Fashion
Trump mulls tariffs on foreign electronics based on number of chips: sources
[WASHINGTON] The Trump administration is considering imposing tariffs on foreign electronic devices based on the number of chips in each one, according to three sources familiar with the matter,...
Eurozone inflation at five-month high will keep ECB on hold
[LONDON] Eurozone inflation probably jumped to a five-month high in September, a reading that may reinforce policymakers’ resolve to avoid cutting interest rates again for now.Consumer prices rose 2.2...
Lufthansa to cut thousands of jobs in pursuit of efficiency
The airline group intends to reduce its administrative staff by 20% in the coming years[FRANKFURT] Lufthansa is expected to announce several thousand job cuts on Monday (Sep 29) at...
US: Wall Street opens higher after inflation data calms rate-cut jitters
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing concerns that persistent price pressures could...
CapitaLand India Trust unit to divest two assets in Chennai, Hyderabad for 11 billion rupees
[SINGAPORE] The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Sep 25) said that its wholly owned subsidiary, Ascendas Property Fund (India), will sell its entire interest in Cyber...
Trump signs executive order to keep TikTok operating in U.S.
President Trump on Thursday signed an executive order that would allow hugely popular social video app TikTok to continue to operate in the United States.TikTok’s parent company, ByteDance, had...
Spotify says it removed millions of ‘spammy’ AI-generated music tracks
Spotify has removed more than 75 million AI-generated “spammy” music tracks from its platform over the past 12 months, the company said Thursday, stepping up its crackdown on unauthorized...
Amazon to pay $2.5 billion to settle allegations it duped people into subscribing to Prime
Amazon has agreed to pay $2.5 billion to settle accusations that the e-commerce giant tricked millions of customers into subscribing to Prime and made it tough for them to...
Starbucks to close stores, cut 900 jobs in US$1 billion restructuring
The company says its overall store count will drop by 1% during the 2025 fiscal year[SEATTLE] Starbucks said it will close stores and eliminate 900 jobs in a US$1...
Centurion Accommodation Reit opens 11.4% above IPO price on SGX debut
[SINGAPORE] Units of Centurion Accommodation Real Estate Investment Trust (Reit) rose 11.4 per cent on Thursday (Sep 25) as it made its debut on the Singapore Exchange (SGX).The counter...
