Entrepreneurship
UK financial sector makes slow progress on preparations for new settlement system
40% of respondents in a survey say they will miss an interim deadline of Dec 31, 2026[LONDON] Four in 10 financial businesses in Britain expect to miss a deadline...
UK’s Domino’s Pizza CEO steps down as strategy shift takes hold
The move comes as the chain broadens its focus beyond core pizzas to drive growth in a tough market[LONDON] Britain’s Domino’s Pizza Group said on Tuesday (Nov 25) that...
Shell agrees to buy 100,000 barrels of petrol from Indonesia’s Pertamina amid shortage
[JAKARTA] Fuel retailer Shell has agreed to buy 100,000 barrels of petrol from Indonesia’s state energy firm Pertamina, the country’s deputy energy minister Yuliot Tanjung said on Tuesday (Nov...
OCBC’s Lion Global Investors launches Singapore’s first physical gold fund
It seeks to track the performance of London Bullion Market Association Gold Price AM [SINGAPORE] OCBC’s Lion Global Investors announced on Tuesday (Nov 25) the launch of the first...
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts [SINGAPORE] City Developments Limited (CDL) is proposing to divest a hotel in Osaka, Japan,...
Starbucks Malaysia operator sees business rebound after boycotts
The company is also preparing to expand in Nordic countries, where it has the rights to the brand[KUALA LUMPUR] The operator of Starbucks in Malaysia says business is gradually...
Major Indonesia nickel plant cuts output as waste piles up
HPAL producers have also been contending with the higher cost of sulphur, a chemical used to produce acid[SINGAPORE] A majority Chinese-owned plant at Indonesia’s most important nickel site is...
Gold holds steady as rising US rate-cut bets offset dollar strength
[BENGALURU] Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate cut in December...
New owners to revive fish farms vacated by troubled Apollo, Barramundi groups
[SINGAPORE] Two fish farming facilities that had been given up by firms exiting the local aquaculture industry have been acquired by local companies to pursue new farming ventures, The...
August Global Partners raises US$150 million in final close of Healthcare fund
The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine[SINGAPORE] Fund manager August Global Partners (AGP) has raised US$150 million in the final close of its...
