News
Bird feathers, blood found in both engines of crashed jet in South Korea: source
INVESTIGATORS found bird feathers and blood in both engines of the Jeju Air jet that crashed in South Korea last month, killing 179…
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.
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Business
Marco Polo Marine responds to Sias on why it raised wages, bonuses despite revenue drop
INTEGRATED marine logistics company Marco Polo Marine said that the increase in its wages, salaries and bonuses in FY2024 was “in line…
Business
Nvidia CEO will miss Trump inauguration, unlike many tech peers
NVIDIA chief executive officer Jensen Huang is expected to miss the inauguration of US president-elect Donald Trump on Jan 20, bucking a…
Business
Rio Tinto, Glencore discuss potential merger to create US$158 billion mining giant
RIO Tinto Group and Glencore have been discussing combining their businesses, which if successful would rank as the largest-ever mining…
Business
Singapore shares gain ground as key exports strengthen; STI up 0.3%
Republic’s non-oil domestic exports in December are up 9% on year, beating expectations SINGAPORE stocks ended higher on Friday (Jan 17),…
Politics
Trump team readies oil sanctions plan for Russia deal, Iran squeeze
ADVISERS to US president-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic…
News
FTC refers Snap complaint alleging its chatbot harms young users
The Federal Trade Commission on Thursday announced it had referred a complaint against Snap Inc. to the Department of Justice, alleging…
Business
American Express to pay US$230 million to settle US charges over deceptive sales practices
AMERICAN Express said on Thursday (Jan 16) it will pay about US$230 million to settle US criminal and civil probes into alleged deceptive…
Fashion
Chanel, Prada added to Walmart inventories as part of Rebag partnership
WALMART is partnering with luxury reseller Rebag to sell pre-owned handbags, jewellery and accessories online as the retailer looks to…
Business
Microsoft bets office subscribers will pay 30% more for AI tools
MICROSOFT is raising the price of its package of Office apps for consumers, a bet that subscribers will be willing to cough up more for…
Business
Larger language models are not necessarily better as companies seek returns on AI investments
Small language models – streamlined versions of larger ones – are expected to gain popularity LARGE language models (LLMs) – artificial…
![Who Is Nelle Diala? Alaska Airlines Flight Attendant Fired Over 'Little Twerk Before Work' Viral Video, Claps Back with GoFundMe and Calls Out "Sensitivity" [Video]](https://data.ibtimes.sg/en/full/79273/nelle-diala.jpg)
Business
Who Is Nelle Diala? Alaska Airlines Flight Attendant Fired Over 'Little Twerk Before Work' Viral Video, Claps Back with GoFundMe and Calls Out "Sensitivity" [Video]
A flight attendant from Alaska Airlines, Nelle Diala, has found herself at the center of controversy after posting a video of herself…
Business
Chantel Jeffries Faces Backlash For Posting Racy Photos from South Africa Tour While Wildfires Continue to Ravage Los Angeles
Chantel Jeffries appeared out of touch with the current situation in Los Angeles when she shared photos from her latest exotic vacation.…
Business
US: S&P 500 opens slightly higher with focus on earnings, economic data
THE benchmark S&P 500 opened slightly higher on Thursday (Jan 16) following strong gains in the previous session, as investors assessed…
Business
Temasek’s Azalea announces CEO Margaret Lui’s retirement; CIO Chue En Yaw to succeed her
CEO Margaret Lui’s retirement will mark the end of her 40-year career with the Temasek group Azalea Investment Management’s chief…
Business
Honda seeks to buy out Renault’s stake in Nissan, Kyodo reports
HONDA Motor has asked Nissan Motor whether it would be able to acquire Renault’s shareholding, according to a Kyodo News report, as the…
Politics
China to probe US chip dumping and subsidies in response to tech sanctions
CHINA will start an investigation into whether the US dumps lower-end chips and unfairly subsidises its own chipmakers, one of Beijing’s…
Business
CDL divests over S$600 million of assets in 2024, including Suzhou project
City Developments Ltd (CDL) achieved total divestments of more than S$600 million in 2024 as part of its capital recycling initiative,…
Business
Alliance Bank Malaysia’s top shareholder Vertical Theme said to be mulling sale to DBS
INVESTMENT management firm Vertical Theme is planning to seek approval in the coming weeks to start talks about selling its stake in…
News
Bezos’ Blue Origin reaches orbit in first New Glenn launch, misses booster landing
BLUE Origin’s giant New Glenn rocket blasted off from Florida early Thursday (Jan 16) morning on its first mission to space, an inaugural…
Business
DBS could declare special dividend of S$0.50, raise ordinary DPS to S$0.60: CGSI
DBS may declare a special dividend of S$0.50 for the fourth quarter of FY2024 as well as raise its ordinary dividend per share to S$0.60,…
Business
Ardian raises US$30 billion in world’s biggest private equity secondary market fundraising
FRENCH private equity (PE) group Ardian has raised a record US$30 billion in the largest-ever secondary market fundraising globally. This…
Business
China cash squeeze rolls on even after PBOC liquidity boosts
CHINA’S cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike…
Business
BYD wants to win over South Korea with 31.5 million won electric car
CHINA’S BYD will launch three electric passenger cars in South Korea this year, with an aggressive pricing strategy that it hopes will win…