Jollibee mulls moving US listing to booming Hong Kong: sources

The Philippines-based fast-food group aims to do the listing by the end of next year

The job losses were led by Tesco, the UK’s largest grocer, which saw its UK and Ireland headcount drop by nearly 5,000 in its latest financial year.

UK’s biggest retailers cut 18,000 jobs amid rising taxes and wages

Massive layoffs show how the Labour government’s tax hikes are hitting the British’s top employers

Victoria’s Secret has revived its popular annual runway show after a six-year hiatus.

Victoria’s Secret soars as turnaround powers upbeat annual forecasts

Shares of the lingerie retailer have nearly trebled in the past 12 months

The buyers will be exclusively licensed to use the Haagen-Dazs brand in ice-cream shops and gifting businesses in mainland China.

General Mills to sell mainland China Haagen-Dazs ice-cream shops to local tea brand Ningji

Western brands have been reassessing their approach to the world’s second-biggest economy

Cassandra Loh aims to continue building "services around the real needs of patients and families".
SINGAPORE COMPANIES

Thomson Medical Group names Cassandra Loh as acting CEO for its Singapore operations

She will take over from Lee Suen Ming, who will be leaving to ‘pursue personal interests’

In what appears to be a first, a presentation of a clinical trail conducted exclusively in China will be a headliner at this year's American Society of Clinical Oncology meeting.

China’s rise in drug development looms over US

China’s ascendence as a drug development powerhouse could threaten US biotechnology

3M has faced thousands of lawsuits over PFAS contamination and reached a US$10.3 billion settlement in 2023 with a host of US public water systems to resolve water pollution claims.

Australia sues 3M for US$1.4 billion over PFAS ‘forever chemicals’ contamination

The claim is the largest brought by the country, reflecting the costs of the pollution

The settlement stands to remove a significant distraction  before the company's new CEO arrives in September.

Lululemon settles dispute with founder by shaking up board

The company will add a former ESPN executive and sneaker maker On’s previous co-CEO as directors

IHH Healthcare attributes its Q1 revenue growth to “sustained demand for quality healthcare services, a case mix of more acute patients, and price adjustments to counter inflation”.

IHH Healthcare Q1 net profit edges up 3% to RM528 million

Foreign currency translation differences set the group back by RM796 million during the quarter