Culture
Jaguar Land Rover gets UK guarantee for £1.5 billion loan after cyberattack halts production
[LONDON] Jaguar Land Rover (JLR) will get backing from the UK government for a £1.5 billion (S$2.6 billion) loan aimed at easing the strain on suppliers hit by a...
Lululemon faces new threat with debut of Nike-Kardashian line
NikeSkims offers lower prices across critical categories such as track jackets, sports bras and leggings[NEW YORK] For Lululemon Athletica, Nike’s partnership with Kim Kardashian’s Skims label presents yet another...
BMW recalls over 330,000 cars after finding engine fire risk
[BERLIN] BMW is recalling at least 331,000 vehicles globally due to a defect in its starter motor, another such setback for the German carmaker that’s been hit by costly...
Growing spotlight on share placements
For the five sessions through to Sep 25, 18 primary-listed companies conducted buybacks with a total consideration of S$57.6 million[SINGAPORE] Over the five trading sessions from Sep 19 to...
Centurion Accommodation Reit’s debut marks first pure-play portfolio of purpose-built worker and student housing assets
[SINGAPORE] Centurion Accommodation Reit’s listing on Sep 25 marks the first pure-play purpose-built worker and student accommodation Reit, providing access to two resilient segments within the living accommodation space...
Apple builds a ChatGPT-like app to help test the revamped Siri
The software, code-named Veritas, Latin for “truth”, is meant for internal use, at least for now[LOS ANGELES] Apple has developed a ChatGPT-like iPhone app to help test and prepare...
Trump mulls tariffs on foreign electronics based on number of chips: sources
[WASHINGTON] The Trump administration is considering imposing tariffs on foreign electronic devices based on the number of chips in each one, according to three sources familiar with the matter,...
Mercedes-Benz spins out Silicon Valley chip group into new company
For chips used in cars, reliability is key, so critical self-driving functions are often handled by two or more separate chips in order to have backups in case of...
Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol
[JAKARTA] Indonesia state energy firm Pertamina said that fuel retailer Vivo Energy Indonesia (Vivo) has agreed to buy 40,000 barrels of petrol, out of the 100,000 barrel cargo Pertamina...
Trump says Microsoft should fire its global affairs president Lisa Monaco
Tech firms have attempted to warm their ties with the US president during his second term in office[BENGALURU] US President Donald Trump said on Friday (Sep 26) that Microsoft...
