News
Brookfield, GIC near binding offer for National Storage: sources
The parties are finalising details of a transaction that could be announced as soon as Monday[SYDNEY] Brookfield Asset Management and GIC are nearing a binding offer for National Storage...
GIC, Brookfield agree to S$3.4b deal for Sydney-listed National Storage
Singapore sovereign fund and the global alternative asset manager will pay A$2.86 per unit in cash[SINGAPORE] Singapore’s GIC and Australia’s Brookfield Asset Management have agreed on a binding deal...
India’s regulators order IndiGo CEO to explain mass cancellations
Interruption in IndiGo’s services has made the ongoing crisis one of the country’s worst air disruptions[NEW DELHI] Indian regulators held IndiGo’s chief executive accountable for the severe disruptions that...
Online child safety advocates urge California lawmakers to increase protections
SACRAMENTO — Julianna Arnold wasn’t alarmed when her teen daughter first joined Instagram.Many people her age were using it. And her daughter Coco had a social life and other hobbies, like...
UBS may cut further 10,000 jobs by 2027: report
The bank has been cutting jobs as a result of the integration of former rival Credit Suisse[VIENNA] UBS may cut an additional 10,000 jobs by 2027, Swiss paper SonntagsBlick...
Small and mid-cap firms hope Value Unlock measure will boost understanding of their businesses
[SINGAPORE] Despite solid fundamentals, many small and mid-cap companies listed here bemoan that their true value is underestimated by the market. With newly announced measures from the Monetary Authority...
S-Reits set for best year since 2019 with 14.7% total returns in the year to date
Of the 33 iEdge S-Reit Index constituents, 29 posted positive total returns in the year to date[SINGAPORE] Singapore-listed real estate investment trusts, or S-Reits, are set to deliver their...
Millennium, Jane Street show Hong Kong’s lure for key IPO investors
[HONG KONG] The blistering rebound in Hong Kong listings this year has lured a wave of big names into the role of cornerstone investors.Millennium Management, Jane Street Group and...
How Ted Sarandos became the ultimate Hollywood gate-crasher
Hollywood moguls once dismissed the outsize ambitions of Netflix’s executives. “Is the Albanian army going to take over the world?” former Time Warner Chairman Jeff Bewkes asked a reporter...
Warner CEO Zaslav poised to become billionaire from Netflix deal
[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as...
