Business
Oracle inks cloud deal worth US$30 billion a year
That revenue alone would represent nearly three times the size of Oracle’s current infrastructure business Oracle said it has signed a…
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Business
Business
What Is Qwen VLo? Alibaba's Launches Image Generation Model, to Compete with OpenAI and Google
Chinese technology companies have now openly entered in global AI competition and are launching robust and efficient AI models frequently…
Business
Baidu Open-Sources AI Model 'Ernie' to Developers, Sends Jitters Across Global Tech Market
Chinese technology firm Baidu is offering access to its AI powerhouse Ernie, in a move that could lead to a new age in the development of…
Business
Caleres Secures Expanded Credit Facility in Time for Stuart Weitzman Purchase
Caleres Inc. has its financial ducks in a row as it prepares to close on its purchase of the Stuart Weitzman brand. The global footwear…
Business
Boeing’s US$4.7 billion Spirit deal faces UK antitrust probe
The probe will determine if the deal raises the risk of substantial lessening of competition in the UK Boeing’s US$4.7 billion deal to buy…
Business
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
As part of the tie-up, both companies will jointly participate in major trade shows and roadshows Millennium Hotels and Resorts has…
Business
US: S&P 500, Nasdaq open at record levels on trade talk hopes; set for strong quarter
The S&P 500 and Nasdaq opened at fresh record highs on Monday (Jun 30), as optimism over the United States striking trade deals with its…
Business
Freddy Sim to step down as Creative CEO for health reasons; Tan Jok Tin to serve as interim CEO
The chief executive officer of , Freddy Sim, 67, will step down from his role on Jul 11 for health reasons, shortly after taking on the…
Business
Creative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
The chief executive officer of Creative Technology, Freddy Sim, will step down from his role on Jul 11 for health reasons, shortly after…
Business
NTT seeks up to US$864 million in data centre Reit's Singapore IPO
[SYDNEY/SINGAPORE] Japanese telecom giant NTT is seeking to raise roughly US$864 million in a Singapore IPO for a data centre Reit if an…
Business
US-based I Squared Capital dumps plans to make separate offer for Hong Kong’s HKBN
based infrastructure investment firm I Squared Capital has withdrawn plans to make a takeover offer for Hong Kong’s HKBN, the broadband…
Business
Mississippi Woman Dies After Jumping Out of Vehicle Following Argument with Boyfriend
A Mississippi woman died after she reportedly jumped from a moving vehicle driven by her boyfriend following an argument. The incident…
Business
ECB tweaks strategy to counter sustained inflation swings, either up or down
[SINTRA, Portugal] The European Central Bank pledged on Monday (Jun 30) to react with equal vigour when inflation was too high as when it…
Business
Another interior fit-out firm eyes Catalist IPO as Dezign Format lodges preliminary prospectus
A second interior fit-out company is preparing to list on the Singapore Exchange’s Catalist board in as many weeks, as Dezign Format Group…
Business
Mice design-and-build specialist Dezign Format eyes Catalist IPO, lodges preliminary prospectus
A second company in two weeks is preparing to list on the Singapore Exchange’s Catalist board, with Dezign Format Group lodging its…
Business
ING to cut 230 jobs as it has ‘too many’ managing directors
Groep announced a round of cuts focused on senior staff saying there are just too many of them. The Dutch lender plans to eliminate 230…
Business
Singapore shares buck regional rally, STI dips 0.1%
Wilmar International’s shares still under pressure, hit a 52-week low at market’s close; OKP and Keong Hong both at 52-week highs…
Business
Elmore Leonard’s Perfect Pitch
Out of interest, could this be the best beginning to the sixth chapter of any book, by anyone, ever? The girl with the stringy blond hair…
Business
UBS kicks off share buyback programme of up to US$2 billion
Group is launching a programme to repurchase as much as US$2 billion worth of its own shares, it said in a release on Monday (Jun 30). The…
Business
Japan's Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in…
Business
Singaporeans fuel Quayside JBCC sell-out amid Johor’s RTS boom
Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru…
Business
Singaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru…
Business
Singaporeans take big bites of Quayside JBCC amid Johor’s RTS boom
Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru…
Business
Asia Markets Rise on US-Canada Trade Hopes and Rate Cut Buzz
Asian stock markets inched higher early Monday as trade tensions between the United States and Canada cooled down to some extent. Canada…