Puma is highly dependent on wholesale, which accounts for about 75% of its sales. Wholesale sales tend to bring lower margins than sales through full-price owned channels. Puma also risks losing share ...

HARRISBURG, Pennsylvania - Billionaire Elon Musk promised on Oct 19 to give away US$1 million (S$1.3 million) each day until November’s election to someone who signs his online petition ...

The Ministry of Defence has confirmed £160 million less than expected will be spent on the Tempest project amid wider fears about its future. It comes after Labour was accused of downgrading its ...

Of note, Australia’s $224.9 billion sovereign wealth fund Future Fund is understood to have put up its hand for a sizeable allocation in Greystar’s equity raise for the deal, and is slated to ...