Business
China’s green push may cut global fossil use by 2030: report
The stage may be set for the world’s use of fossil fuels to begin dropping in about five years time, thanks to China’s rapid adoption of…
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Business
Business
Potential IPO of UK company could boost Thakral’s financial position
Project Glow Topco is considering an IPO on the main market of the London Stock Exchange Thakral Corporation is hoping to benefit from the…
Business
Ant digital arm puts 60 billion yuan energy assets on its blockchain
The firm has so far completed financing for three clean energy projects using this approach, raising about 300 million yuan in total for…
Business
Stocks to watch: SGX, Oxley, Thakral, Aoxin Q&M Dental, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 9): Source link
Business
Intel announces key executive shake-up, says products chief Holthaus will exit
Intel announced a series of top executive changes on Monday (Sep 8), including the departure of products chief Michelle Johnston Holthaus,…
Business
Hidden inflation drives Japan consumers to price-tracking sites
Shoppers in the island nation are facing higher living costs for the first time since the burst of an asset bubble in the early 90s…
Business
Microsoft signs Nebius cloud deal worth up to US$19.4 billion
The Redmond, Washington-based company is focused on building new data centres and equipping them with expensive servers and networking…
Business
Renault to add cheaper batteries for affordable EVs, accelerate transformation in face of Chinese competition: CEO
French automaker Renault will introduce more affordable batteries for EVs and speed up development times for all models to better compete…
Business
Murdoch family settles suit over trust, puts Lachlan on top
The three children leaving the trust will get about US$1.4 billion, based on the current prices of Fox and News Corp shares Rupert…
Business
ConocoPhillips’ deep layoffs highlight need for capital discipline, analysts say
ConocoPhillips must sharpen its focus on capital discipline and investment priorities in order to regain its competitiveness against peers…
Business
Oil settles up after Opec+ opts for modest output hike
Oil prices settled higher on Monday, recovering some of last week’s losses, after producer group Opec+ opted for a modest output hike and…
Business
ANZ bank plans to cut 3,500 employees within the next year
ANZ Group Holdings expects 3,500 employees to leave the bank by September 2026, the lender said on Tuesday (Sep 9). ANZ also plans to…
Business
ANZ plans to cut 3,500 staff over next year on CEO revamp
The bank is expected to incur a restructuring charge of about A$560 million before tax in the second half of this year The bank is…
Business
Europe: Shares end higher amid all eyes on French no-confidence vote
EUROPEAN shares finished higher on Monday, while French stocks also rose as investors stayed calm in the run-up to a no-confidence vote…
Business
US consumer borrowing rises most in three months on credit cards
Rising inflation may also be pushing consumers to take on more debt as they turn to credit to cover higher day-to-day expenses US consumer…
Business
US: Nasdaq ends at record as markets eye interest rate relief
The Nasdaq finished at a fresh record on Monday as major equity indices advanced in hopes that benign US inflation data will lead to…
Business
Rivian lays off hundreds of employees ahead of the end of EV tax credits
Rivian has laid off about 200 employees as the electric vehicle maker prepares for a U.S. economy with fewer incentives to go green. The…
Business
Vietnam's Garment and Footwear Firms Boost Domestic Market Presence
Vietnam's textile, apparel, and footwear companies are increasingly looking to the domestic market as a safety net and a strategic growth…
Business
China's PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks
China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and…
Business
Italy’s renewable energy delays could miss EU carbon emission goals: report
Italy may struggle to meet its carbon emission reduction commitments due to delays in renewable power generation and energy storage…
Business
Nasdaq makes push to launch trading of tokenized securities
If approved, the move would mark the first instance of tokenized securities being allowed to trade on a major US stock exchange Nasdaq is…
Business
US: Wall St opens higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal…
Business
Thailand vows to curb baht swings as currency hits 4-year high
Thailand’s central bank vowed to take steps to ease baht volatility and limit the influence of gold prices after the local currency…
Business
Tesla market share in US drops to lowest since 2017 as competition heats up
The falling share reveals the company’s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for…