Company News – Latest Companies news and Analysis IBTimes Singapore

Validus Capital’s new office at OUE Downtown 2, Singapore

Singapore's SME Financing Platform Validus Capital Applying for Digital Banking Licence

The Digital Banking Licence will help Validus Capital (Validus) create a 360 solution to serve the unmet financial needs of SMEs in Singapore.

Jul 4, 2019

By IBTimes SG Desk

walmart to sell chinese e commerce business to JD.com

Walmart investment: Why is the retailer looking to invest big in China?

The investment will be used for Chinese distribution centers and will occur over the next two decades as it looks to increase its grocery deliveries.

Jul 4, 2019

By Dawn Geske

Singapore wealth fund GIC warns of low returns amid trade war

GIC is ranked the world's eighth-biggest sovereign investor, managing $390 billion in assets, according to the Sovereign Wealth Fund Institute.

Jul 3, 2019

By Reuters

Lego company acquires Madame Tussauds for $7.6 billion

The takeover premium is more than a third of Merlin's current market value. Merlin's shares jumped 14 percent in pre-trade.

Jun 29, 2019

By Kalyan Kumar

Fave strengthens leadership with new CFO and Managing Director of Malaysia

Mobile loyalty and payments platform Fave has announced the hiring of two senior business leaders: Jason Tan as CFO and Jake Abdullah as Managing Director for Fave in Malaysia.

Jun 27, 2019

By IBTimes SG Desk

Walmart uses AI scan technology to stop shoplifters

The technology is being used by over 1,000 Walmart stores and the company says it has reduced the amount of money it has lost to theft and missed item scans.

Jun 24, 2019

By Wesley Dockery

Mercedes Benz recall 2019: 60,000 GLK 220 recalled over faulty software

The company, however, said it will appeal against the decision while continuing to cooperate with the BMVI.

Jun 24, 2019

By Arthur Villasanta

France's Carrefour takes step to leave China with Suning.com deal

Walmart Inc sold its online shopping platform to JD.com in 2016 in return for a stake in JD.com as the U.S. retailer focused on its bricks-and-mortar stores.

Jun 24, 2019

By Reuters

Goldman feels the heat in Asia as IPO engine slows

Malaysia's 1MDB criminal case against Goldman Sachs delayed to September

The U.S. Department of Justice estimates $4.5 billion was misappropriated from 1MDB between 2009 and 2014, including some of the funds that Goldman Sachs helped raise.

Jun 24, 2019

By Reuters

Which Dressbarn stores are closing in 2019? A full list of locations

Twenty-eight Dressbarn stores will shut down between June and July of this year.

Jun 23, 2019

By Wesley Dockery

Is Jeff Bezos and Amazon set to take over the world?

Amazon patents surveillance drone technology that records video of property

Amazon also announced this past week that it will team up with robotics delivery startup Nuro to deliver pizzas and other goods.

Jun 23, 2019

By Wesley Dockery

Vestiaire Collective raises €40 m additional funding to provide technology solutions for further international growth

Bpifrance leads the funding round, alongside new Vestiaire Collective CEO Max Bittner.

Jun 22, 2019

By IBTimes SG Desk

SL Capital launches Sky Everton, tomorrow's most favourable address in District 2

Sky Everton is conveniently located; with a short 2-minute walk to the upcoming Cantonment MRT station (Circle Line) and is close to Outram MRT with 3 other MRT Lines.

Jun 22, 2019

By IBTimes SG Desk

Chinese smartphone vendors begins losing buyers

Huawei files lawsuit against U.S. Commerce Department over seized equipment: filing

In the lawsuit, Huawei said that it shipped telecommunications equipment from China, including a computer server and Ethernet switch, to a testing laboratory in California.

Jun 22, 2019

By Reuters

Huawei

Telehealth Innovation to improve access to healthcare for Singapore customers

This initiative will significantly enhance the way patients consult with doctors, reducing the time typically spent travelling and waiting by providing convenient access to consultations and appointment booking.

Jun 20, 2019

By IBTimes SG Desk

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India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed

By Danish Manzoor

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Company News – Latest Companies news and Analysis IBTimes Singapore

Singapore's SME Financing Platform Validus Capital Applying for Digital Banking Licence

Walmart investment: Why is the retailer looking to invest big in China?

Singapore wealth fund GIC warns of low returns amid trade war

Lego company acquires Madame Tussauds for $7.6 billion

Fave strengthens leadership with new CFO and Managing Director of Malaysia

Walmart uses AI scan technology to stop shoplifters

Mercedes Benz recall 2019: 60,000 GLK 220 recalled over faulty software

France's Carrefour takes step to leave China with Suning.com deal

Malaysia's 1MDB criminal case against Goldman Sachs delayed to September

Which Dressbarn stores are closing in 2019? A full list of locations

Amazon patents surveillance drone technology that records video of property

Vestiaire Collective raises €40 m additional funding to provide technology solutions for further international growth

SL Capital launches Sky Everton, tomorrow's most favourable address in District 2

Huawei files lawsuit against U.S. Commerce Department over seized equipment: filing

Telehealth Innovation to improve access to healthcare for Singapore customers

India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed

India@75: Article-370 in J&K is History; Three Glorious Years Later, "Nothing" Has Changed

Why Musk Isn't Alone in the Battle Against Twitter's Mission to Save Democrats, Not Democracy

Why Musk Isn't Alone in the Battle Against Twitter's Mission to Save Democrats, Not Democracy

World War III Over Ukraine? The Blood Will be on Joe Biden's Hands, Not Putin's

World War III Over Ukraine? The Blood Will be on Joe Biden's Hands, Not Putin's