Culture
McDonald’s exits restaurant group as wage rift divides industry
The association has said that tipped workers often make much more than minimum wagePublished Thu, Sep 4, 2025 · 07:27 AM[CHICAGO] McDonald’s pulled out of the trade group that...
Unilever CEO plans shakeup of top 200 managers in overhaul
Published Wed, Sep 3, 2025 · 11:07 PM[LONDON] Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance review,...
Tesla’s sales collapse continues in Europe’s biggest EV markets
Published Wed, Sep 3, 2025 · 08:09 PM[FLENSBURG] Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share in...
GE Aerospace’s Singapore and Malaysia projects to enjoy ‘significant portion’ of new US$75 million investment
[SINGAPORE] Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance, repair and overhaul (MRO) and component repair facilities, through...
Boustead surges 12.8% on the back of Reit listing application
The counter shoots up to S$1.68 as at 10.07 am, gaining S$0.19 from its previous close[SINGAPORE] Shares of engineering and technology group Boustead Singapore surged 12.8 per cent on...
Europe: Stoxx 600 ends near one-month low as bond yields rise on fiscal woes
EUROPEAN shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew increasingly concerned over fiscal pressures in economies worldwide.The...
Whisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
[TOKYO] Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police investigation into his purchase of a supplement that...
Kraft Heinz to split into two companies in growth push
[CHICAGO] Kraft Heinz will split into two listed companies, one focused on groceries and the other on sauces and spreads, the US packaged foods maker said on Tuesday (Sep...
DBS’ plan to buy Alliance Bank stake is said to have stalled
[SINGAPORE] DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according...
Fu Yu provides updates on probe into its supply chain arm
[SINGAPORE] Fu Yu Corporation has confirmed that its unit’s US$3 million payment to a third party, that has been the subject of a probe, was made for services that...
