Consumer & Healthcare
Lululemon founder Chip Wilson ramps up pressure on board amid proxy fight
Wilson’s campaign comes as the company’s shares have lost nearly half of their value over the past 12 months
Analysts raise target prices for Food Empire with strong growth expected across key markets
This also comes after core net profit for 2025 rose 38% year on year, beating expectations
Sunway Healthcare seeks RM2.9 billion from Malaysia IPO
The company is looking to add as many as five more hospitals in the coming years, with three under construction
Marks & Spencer to exit the Philippines’ shifting retail market
The country has drawn global retailers seeking to tap into its young, consumption-driven population
AIA, EPF among potential cornerstone investors for Sunway Healthcare’s RM3 billion IPO: sources
The private healthcare provider targets a minimum of 17 cornerstone investors
Hollywood merger threatens movie theatres just as they recover
Netflix’s plan to buy Warner Bros Discovery may squeeze theatrical releases, analysts say
Jollibee signs deal to buy South Korean hot pot chain for US$87 million
The company plans to spin off its business outside the Philippines and list it in the US
Amazon dethrones Walmart as world’s biggest company by sales
Both companies generate most of their revenue in the US
Walgreens cuts hundreds of jobs after private equity buyout
The pharmacy chain is also slowing down its store closures
New Walmart CEO begins tenure with cautious outlook after another quarter of steady sales
The retailer also announced a new US$30 billion share buyback plan