Fashion
Lululemon names former Nike executive O’Neill its next CEO
The new CEO must now drive growth as the company loses its grip on the athleisure marketPublished Thu, Apr 23, 2026 · 08:08 PM[VANCOUVER] Lululemon Athletica named Heidi O’Neill...
American Airlines cuts 2026 forecast as high fuel costs hurt margins
Published Thu, Apr 23, 2026 · 07:57 PM[NEW YORK] American Airlines cut its 2026 profit forecast on Thursday (Apr 23), as sky-high jet fuel costs driven by the Iran...
ST Engineering shrugs off Middle East shocks, stays upbeat on satcom outlook
The impact of the conflict is ‘assessed to be not material at the group level’, says CEO Vincent Chong[SINGAPORE] Even as fuel and logistics costs rise, ST Engineering remains...
STI slides 1.2% as Brent price rises above US$100
Across the broader market, losers beat gainers 389 to 226, with 1.8 billion securities worth S$2.3 billion changing hands[SINGAPORE] Singapore blue chips closed lower on Thursday (Apr 23) as...
VW cuts China sales targets and margins
The downgrade reflects slower structural growth in the world’s largest car marketPublished Thu, Apr 23, 2026 · 04:51 PM[FRANKFURT] Volkswagen has sharply lowered its ambitions for China, cutting long-term...
Australia’s biggest bank to cut 120 more jobs amid AI push
The reductions come two months after a separate round of cuts that will claim around 300 rolesPublished Thu, Apr 23, 2026 · 04:17 PM[SYDNEY] Commonwealth Bank of Australia (CBA)...
Hao Mart shuts stores, sinks deeper into losses with four High Court lawsuits looming
[SINGAPORE] Supermarket and minimart chain Hao Mart has shrunk its network of outlets as it sinks further into the red, according to checks by The Straits Times.Hao Mart’s website...
China’s Xpeng expects to start delivering ‘flying’ cars in 2027
Like many other Chinese automakers, the EV maker has expanded overseas and currently operates in about 60 countriesPublished Thu, Apr 23, 2026 · 02:03 PM[BEIJING] Chinese electric vehicle maker...
Singapore Airlines deepens role at Air India amid record losses
Geopolitical disruptions have further inflated costs by forcing longer, more expensive routes at a time of surging jet fuel pricesPublished Thu, Apr 23, 2026 · 01:19 PM[DELHI] Singapore Airlines...
Starbucks hunts for another tech office, including abroad
The coffee chain is looking at cutting about US$2 billion in costs while also hiring more store workers and renovating its cafesPublished Thu, Apr 23, 2026 · 11:50 AM[CHICAGO]...
