(RTTNews) - Domino's Pizza Group (DPZ, DOM.L) announced the appointment of Nicola Frampton, currently Interim CEO, as permanent CEO. The Board determined that she is the outstanding candidate to lead the company on a permanent basis.
(RTTNews) - Domino's Pizza Group (DPZ, DOM.L) announced the appointment of Nicola Frampton, currently Interim CEO, as permanent CEO. The Board determined that she is the outstanding candidate to lead the company on a permanent basis.
Singaporeans are not flocking to Malaysia’s Johor just for groceries these days – fuel is the “obsession” for the moment. Petrol prices have spiked sharply in the city state due to the Middle East conflict, with RON95 at almost three times the price in Malaysia at S$3.41 (US$2.64) per litre. Singapore vehicles are only allowed to pump the unsubsidised RON97 fuel in Malaysia, which is being retaile...
Singaporeans are not flocking to Malaysia’s Johor just for groceries these days – fuel is the “obsession” for the moment. Petrol prices have spiked sharply in the city state due to the Middle East conflict, with RON95 at almost three times the price in Malaysia at S$3.41 (US$2.64) per litre. Singapore vehicles are only allowed to pump the unsubsidised RON97 fuel in Malaysia, which is being retailed in Johor Bahru at 5.15 ringgit (US$1.27) per litre. A Singaporean who wanted to be known only as...
Blackstone Inc. has begun discussions with investment banks about a potential initial public offering of its AGS Health Pvt. unit in Mumbai to raise as much as $500 million, according to people familiar with the matter. The private equity firm has held initial talks with bankers in recent weeks and is expected to appoint advisers soon, the people said, asking not to be identified because the delib...
Blackstone Inc. has begun discussions with investment banks about a potential initial public offering of its AGS Health Pvt. unit in Mumbai to raise as much as $500 million, according to people familiar with the matter. The private equity firm has held initial talks with bankers in recent weeks and is expected to appoint advisers soon, the people said, asking not to be identified because the deliberations are private. The proposed IPO is expected to include a mix of primary shares and secondary sales by existing investors, the people said. Talks are at an early stage and details including the size of the offering might change, the people said. A representative for Blackstone declined to comment. After two years of record proceeds, India’s primary market has struggled in 2026, dented by a sharp decline in stocks — the Sensex Index is down more than 15%. Still, health care has been a bright spot: Manipal Health Enterprises filed last week for what could be the biggest listing by an Indian hospital operator, while General Atlantic-backed ASG Hospital Pvt is also planning a share sale. China’s Aier Eye Hospital Group Co. is considering a listing in Hong Kong. Blackstone acquired AGS Health in 2025 from Stockholm-based EQT AB, which inherited the asset through its 2022 acquisition of Baring Private Equity Asia . Read More: Blackstone Said to Lead Bidding for $1 Billion AGS Health Deal Founded in Chennai in 2011, AGS Health provides billing, coding and analytics services to large US health-care organizations. The company relocated its headquarters to Washington, DC, expanded into the Philippines in 2023 and now employs more than 12,000 people serving over 150 clients, its website shows.
EMS-FORSTER-PRODUCTIONS/DigitalVision via Getty Images Investment Summary My previous investment thought on BJ's Wholesale Club Holdings ( BJ ) was a buy rating because the visibility to 10% EPS growth over the coming years got a lot clearer. As much as I like the long-term setup, I am downgrading to hold because FY2026 now looks more investment-heavy than earnings-heavy, and that MFI growth is no...
EMS-FORSTER-PRODUCTIONS/DigitalVision via Getty Images Investment Summary My previous investment thought on BJ's Wholesale Club Holdings ( BJ ) was a buy rating because the visibility to 10% EPS growth over the coming years got a lot clearer. As much as I like the long-term setup, I am downgrading to hold because FY2026 now looks more investment-heavy than earnings-heavy, and that MFI growth is normalizing. The Long-Term Story Looks Better I would say that BJ's core business looks stronger than it did in my previous write-up. The main positive development is membership quality. BJ is not just adding more members. It is adding better members. The base is larger, renewal rates are holding up well at a high level, and it has penetrated deeper into the higher-tier cohorts. Those members also account for a bigger share of merchandise spend. The other important development is that new club growth has shown up in the numbers. BJ opened 14 clubs in FY2025 , and management said this cohort of new clubs is performing above expectations on all major KPIs: sales, membership, and profit. Clearly, this shows that new boxes are working early and are working better than expected. This really adds weight to the long-term unit growth story. The digital side of things is also bullish. In my previous write-up, I focused mainly on reduced delivery fees and the idea that BJ was making online ordering easier. I still think that logic makes sense, but BJ's recent results got me even more bullish on this. It seems like more members are choosing to shop through BJ's digital channels, and if members use BJ more often for pickup, delivery, or online orders, BJ can capture an even bigger share of their weekly spending. In other words, digital is not just making shopping more convenient; it is actually a way to get members to spend more with BJ. The Next Leg Looks More Investment-Heavy Than Earnings-Heavy However, I think the current equity story has pivoted away from focusing on the 10% adj. EP...
JJFarquitectos Dove soap maker Unilever ( UL ) has implemented a global hiring freeze "at all levels" that will last at least three months, citing the effects of the widening conflict in the Middle East, according to a memo seen by Reuters . In the memo, sent to staff late last week, Unilever ( UL ) reportedly said the freeze would take effect immediately and was made with an eye on the "sig...
JJFarquitectos Dove soap maker Unilever ( UL ) has implemented a global hiring freeze "at all levels" that will last at least three months, citing the effects of the widening conflict in the Middle East, according to a memo seen by Reuters . In the memo, sent to staff late last week, Unilever ( UL ) reportedly said the freeze would take effect immediately and was made with an eye on the "significant challenges" from the month-old Iran war. "Macro economic and geopolitical realities, especially in the Middle East conflict... bring some significant challenges for the coming few months," Fabian Garcia, head of Unilever's personal care business, wrote in the memo sent to staff. "With this in mind, the Unilever Leadership Executive team has agreed a global recruitment freeze at all levels. This will be effective immediately and last for a minimum of three months." Unilever, in a statement, said that due to the "uncertain external environment, we have decided to put in place a temporary pause on our recruitment," adding that it will "always adjust our plans as necessary." The freeze comes on top of an existing cost-cutting program Unilever has had in place since 2024, meant to save around 800 million euros ($916.72 million) in costs over the next three years. The changes Unilever proposed then were expected to affect around 7,500 jobs globally, mostly office-based. Unilever meanwhile, said on Tuesday it was in advanced talks to combine its food business with spice maker McCormick ( MKC ) in a potential deal that would deliver roughly $15.7 billion in cash to the consumer goods giant. More on Unilever Unilever: Portfolio Reshaping Advances With Food Business Under Review Unilever: Relatively Anemic In 2026, I Say 'Hold' Unilever PLC (UL) Presents at Consumer Analyst Group of New York Conference 2026 - Slideshow Big Food’s growth problem pushes McCormick toward risky mega deal: WSJ Unilever weighs RMT-structured deal with McCormick to give shareholders s...
tadamichi Asian equity markets traded mixed on Tuesday, with stocks struggling to find a clear direction amid shifting headlines regarding the U.S.-Israel-Iran war. Gold prices rose toward $4,600 per ounce on Tuesday as oil prices eased. WTI crude futures retreated to around $103 per barrel on Tuesday, reversing gains from earlier in the session. Japan ( NKY:IND ) fell 1.23% to below 50,800, and t...
tadamichi Asian equity markets traded mixed on Tuesday, with stocks struggling to find a clear direction amid shifting headlines regarding the U.S.-Israel-Iran war. Gold prices rose toward $4,600 per ounce on Tuesday as oil prices eased. WTI crude futures retreated to around $103 per barrel on Tuesday, reversing gains from earlier in the session. Japan ( NKY:IND ) fell 1.23% to below 50,800, and the Topix Index was down 1.4% to 3,492, marking four straight days of losses. The Japanese yen remained steady at around 159.6 per dollar. In February 2026, Japan's economy showed mixed signals : retail sales fell 0.2% year-over-year, missing the expected 0.8% gain, and industrial production decreased 2.1% month-over-month. However, the unemployment rate improved to 2.6%. Japan’s housing starts fell 4.9% yoy in February 2026, worsening from a 0.4% decline in the previous month. Core consumer prices in Tokyo’s central wards rose 1.7% year-on-year in March 2026, easing slightly from a 1.8% increase in February. China ( SHCOMP ) stock markets fell 0.53%, reaching 3,941, while the Shenzhen Component increased by 0.4% to 13,769 due to positive PMI data. The offshore yuan rose to about 6.91 per dollar. The manufacturing PMI increased to 50.4 , while the non-manufacturing PMI rose to 50.1, and the composite PMI output index reached 50.5. Hong Kong ( HSI ) fell 0.48% to around 24,817 on Tuesday, rebounding from the previous session as gains in technology and consumer stocks lifted the broader market. India ( SENSEX ) markets closed. Australia ( AS51 ) rose 0.25% to close at 8,482 on Tuesday, ending a three-session slide. The Australian dollar held around $0.686 on Tuesday, trading near a two-month low. In the U.S. on Monday, all three major indexes ended mixed as a sharp retreat in Treasury yields failed to sustain a broad-based equity rally following dovish remarks from Federal Reserve Chair Jerome Powell. U.S. stock futures rose nearly 1% on Tuesday after President Donald Trump in...