Business
US: Stocks boosted by gains in Microsoft, Meta
WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Electronic Arts lays off hundreds of workers in latest round of cuts
Electronic Arts, the global video game company, is slashing its workforce again. The company, based in Redwood City, Calif., has…
Business
Employee Exit Emails That Don't Burn Bridges
Leaving a job can be a bittersweet experience. Whether you’re moving on to new adventures or just need a change, the way you say goodbye…
Business
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each
Mainboard-listed Q&M Dental Group (Singapore) has made a mandatory unconditional cash offer to acquire all the shares it does not already…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…
Business
BYD breaks ground on Cambodia EV plant as part of global expansion
CHINESE carmaker BYD has broken ground on a US$32 million passenger electric vehicle (EV) plant in Cambodia, marking its latest move to…
Business
Telegram weighs US$2 billion bond sale to refinance 2021 debt
[DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Amazon to invest US$4 billion to expand rural delivery network in US
The investment will grow its rural delivery network to more than 200 delivery stations and create 100,000 jobs, the company says…
Business
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions…
Business
Visa, Bridge partner to launch stablecoin-linked cards
Visa and stablecoin infrastructure provider startup Bridge are partnering to offer stablecoin-linked Visa cards to customers across…
Business
Meta quarterly profit climbs despite big cloud spending
Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its…
Business
Microsoft posts strong results fuelled by cloud sales growth
Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady…
Business
eBay announces CFO transition; sees quarterly revenue ahead of estimates
The company’s use of generative artificial intelligence, including its “magical” listing tool, and improvements in search and targeted…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Business
Morgan Stanley offers private equity fund to wider swath of millionaires
Morgan Stanley is launching a private equity fund for its widest audience yet – investors wielding a few million US dollars – as asset…
Business
US: Wall Street tumbles at the open as US economy contracts in first quarter
Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the…
Fashion
Miu Miu’s momentum powers Prada sales growth
Net revenues at Italian luxury group Prada rose 12.5 per cent at constant exchange rates in the first quarter, slightly above analysts…
Business
Elite UK Reit posts 10.2% rise in Q1 2025 distributable income to £4.8 million
The manager of Elite UK real estate investment trust (Reit), announced a 10.2 per cent year-on-year increase in distributable income to…
Business
Maybank names Shafiq Abdul Jabbar as new group chief financial officer
He takes over from Khalijah Ismail, who was dismissed by the bank earlier this year following an internal inquiry Maybank has appointed…
Business
CapitaLand Investment total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
Business
Singapore stocks rise on Wednesday, snapping four-day losing streak; STI up 0.7%
Across the broader market, gainers beat decliners 288 to 177, after 971.8 million securities worth S$1.4 billion change hands Equities on…