Entrepreneurship
Bostic announces retirement amid Trump push for more influence over Federal Reserve
[WASHINGTON] Atlanta Federal Reserve President Raphael Bostic, the first Black and openly gay person to lead one of the US central bank’s 12 regional banks, said on Wednesday he...
Amazon sued over ‘punitive’ handling of employee absences
[NEW YORK] Amazon.com was sued on Wednesday in a proposed class action saying the retailer subjects thousands of warehouse employees with disabilities to a “punitive” policy governing workplace absences.Amazon,...
IBM says ‘Loon’ chip shows path to useful quantum computers by 2029
The chip remains in its early stages, and it is not yet known when outsiders can test it[SAN FRANCISCO] International Business Machines (IBM) announced on Wednesday (Nov 12) that...
L’Oréal starts three-part euro bond sale for Kering Beauté deal
The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant[PARIS] L’Oréal is selling at least 1.5 billion euros (S$2.26 billion) of bonds in...
AEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer [SINGAPORE] Test solutions provider AEM Holdings posted a S$4 million profit for the...
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion
[SINGAPORE] ST Engineering posted a 9 per cent year-on-year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong performances across...
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion despite impairments from subsidiary
[SINGAPORE] ST Engineering posted a 9 per cent year on year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong...
Zhongji Innolight picks banks for one of Hong Kong’s biggest listings
The company’s Shenzhen shares surge 237% since June, lifting its 2025 gain to 300% [HONG KONG] Zhongji Innolight, a Chinese maker of optical communication modules and devices, has picked...
China’s Singles’ Day shopping festival winds down with ‘muted’ sentiment, sales expectations
Consumer malaise in China has made it harder than ever to get people to open their wallets[SHANGHAI] China’s Singles’ Day sales festival is coming to a close after more...
StarHub’s Karie Kow to be NetLink NBN Trust’s CFO from April 2026
[SINGAPORE] Fibre network provider NetLink NBN Trust is appointing Karie Kow, the current vice-president of corporate finance at mobile operator StarHub , as its new chief financial officer (CFO)...
