Business
Longchamp’s Revamped SoHo Flagship Is About Energy And Art
PARIS – What’s a good reason to go to a store? As far as Longchamp‘s chief executive office Jean Cassegrain is concerned, a great product…
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Business
Business
Asia: Markets rebound to track Wall Street up as China cuts rates
Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also…
Business
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its…
Business
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend…
Business
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant…
Business
Nippon Steel boosts investment pledge for proposed US Steel deal
Trump has ordered another CFIUS review of the national security implications of the combination of both companies Nippon Steel has…
Business
China’s central bank cuts two key rates to historic lows
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid…
Business
Dutch startup ecosystem grows 26% but falls to 6th in Europe
The Dutch startup ecosystem has slipped to 10th place globally and sixth in Europe, according to the newly released Global Startup…
Business
Can Sam Altman Be Trusted with the Future?
In 2017, soon after Google researchers invented a new kind of neural network called a transformer, a young OpenAI engineer named Alec…
Business
After rocky week, Coinbase becomes first crypto exchange to join the S&P 500
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the…
Business
Royals and dogs shine at Chelsea Flower Show
The Chelsea Flower show opened its gates to royalty and celebrities on Monday, with dogs, unusually, taking the spotlight. King Charles…
Business
Resurrecting Hudson’s Bay, in a Limited Way
Hudson’s Bay is liquidating all of its stores but won’t completely disappear from the Canadian retail landscape. The Canadian Tire Corp.…
Business
A Perfect Match: Style Me Pretty + The Association of Bridal Consultants Join Forces to Elevate the Wedding Industry
We’re beyond excited to share some incredible news with our Style Me Pretty community — we’ve officially partnered with the Association of…
Business
Morrisons says UK-EU deal will 'ease' price pressure
The boss of one of the UK's biggest supermarket chains the UK-EU trade deal will reduce pressure on prices. The deal signed on Monday sets…
Business
The Netherlands is building a leading neuromorphic computing hub
Our latest and most advanced technologies — from AI to Industrial IoT, advanced robotics, and self-driving cars — share serious problems:…
Business
Billionaire Richard Li's FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatility Group, a Hong Kong-based insurer backed by…
Business
Apple partner Foxconn injects US$1.5 billion into India unit
Taiwan’s Foxconn, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away from…
Business
JPMorgan says interest income could rise this year even as uncertainty persists
JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty,…
Business
Rory McIlroy and the 'non-conforming' driver controversy
Aside from the brilliance of Scottie Scheffler's imperious third major victory, the next-biggest talking point from the 107th US PGA was…
Business
US: Wall St opens lower after Moody's rating cut; yields rise
Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign rating,…
Business
23andMe sells gene-testing business to DNA drug maker Regeneron
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the…
Business
Q&M Dental cash offer for Aoxin Q&M shares to close on Jun 16
Offeror does not intend to revise offer price nor or extend offer beyond closing date Q&M Dental Group said on Monday (May 19) that its…
Business
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of…
Business
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of…