 8% of global headcount
HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs…
Business
China, India natural gas imports will impact Apac prices: panellists
ASIA-PACIFIC should keep an eye on natural gas imports by China and India, whose ongoing pipeline projects will heavily affect regional…
Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Business
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million. The deal will include the…
Business
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and…
Politics
Vietnam parliament approves US$8 billion rail link to China
VIETNAM’S parliament on Wednesday (Feb 19) approved plans for an US$8 billion rail link from its largest northern port city to the border…
News
Trump says Musk saved hurricane victims by providing Starlink
President Trump said Elon Musk saved many lives in North Carolina after the state was ravaged by Hurricane Helene. Source link
Politics
Trump says DOGE cost-cutting measures won't affect Social Security, Medicare
President Trump said Tuesday that his administration's cost-cutting measures won't affect entitlements such as Social Security and…
Business
Hong Kong eyes crypto derivatives, margin lending in digital asset push
HONG Kong is considering approving derivatives and margin lending in virtual assets for some investors, its financial regulator said on…
Politics
Catholic bishops sue Trump administration to demand restart of refugee money
The U.S. Conference of Catholic Bishops sued the Trump administration on Tuesday, asking a federal judge to order the State Department to…
Business
Singapore evolves to meet commodity sector’s changing needs amid trade tensions: EnterpriseSG’s Cindy Khoo
IN A much more complex global trade environment, Singapore will focus on growing new trade flows, specialised trade expertise and…