Fashion

Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at...

Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
[NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears, while US...

NTT DC Reit’s Singapore public offer 9.8 times oversubscribed
It has received applications for 294.8 million units compared to the 30 million available in public tranche of IPO[SINGAPORE] The manager of NTT DC Reit (real estate investment trust)...

Misinformation is already a problem during natural disasters. AI chatbots aren’t helping
When deadly flash floods hit central Texas last week, people on social media site X turned to artificial intelligence chatbot Grok for answers about whom to blame.Grok confidently pointed...

Chinese banks stumble on Beijing’s consumer lending push
[BEIJING] Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on personal loans and have a...

Pimco sees Japan wooing capital as tariffs spur diversification
[SINGAPORE] Japan has emerged as a prime destination for global investors as the trade war triggers a reassessment of capital flows into the US, according to Pacific Investment Management...

Temasek sees more opportunities in Europe after investing S$10 billion in the region last year
[SINGAPORE] Singapore’s state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of...

SIA partners Mandai Wildlife Group to enhance customer offerings
Both companies will also cooperate on conservation efforts that could include the transfer of animals between Singapore’s wildlife parks and other accredited zoos [SINGAPORE] Singapore Airlines (SIA) is partnering...

Stocks to watch: DBS, Singtel, ST Engineering, UOL, SGX, Food Empire, Soilbuild Construction
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 10): DBS, Singtel, ST Engineering: The Singapore bank, telecommunications giant and defence technology...