Entrepreneurship
Luxury retailer Saks Global files bankruptcy after turnaround fails
US$1 billion debtor-in-possession financing, pending court approval, will fund Saks’ operations and turnaround[NEW YORK] Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load...
Trump-led US delegation to be largest ever at WEF, as Davos grapples with shaken global order
These business and political elites head to Davos next week with its vision of a rules-based global economic order being tested to the limitsORGANISERS of the annual World Economic...
Olam advances 32.4% stake sale of port operator following key lender approvals
[SINGAPORE] Olam Group said it has “made progress” in securing approvals from different lenders to Arise P&L for the proposed divestment of its 32.4 per cent stake in the...
Australian, New Zealand dollars seesaw on greenback, keep climbing on yen
[SYDNEY] The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies extended gains on the yen as expectations...
Cordlife secures restricted licence renewal; seeks full trial for client claims
Its scope is limited to storing, transferring or retrieving existing units for clinical use[SINGAPORE] Cordlife Group has secured a one-year renewal of its cord-blood banking service licence from Wednesday...
Cordlife secures one-year renewal for its cord-blood banking service licence
Its scope is limited to storing, transferring or retrieving existing cord-blood units for clinical use[SINGAPORE] Cordlife Group has secured a one-year renewal of its cord-blood banking service licence from...
Netflix prepares all-cash offer for Warner Bros: source
[LOS ANGELES] Netflix is preparing to make an all-cash offer for Warner Bros Discovery’s studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday (Jan...
Netflix weighs amending Warner Bros bid to make it all cash
Netflix shares have lost about a quarter of their value since the company’s pursuit of Warner Bros startedNETFLIX is working on revised terms for its Warner Bros Discovery acquisition and...