Adidas probes bribery allegations in China
LONDON: Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint…
Corporate News
L’Occitane chairman Geiger offers scrip alternative to take firm private
Hong Kong-listed L'Occitane International said on Monday its chairman Reinold Geiger has offered minority shareholders an alternative takeover proposal, as…
Temasek to invest up to US$198 mln in Australian ETF manager Betashares
Singapore-based investment firm Temasek Holdings will invest up to A$300 million ($198.4 million) in Australian exchange-traded fund manager Betashares, the…
Roaring Kitty’s gain of US$262mil stirs sceptics
NEW YORK: As a renewed bout of GameStop Corp fever gripped the meme-stock faithful, fans of trading influencer Keith Gill…
Takeda signs option to market Ascentage’s drug
TOKYO: Takeda Pharmaceutical Co has signed an option agreement with Chinese drug developer Ascentage Pharma Group International for the development…
HSS associate wins treatment plant contract
HSS Engineers Bhd’s associate SMHB Sdn Bhd has agreed to conduct engineering consultancy services for the phase one construction project…
Morgan Stanley brings AI tools to Australia clients
Morgan Stanley plans to use artificial intelligence (AI) capabilities to manage rich people’s portfolios in Australia as the Wall Street…
Ecoscience wins CPO plant contract
Ecoscience International Bhd (EIB) has accepted a letter of award from Oiltek Sdn Bhd for the construction of a crude…
Private credit is ‘resilient’ despite trouble
Blue Owl Capital Inc’s Marc Lipschultz says private credit is still a good place to invest, even as some in…