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In an effort to reassure shareholders of its sustainability as a standalone entity, Commerzbank has unveiled a strategic plan that includes significant job reductions and lofty profit goals. The blueprint, which was shared last Friday, anticipates a layoff of…
Miniso, a major retailer in Asia, is intensifying its expansion efforts in Southeast Asia as it introduces its “Miniso Friends” concept in Singapore and Vietnam. This development forms part of a more extensive strategic shift towards experiential and…
In the fourth quarter, Misto Holdings, the parent company of Fila, Titleist and FootJoy, announced an increase in sales growth following a restructuring of its U.S. operations. The firm, based in South Korea, saw a 6.3% year-on-year boost in revenue during…
In a bid to strengthen its foothold in India’s highly competitive e-commerce sector, Amazon recently announced that it will cease to charge sellers referral fees for products priced under 1,000 rupees, or US$10.98. This decision, revealed by the company on…
BNP Paribas Wealth Management has bolstered its philanthropic operations by unveiling a new donor-advised fund (DAF) platform in Asia. The platform, dubbed the “BNP Paribas Bridge Foundation,” is dedicated to assisting Asian entrepreneurs, affluent…
Vietjet Air recently revealed its partnership with Pratt & Whitney, an international leader in the production and servicing of aircraft engines, to supply its 44 Airbus A320neo airliners with Geared Turbofan (GTF) engines. This new order brings the total…
Hollister, an offspring of Abercrombie & Fitch Co., has broadened its physical retail footprint in Hong Kong with the launch of a new store at K11 Art Mall. Store Design and Offerings The store’s interior design is a reflection of Hollister’s American-vintage…
WhatsApp, the widely-used messaging app, is once again evolving into a more social media-centric platform with the anticipated introduction of a new feature already available on its sister platforms, Facebook and Instagram. This progression is altering the…
In the first half of November 2025, China Mobile achieved substantial growth in its underwater cable investments, strengthening its influence in promoting worldwide digital connectivity. China Mobile Activates 2Africa Submarine Cable In Nairobi, Kenya, China…
Deutsche Bank Private Bank has appointed a former executive from Julius Baer’s onshore Thailand joint venture to their private wealth team. Penluck Sriboonruang has taken the post of vice president on the Thailand team, now based in Singapore and reporting…
In the third quarter, Coca-Cola revealed a 5% increase in net revenue, rising to $19.2 billion. Their organic revenue also observed a 6% increase during this period. Challenging Market Conditions James Quincey, the Chairman and CEO of Coca-Cola, acknowledged…
