Sri Trang Gloves’ production facilities in flood-hit areas in Thailand temporarily suspended

Sri Trang Gloves’ production facilities in flood-hit areas in Thailand temporarily suspended

The dual-listed group says it is working to ensure that operations continue with minimal business impact [SINGAPORE] Sri Trang Gloves said on Tuesday (Nov 25) that its manufacturing facilities in flood-affected areas in Thailand’s southern trading hub Hat Yai have temporarily suspended production. The mainboard-listed company said flooding in the Hat Yai district of the…

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ABN Amro to cut 5,200 jobs by 2028

ABN Amro to cut 5,200 jobs by 2028

[AMSTERDAM] ABN Amro Bank outlined a plan to cut 5,200 full-time roles by 2028 as new chief executive officer Marguerite Berard unveiled her vision for the lender. The Dutch bank vowed a return on equity target of at least 12 per cent by 2028 while targeting a cost to income ratio below 55 per cent,…

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UAB football player Daniel Mincey charged with attempted murder, injured players released from hospital

UAB football player Daniel Mincey charged with attempted murder, injured players released from hospital

The University of Alabama at Birmingham football player accused of stabbing two teammates inside a team facility before Saturday’s Senior Day loss has been charged with attempted murder. Daniel Israel Mincey allegedly stabbed fellow teammates JaSire Peterson and Joshua Underwood with a knife just after 10 a.m. at the on-campus football operations building, AL.com reported,…

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Trump admin terminating deportation protections for foreign nationals from Burma 

Trump admin terminating deportation protections for foreign nationals from Burma 

The Trump administration will strip deportation protections of migrants from Burma starting in January, citing “notable progress” made in the war-torn Southeast Asian nation.  The move, announced Monday, comes after the Biden administration allowed more than 3,600 Burmese migrants to enroll in the Temporary Protected Status (TPS) program in 2021 – and extended their protected…

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CDL to sell Osaka hotel for 14 billion yen to Blackstone funds

CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds

The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts [SINGAPORE] City Developments Limited (CDL) is proposing to divest a hotel in Osaka, Japan, to real estate funds managed by Blackstone for 14 billion yen (around S$117 million). On Tuesday (Nov 25), CDL said that its wholly owned subsidiary M&C…

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WeRide trims losses as China’s robotaxi race gains momentum

WeRide trims losses as China’s robotaxi race gains momentum

The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region [HONG KONG] WeRide narrowed its third-quarter net loss on increased robotaxi orders, as it races for a slice of the growing global market for driverless cabs. The Chinese autonomous driving company posted a 307 million-yuan…

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Ian Jackson, Joson Sanon have game to forget in St. John’s loss

Ian Jackson, Joson Sanon have game to forget in St. John’s loss

LAS VEGAS — It was a forgettable afternoon for St. John’s high-upside sophomores Ian Jackson and Joson Sanon. In the 14th-ranked Johnnies’ frustrating 83-82 loss to No. 15 Iowa State in the Players Era Festival, the duo combined to shoot 4-of-16 from the field without a single rebound. Sanon, who got the start, was 2-of-10…

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Syngenta is said to mull Hong Kong IPO after Shanghai pulled

Syngenta is said to mull Hong Kong IPO after Shanghai pulled

A big chunk of the offerings come from Chinese companies pursuing a second listing in the city to help support their overseas expansion [HONG KONG] Syngenta Group is considering an initial public offering (IPO) in Hong Kong, according to sources familiar with the matter, more than a year after it withdrew a plan for a…

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