Entrepreneurship

EU, China will look into setting minimum prices on electric vehicles, EU says
[BERLIN] The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles (EVs) instead of tariffs imposed by the EU last year, a...
Harley-Davidson explores US$1 billion-plus sale of financing arm
[NEW YORK] Harley-Davidson is exploring options for its financing arm including a sale, which could fetch at least US$1 billion, according to sources familiar with the matter. The iconic...
Prada agrees to buy Versace for US$1.38 billion despite tariffs
The purchase, the largest in Prada’s 112-year history, returns Versace to Italian ownership [PARIS] Prada agreed to buy Versace for US$1.38 billion in cash in a deal aimed at...
UBS sticks to US$3 billion share buyback plan despite capital changes, global uncertainty
[LUCERNE, Switzerland] UBS chairman Colm Kelleher on Thursday (Apr 10) reiterated the Swiss bank’s intention to repurchase shares to the tune of US$3 billion in 2025, despite looming capital...
Apple airlifts 600 tonnes of iPhones from India ‘to beat’ Trump tariffs: sources
[NEW DELHI] Tech giant Apple chartered cargo flights to ferry 600 tonnes of iPhones, or as many as 1.5 million, to the US from India, after it stepped up...
China announces quartz discovery vital to chips to rival US mine
The timing of the announcement highlights Beijing’s desire to minimise leverage points the US[BEIJING] China announced it has discovered new deposits of high-purity quartz, a mineral with a small...
When to Hire a CPA: Signs You Can’t Ignore
If you’re running a business, you might wonder, “when do I need a CPA?” It’s an important question because there are moments when having a CPA can make all...
Cargill’s asset network, innovation help food businesses manage market volatility
[SINGAPORE] In agribusiness where volatility stays, food giant Cargill is responding to its customers’ evolving needs with flexibility and innovation. “We are fortunate as Cargill... to have the flexibility...
TSMC sales beat estimates as AI demand soars ahead of US tariffs
Major tech companies, including Alphabet and Meta Platforms, have not revised plans to invest tens of billions of US dollars in artificial intelligence, or talked about a scaleback[TAIPEI] Taiwan...
TSMC sales beat estimates as AI demand soars
[TAIPEI] Taiwan Semiconductor Manufacturing Company’s (TSMC) quarterly revenue rose a larger-than-anticipated 42 per cent, reflecting strengthening demand for artificial intelligence (AI) servers and smartphones before US tariffs kicked in.That...
Tesla’s Saudi Arabia entry puts ‘funding secured’ feud to rest
[RIYADH] Tesla is opening up shop in Saudi Arabia in the latest sign Elon Musk has put to rest a once-bitter feud with one of the kingdom’s most powerful...
Asia: Stocks crack higher as Trump delays painful tariffs
[HONG KONG] Asian stocks rocketed on Thursday as investors breathed a huge sigh of relief after Donald Trump announced a pause on crippling tariffs on US partners, with Chinese...