Entrepreneurship

Beyond Meat pursues new borrowing to shore up liquidity
PLANT-BASED burger maker Beyond Meat is sounding out investors to borrow as much as US$250 million from private credit lenders, its second such attempt in less than 12 months,...
Manulife’s profit climbs on wealth management strength, Asia growth
MANULIFE Financial posted higher fourth-quarter profit on Wednesday, bolstered by a thriving wealth and asset management business and strong growth in Asia.The results underscore the rising significance of Manulife’s...
Forever 21 plans hundreds of store closures in second bankruptcy
THE US-based operator of Forever 21 is preparing to close at least 200 more locations from the fast-fashion retailer’s shrinking store base as part of a bankruptcy process that’s...
Fast Company Discusses the Rise of AI Tools in 2025
The past year has marked a pivotal moment in the evolution of artificial intelligence, fundamentally reshaping how we work, create, and interact. From Google DeepMind’s breakthroughs to the ongoing...
Location Services: Are You Being Tracked at Work?
Ever wonder how much your boss knows about where you are during work hours? Location services in the workplace are becoming more common, and while they can help with...
Asia banks stick with net-zero group that Wall Street abandoned
SEVERAL large Asian banks have joined their European peers in offering support to the industry’s biggest climate alliance, after a wave of exits by Wall Street and Canadian lenders. Singapore...
Apple to launch new lower-cost iPhone to capture a broader market
APPLE is set to launch its latest budget iPhone model on Wednesday (Feb 19) as it looks to grab a bigger share of the mid-range smartphone market and fend...
Thailand to curb short selling, high-speed trades amid sell-off
THAILAND’S stock exchange will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world’s worst performing equity market. Short selling and...
CSE Global records S$235.3 million in new Q4 orders
SYSTEMS integrator CSE Global has secured S$235.3 million worth of new orders for the fourth quarter ended Dec 31, 2024. In a bourse filing on Wednesday (Feb 19), the...
Singapore stocks end Wednesday higher on UOB earnings, Budget news; STI adds 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billionSINGAPORE equities closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the...
HSBC expects cost-cutting drive to hit less than 8% of global headcount
HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs is likely to be under 8...
Porsche, BMW need Germany pivot for way out of crisis
GERMANY’S auto industry is in crisis. Sales have declined while production costs soared, leaving Volkswagen, Mercedes-Benz Group and hundreds of parts makers dangerously behind in the transition to electric...