LONDON: U.S.-based investment group MSP Sports Capital is taking a significant minority stake in McLaren Racing in a deal the Formula One team said would give them the tools to return to the top of the sport. The long-term investment, announced on Sunday, is for an initial 15per cent...
Britain's financial sector is watching nervously as the prospect mounts of a "no-deal" Brexit, stoking fears of lost clients and influence in key areas, as well as market turbulence.
London and Brussels face a make-or-break decision on an elusive trade agreement on Sunday, after a week of tension and deadlock that left a tumultuous 'no deal' exit for Britain from the European Union's orbit on Dec. 31 looking more likely than not.
Secondhand clothing has the potential to reshape the fashion industry and mitigate the industry’s detrimental impact on the planet, say observers.
Robinson’s closure should provoke a rethinking of the department store model, not a complete eradication of it, say NUS Institute of Real Estate and Urban Studies’ Lau Li Min and Sing Tien Foo.
SINGAPORE: On the evening of Dec 4 (Friday), pictures of crowds packed tightly together outside Foot Locker at Orchard Gateway quickly made their rounds on social media, alarming some members of the public. It soon became clear that this was not any Hello Kitty or iPhone launch. People were ...
Authentic Brands is plotting a double takeover of collapsed department store chain Debenhams and Topshop-owner Arcadia Group, The Daily Telegraph newspaper reported on Saturday, citing sources.
McLaren are selling a minority stake in their Formula One team to a consortium of U.S.-based investors in a deal that will value the British racing outfit at 560 million pounds (US$740.49 million), Sky News reported on Saturday, citing sources.
Twitter Inc said on Saturday it had "inadvertently" limited engagements for a brief period on U.S. President Donald Trump's tweets with "disputed" labels but later reversed its action.
Virgin Galactic Holdings Inc cut short a test flight of its suborbital SpaceShipTwo Unity plane on Saturday, safely returning its pilots to Spaceport America in New Mexico after the rocket motor's ignition sequence failed to complete.
