HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports
HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring ...
Hedge fund Citadel takes short position in GSK, FT reports
Citadel has taken a short position worth 305 million pounds ($384.5 million) in GSK stock, representing a 0.51% stake, ...
Blackstone eyes sale of First Eagle for over $4B, FT reports
Blackstone (BX) intends to offload its First Eagle business for at least $4B, the Financial Times reports. The move comes as private equity ...
U.S. private equity groups invested billion in ByteDance data centers, FT says
U.S. private equity groups have invested billions in data centers serving TikTok owner ByteDance, Kaye Wiggins, Eleanor Olcott, Owen Walker, ...
Channel NewsAsia Singapore9h
Fast fashion firm Shein's IPO to be delayed, FT reports
Fast-fashion group Shein's plans to list in the UK stock market are likely to be pushed to the second-half of this year after ...
Arm secures Meta as first customer for ambitious new chip project, FT reports
Arm Holdings plans to launch its own chip this year after securing Meta Platforms as one of its first customers, in a major ...
Shein's IPO to be delayed to second-half after US 'de minimis' repeal, FT reports
Shein was aiming to go public in London in the first-half of this year, assuming it secured approvals from regulators in the ...
DR Congo urges sport to cut ties with Rwanda
The UN reported in December that up to 4,000 Rwandan soldiers are fighting alongside the M23 against the Congolese army and ...
How a resurgent Walmart saw off the Amazon threat
A decade ago, its huge stores looked outdated as online sales grew. Now they are pulling in more customers than ever ...
Glencore says it rejected an approach for its DRC operations last year
Miner and commodity trader Glencore said on Friday it had rejected an unsolicited approach from an unnamed buyer for its ...
Arm is reportedly developing its own in-house chip
Chip designer Arm plans to unveil its own processor this year with Meta as the launch customer, The Financial Times reported. The chip would be a CPU designed for servers in data centers and would ...
The New York Times15h
New York
Mayor Eric Adams, appearing alongside the border czar, Tom Homan, said he would work with the Trump administration on immigration as he faces calls to resign over his cooperation. By Emma G ...