Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
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Business
Business
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the…
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…
Business
Saks Arrived on Amazon, the Trade War Is Still on Its Way
There’s Amazon’s new push into luxury with Saks and then there’s the e-commerce company’s push even higher — literally into space.…
Business
Tanger Posts Solid Q1 as Property Portfolio and Tenant Mix Keeps Diversifying
Tanger, lifted by its diversifying tenant mix, property portfolio and shopper demographics, reported another quarter of solid results,…
Business
The Best Pillows for Side Sleepers to Finally Fix That Achy Neck
Most people don’t put much thought into the best pillows for side sleepers. They’ll buy whatever’s cheapest on Amazon and use it until…
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
Electric Hearses In Asia Sure Are Different
Read the full story on Backfire News Call it a cultural thing, because it is, but when we think of an electric hearse what immediately…
Business
Spain to approve BBVA bid for Sabadell, Bloomberg reports
Spain’s antitrust agency approved with conditions BBVA‘s (BBVA) bid to acquire Banco Sabadell, Jorge Zuloaga of Bloomberg reports, citing…
Business
StoreForce and MMP Forge Partnership to Give Retailers Added Value
StoreForce, the workforce management and performance optimization solution for specialty retailers, has teamed up with Multimedia Plus,…
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
Kohl’s Fires CEO Ashley Buchanan Citing Conflict of Interest
Scandal has hit the struggling Kohl’s Corp. On Thursday, the board of Kohl’s said it fired chief executive officer Ashley Buchanan for…
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
Auto Shanghai 2025: Huawei’s ‘Auto Wintel’ ecosystem – reshaping China’s smart vehicle industry
Auto Shanghai 2025, one of the major global automotive events on the calendar, is taking place from 23 April - 2 May 2025 and GlobalData…
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
Why the trees behind shea butter beauty cream are under threat
A former biology teacher-turned-environmentalist is on a crusade in Uganda to save the once-flourishing trees from which shea butter is…
Business
European Defence Fund funnels money to drones, hypersonic defense, AI
PARIS — The European Union’s executive arm picked 62 defense projects for a combined €910 million ($1 billion) in financing in the latest…
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
EXCLUSIVE: Gallery Media Group Acquires The Coveteur, Names Faith Xue Editor in Chief
Gallery Media Group, the digital media company behind PureWow and a handful of social brands, is taking aim at luxury — and has made an…
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…