Fashion

Struggling Nike will cut around 1,400 jobs in efficiency push
Published Fri, Apr 24, 2026 · 06:27 AMNIKE said on Thursday it is laying off about 1,400 global operations employees in an effort to streamline workflows as the struggling...
US stocks close lower on fading hopes for quick Iran deal, mixed quarterly earnings
Published Fri, Apr 24, 2026 · 06:04 AM[NEW YORK] US stocks fell in choppy trading on Thursday as hopes dimmed for a quick end to the Iran war, while...
Oil rises on concern over escalating Middle East tensions
Iran on Apr 23 posted video of commandos in a speedboat storming a huge cargo shipPublished Fri, Apr 24, 2026 · 05:57 AM — Updated Fri, Apr 24, 2026...
European shares muted as investors assess Middle East developments, corporate earnings
Published Fri, Apr 24, 2026 · 05:50 AMEUROPEAN shares were little changed on Thursday as investor worries over collapsed US-Iran peace talks and weak economic data outweighed upbeat corporate...
Why Meta is laying off 10% of its workforce
Meta, the parent company of Facebook and Instagram, is planning to lay off 8,000 employees, or roughly 10% of its workforce, in May, as it seeks to cut costs...
Robot Supreme? Table tennis clanker Ace beats elite human players in AI milestone
A few days ago came the astonishing news that the world record in the half-marathon was obliterated by a 5-foot-5 humanoid robot named Lightning in Beijing.Now a robot named...
Microsoft offers voluntary retirement to about 7% of US workers
Eligible workers include personnel whose years of service plus their age totals 70 or morePublished Fri, Apr 24, 2026 · 12:35 AM[NEW YORK] Microsoft is offering voluntary retirement to...
Vin’s Holdings announces probe into irregular payments linked to ex-employee
Early findings show that the ex-employee overrode internal controls to move S$44,300 to an entity he controlled [SINGAPORE] Automotive group Vin’s Holdings has said that it has uncovered irregular...
Goldman seeks over US$20 million from ex-star banker after 1MDB fraud
The bank claims Leissner transferred some money into accounts and shell entities in his wife’s name[NEW YORK] Goldman Sachs Group says its former star banker Tim Leissner collected more...
iFast Q1 profit up 49.4% to S$28 million
Revenue is up 49% to S$136.8 million; its wealth management and Hong Kong ePension businesses are more profitable [SINGAPORE] Fintech platform iFast Corporation reported a 47.3 per cent jump...
Ascott shuts Newton training centre ahead of lease expiry, lays off 6 staff
[SINGAPORE] Ascott, the wholly owned lodging business unit of CapitaLand Investment, is winding down its hospitality training centre in Newton and laying off six trainers and administrative staff. Responding...
BP chairman overcomes shareholder backlash to win first election
Published Thu, Apr 23, 2026 · 09:45 PM[LONDON] BP chairman Albert Manifold won his first election, overcoming opposition from shareholders who questioned the board’s transparency after a climate resolution...