Business
Huawei seeks AI chip customers in Middle East, South-east Asia
Huawei Technologies is trying to export small quantities of artificial intelligence (AI) chips to the Middle East and South-east Asia, an…
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Business
Business
Indeed, Glassdoor to cut 1,300 jobs amid AI integration, memo shows
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Business
Indeed, Glassdoor to cut 1,300 jobs amid AI integration: memo
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Business
Florida AG probes Robinhood Crypto over claims of low-cost trading
IDA Attorney General James Uthmeier on Thursday launched an investigation into Robinhood Crypto, alleging that the platform may have…
Business
Delta Air Lines offers upbeat outlook on travel demand, lifting shares
Shares of Delta Air Lines rocketed higher on Thursday after the carrier reported better-than-expected profits and reinstated its full-year…
Business
Levi sees revenue growth offsetting most of tariff impact
Levi Strauss jumped in late trading after raising its revenue outlook, with the maker of 501 jeans expecting sales growth to outweigh the…
Business
Europe: Mining, healthcare prop up shares; US-EU trade talks in focus
EUROPEAN shares closed higher on Thursday, with mining and healthcare stocks the biggest boosts as investors watched for signs of progress…
Business
US: S&P 500, Nasdaq edge to fresh records despite tariff fog
Wall Street stocks edged higher on Thursday, lifting major indices to records as traders shrugged off worries about US tariffs while…
Business
Converse’s New CEO Aaron Cain Is a 21-Year Nike Veteran
Nike‘s challenged Converse division has a new CEO. Aaron Cain, a 21-year Nike Inc. veteran, is taking over the top job at Converse. He…
Business
A low-profile property trust’s data centre gambit
AS THE Singapore market prepares to welcome NTT DC Reit next week, another locally-listed property trust has hatched an intriguing plan to…
Business
Temasek sees more opportunities in Europe after investing S$10b in the region last year
Singapore’s state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate…
Business
Temasek sees more opportunities in Europe after investing S$10 billion in the region last year
Singapore’s state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate…
Business
Bitcoin Hits Record High Near $112,000 as Institutional Demand Surges
Bitcoin surged to a new all-time high late Wednesday, nearing $112,000. The rise is fueled by growing institutional interest and a…
Business
Linda Yaccarino Resigns as X CEO Amid Wave of Top Executive Departures from Musk-Led Firms
Linda Yaccarino officially resigned as CEO of X on Wednesday, July 9. Her statement was brief: "After two incredible years, I've decided…
Business
Singapore tycoon Sam Goi makes S$123.5 million offer to buy rest of PSC
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece.…
Business
Popiah king Sam Goi makes S$0.40 a share offer to buy rest of PSC
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece.…
Business
Popiah king Sam Goi makes mandatory offer for rest of PSC at S$0.40 a share
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 apiece.…
Business
US: Wall St opens muted; airline stocks jump on Delta's outlook
Wall Street opened muted on Thursday (Jul 10), taking a breather after Nvidia’s US$4 trillion sprint, while airline stocks jumped…
Business
Cordlife offers enhanced support to clients affected by damaged tanks in Singapore
Private cord-blood bank Cordlife will offer enhanced support to its customers who were affected by the November 2023 discovery of its…
Business
Returns, Refunds and the Fight for Loyalty
What happens “beyond buy” is no longer a consumer experience afterthought; it’s a strategic and financial imperative. Returns, refunds and…
Business
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200…
Business
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220…
Business
China solar stocks surge as Beijing moves to calm price wars
Some China solar stocks jumped sharply on Thursday (Jul 10), continuing a multi-day rise. This comes on the back of news that Beijing…
Business
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…