Business
Who Is Shengjia Zhao? META Appoints ChatGPT co-creator as Head of Superintelligence AI Team
Meta is making a big push into advanced artificial intelligence with its Super Intelligence Lab. Now the Mark Zuckerberg-led tech giant…
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Business
Architecting Transformation: Sai Kiran Nandipati's Impact on Financial Dispute Resolution and Smart Governance
Financial dispute resolution has become a key area of digital transformation in a world of growing surveillance screens and escalating…
Business
American Airlines’ new Airbus jet grounded by supply chain issue
The airline plans to initially use this first plane on US transcontinental routes later this year before shifting it to international…
Business
HSBC cuts equities team in Germany as CEO Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
Business
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
Business
Kia aims to win US market share as tariffs force rivals to pull back
South Korea’s Kia Corp said on Friday (Jul 25) that it aims to increase its US sales and market share in the second half, driven by sales…
Business
Tesla gets multiple shareholder proposals related to investment in xAI
Tesla said on Friday (Jul 25) it had received a number of shareholder proposals regarding the company’s plan to invest in CEO Elon Musk’s…
Business
Intel to separate networking unit as new CEO Tan overhauls business
The CEO has been given the challenge of revitalising the chipmaker after years of missteps and high-capital manufacturing strategies led…
Business
Marc Jacobs on the Block as LVMH Looks for $1B
The Marc Jacobs brand might be coming back to America. Twenty-eight years after Bernard Arnault stepped in to first help support the…
Business
Oil prices dip to settle at three-week low on US and China economic concerns
Oil prices eased on Friday (Jul 25) and settled at a three-week low as traders worried about negative economic news from the US and China…
Business
Europe: Shares settle lower as investors gauge mixed earnings, EU-US trade progress
European shares closed lower on Friday (Jul 25), as investors assessed mixed corporate earnings while awaiting updates on a framework of…
Business
US: S&P 500 closes at 5th straight record
The S&P 500 and Nasdaq finished at fresh all-time records on Friday (Jul 25) amid optimism over US trade deals, concluding a winning week…
Business
How Australia’s Cannabis Industry Is Opening Doors
In just a few short years, Australia’s cannabis industry has evolved from a policy debate to a rapidly expanding medical industry. Now…
Business
Photographer Bill Cunningham’s Archive Acquired by New York Historical
Some might have considered the on-the-street photographer Bill Cunningham to have been a New York institution in and of himself, and now…
Business
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday…
Business
Global Stocks Dip Ahead of Trump's Tariff Deadline and Key Central Bank Decisions
Investors around the world retreated from the stock market on Friday to lock in profits after a strong week. The MSCI global stock index…
Business
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On…
Business
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major…
Business
US: Wall St opens steady as investors prepare for August 1 deadline
Wall Street’s main indexes opened steady on Friday (Jul 25) following record closes for the S&P 500 and the Nasdaq in the previous…
Business
Laurie Jalloul is Creating a New Language of Luxury
In a world of fashion that often celebrates noise, speed, and spectacle, Laurie Jalloul has built her legacy through something far more…
Business
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June…
Business
S&P downgrades SingPost’s credit rating to ‘BBB-’ on downscaling, subdued operating conditions
S&P Global Ratings on Friday (Jul 25) downgraded its long-term issuer credit rating on Singapore Post (SingPost) to “BBB-” from “BBB”, as…
Business
VW cuts outlook after US tariffs added 1.3 billion euros in costs
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings…
Business
STMicro acquires part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million up front, and US$50 million subject to the achievement of technical milestones…