Entrepreneurship
Target explores factory-direct shipping model used by Temu
[CHICAGO] Target is testing the delivery of products directly to customers’ homes from factories, said sources familiar with the matter, an effort by the big-box retailer to launch a...
BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company now sees fiscal year 2026 revenue in the range of US$508 million to US$538 million, up from its earlier forecast of US$504 million to US$534 millionPublished...
US: Iran-Israel ceasefire lifts stocks
[NEW YORK] Wall Street stocks jumped on Tuesday (Jun 24) as an Iran-Israel ceasefire appeared to hold through its first day and oil prices continued their retreat.Major indices spent...
Three Arrows founders fail in appeal for orders to disclose crypto fund dealings to be set aside
[SINGAPORE] The Court of Appeal on Tuesday (Jun 24) dismissed an application by the founders of Three Arrows Capital (3AC) to set aside orders requiring them to disclose their...
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jetsPublished Tue, Jun 24, 2025 · 05:33 PM[JAKARTA]...
Toyota crashes Indonesia’s used-car party with US$120 million bet
[JAKARTA] It’s an alliance everyone saw coming.After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese automaker shelled out US$120 million...
Acrophyte Hospitality Trust mulls suspending or reducing distributions under strategy review
The manager says it faces challenges in funding the capital expenditures that many of its properties require [SINGAPORE] The managers of Acrophyte Hospitality Trust are considering temporarily suspending or...
Tesla sued over Model S crash that killed three in New Jersey
TESLA was sued on Monday by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and Full Self-Driving features crashed on New...
Nissan’s new CEO faces investor grilling over job cuts, losses and mounting debt
NISSAN Motor chief executive officer Ivan Espinosa’s first shareholder meeting will be overshadowed by tough questions over tariffs, funding and a mid-term plan to turn around the struggling Japanese...
Europe: Stocks fall in wake of US-Iran tensions
EUROPEAN stocks stumbled on Monday. The pan-European Stoxx 600 index closed 0.28 per cent lower at 535.03, after touching its lowest level in over a month earlier in the session.Other major...
