News
Nikki Giovanni’s Legacy of Black Love
Nikki Giovanni died this week, at the age of eighty-one, as that rarest of things: a best-selling poet. Her work burst onto the scene in…
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
Huawei’s New Mate 70 phone shows its chip advances are stalling
HUAWEI Technologies’ latest flagship smartphone is powered by a chip little different from the one that set off alarm bells in Washington…
Business
Del Monte Q2 net loss widens to US$22.2 million on subsidiary’s lower profit, higher interest expense
PHILIPPINE food-and-beverage manufacturer Del Monte Pacific on Wednesday (Dec 11) posted a net loss of US$22.2 million for the second…
Business
Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairman
Ron Sim alleges fraudulent misrepresentations before he acquired shares of Trek 2000 in 2015 MASSAGE chair and appliance manufacturer Osim…
Culture
Remembering Kenneth Branagh’s Shakespearean Heyday (and Forgetting His Recent Lear)
So—a few weeks ago, I saw Kenneth Branagh in “King Lear” at the Shed. Maybe you did, too? It’s been a while, but I’ve been hesitating to…
Business
China auto body seeks subsidy extension as EV exports take hit
CHINA’S biggest industry group for automobile makers urged the government to extend concessions for trading in older vehicles, as part of…
News
Dasin Retail Trust to terminate remaining mall management agreements
DASIN Retail Trust will not be renewing commercial and property management agreements for four of its properties – Shiqi Metro Mall,…
Business
Tesla sells 21,900 EVs in China in first week of December, the highest in Q4
US automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of…
Business
Maybank downgrades rating on Malaysia property to ‘neutral’ on JS-SEZ delay, lack of new drivers
MAYBANK Securities lowered its call on Malaysian property developers to “neutral” from “positive” for next year, given the absence of new…
Politics
TikTok files legal challenge against Canada unit shutdown order
TIKTOK Technology Canada applied for a judicial review to challenge Canada’s order that China’s Bytedance close its subsidiary in the…
Business
Kid Allowance Chart by Age
Understanding how to manage an allowance is essential for kids as they grow. It not only teaches them about money but also helps build…
Politics
US mulls new russia oil sanctions to weaken Putin ahead of Trump
THE Biden administration is weighing new, harsher sanctions against Russia’s lucrative oil trade, seeking to tighten the squeeze on the…
Business
Gold hits two-week high with spotlight on US inflation data
GOLD prices nudged higher to touch a two-week peak on Wednesday (Dec 11), supported by escalating geopolitical tensions and expectations…
Business
Party City mulls second bankruptcy, just over a year after first
PARTY City Holdco is considering options including a sale or a potential bankruptcy filing, just over a year after it emerged from Chapter…
Business
Singapore stocks fall, with Hongkong Land leading losses; STI down 0.5%
SINGAPORE shares closed lower on Wednesday (Dec 11) amid declines in the banking stocks, with property developer Hongkong Land the biggest…
Business
SpaceX share sale values company at about US$350 billion
SPACEX and its investors have agreed to purchase as much as US$1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket…
Business
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including…
Business
Stocks to watch: Aims Apac Reit, Keong Hong
THE following companies saw new developments that may affect the trading of their securities on Wednesday (Dec 11): Aims Apac Reit: The…
News
Apple’s next Ultra smartwatch will be able to send texts via satellite
APPLE plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a blood-pressure feature, seeking to entice…
Business
US court blocks Kroger’s US$25 billion supermarket mega-merger
A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the…
Business
Apple shares are on a tear despite sluggish growth, tariff risks
APPLE has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term. None…
News
Adidas headquarters raided in years-long tax investigation, company says
AUTHORITIES raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on…
Business
HSBC raised fraud alarm that sparked collapse of fintech Stenn
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the…
Business
Aims Apac Reit to divest warehouse in Singapore for S$24.4 million
The sale price is a 32.5% premium to the property’s valuation as at Mar 31, 2024 AIMS Apac Real Estate Investment Trust (AA Reit) is…