Markets

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.

Apple Inc Chief Executive Tim Cook on Saturday called on governments and businesses to implement stronger climate targets starting next year, during remarks at the United Nations' Climate Ambition Summit.

PARIS: France's blue-chip CAC-40 companies threw their support behind global recommendations on climate risk disclosures, a major Paris business organisation said on Saturday (Dec 12). All 40 companies on the benchmark index endorsed the code developed by the international Task Force on Climate ...

British aero-engine maker Rolls-Royce Holdings Plc is beginning a search for its next chairman, Sky News reported on Saturday.

AstraZeneca Plc will acquire U.S. based Alexion Pharmaceuticals in a US$39 billion deal, the company said in a statement on Saturday.