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Pompey pride

Pompey pride

Britain‘s Prince Charles, Prince of Wales (center) attends the official commissioning ceremony of HMS Prince of Wales in Portsmouth, south England on Tuesday. HMS Prince of Wales is the second of the Royal Navy‘s QE Class aircraft carriers, built by the Aircraft Carrier Alliance. Photo: AFP 

Vingroup, Masan to form Vietnam’s biggest retail group

Vingroup, Masan to form Vietnam’s biggest retail group

Vietnamese business giant Vingroup has agreed to merge its retail and agriculture unit with Masan Consumer Holdings, aiming to form Vietnam’s biggest retailer. The deal has the effect of spinning off Vingroup’s retail assets into a new company in which it will hold a minority stake, freeing Vietnam’s largest privately-owned […]

Breitling opens new concept store at Hong Kong airport

Breitling opens new concept store at Hong Kong airport

Swiss luxury watchmaker Breitling has opened a new boutique at Hong Kong International Airport. The new outlet features the brand’s industrial loft concept, inspired by mid-20th-Century interior design. The boutique is located at the departure level of Terminal 1 East Hall at HKIA. “We especially opened our new boutique at […]

Amazon Web Services Puts Mahindra Electric In Top Gear

Amazon Web Services Puts Mahindra Electric In Top Gear

With India planning to replace a significant portion of its conventional internal combustion engine fleet by electric vehicles (EV) in the next decade and target 30 percent of all cars on the road to be EVs by 2030, the segment leader Mahindra Electric is witnessing a robust uptick for its […]

HSBC Brings Clients to Borneo

HSBC Brings Clients to Borneo

HSBC Jade invited clients to a trip traditionally reserved for senior staff and private banking clients to promote climate change awareness. The HSBC Sustainability Expedition was based in Malaysian Borneo where clients ventured into the Danum Valley’s rainforest encountering various animals including orangutans, Borneo pygmy elephants, flying squirrels and gibbons. The […]

Deutsche Bank Hires Tech Duo in India

Deutsche Bank Hires Tech Duo in India

Deutsche Bank hires a duo in India focused on overseeing and enhancing the bank’s technology, data and innovation capabilities. Dilip Khandelwal joins as the bank’s managing director and head of technology centers. In his Pune-based role, he will oversee the bank’s tech centers globally to create «one, consistent strategy». In addition, Khandelwal […]

Shake Shack to double down in Singapore, Philippines

Shake Shack to double down in Singapore, Philippines

Fast-food chain Shake Shack has announced new outlets in Singapore and Manila after enjoying early success with its debut stores in the two Southeast Asian cities. In Singapore, the US fast-food chain is bringing what it describes as its “design-driven restaurant” concept to Singapore’s CBD next year after its successful […]

Central bank cuts compulsory reserve interest rates

Central bank cuts compulsory reserve interest rates

The State Bank of Vietnam (SBV) announced Monday it has lowered the interest rates on compulsory reserves at banks by 0.4 percentage points. The new compulsory reserve interest rate has been reduced to 0.8 percent per annum for dong deposits, down from 1.2 percent prior. This change came into effect […]

Founders of Google announce a major corporate restructuring

Founders of Google announce a major corporate restructuring

Today, Larry Page and Sergey Brin, the co-founders of Google, announced that they would step down from their respective roles in Alphabet Inc., the parent company of the world’s largest search engine. Continuing forward, current Google CEO Sundar Pichai will take the chief executive officer position at Alphabet while retaining […]

Airplane mode might get more intelligent in Android 11

Airplane mode might get more intelligent in Android 11

When your phone is set on Airplane mode, all radios inside the device are disabled. This prevents radio signals from possibly interfering with the equipment that pilots rely on while flying an airplane. Also known as Flight mode, or even offline mode, passengers on a plane can use this setting […]