Business
Visa, Bridge partner to launch stablecoin-linked cards
Visa and stablecoin infrastructure provider startup Bridge are partnering to offer stablecoin-linked Visa cards to customers across…
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Business
Business
Meta quarterly profit climbs despite big cloud spending
Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its…
Business
Microsoft posts strong results fuelled by cloud sales growth
Microsoft reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady…
Business
eBay announces CFO transition; sees quarterly revenue ahead of estimates
The company’s use of generative artificial intelligence, including its “magical” listing tool, and improvements in search and targeted…
Business
Europe: Stoxx 600 clocks second consecutive monthly loss hit by tariff woes
European shares closed higher in a volatile session on Wednesday (Apr 30) as investors assessed key data around the world and corporate…
Business
Lululemon CEO Salary: Calvin McDonald’s Pay Package Totals $14.6M for 2024
Calvin McDonald scored a $14.6 million payday last year as chief executive officer of Lululemon Athletica Inc. Most of that compensation…
Business
German gunmaker Heckler & Koch enters drone defence business
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
German VW plant hits 1 million electric vehicles as cutbacks loom
The Volkswagen logo is seen on the roof of the VW brand tower in Wolfsburg. Moritz Frankenberg/dpa Electric car production at Germany's…
Business
AAFA Honors Target, Ulla Johnson and More at Annual American Image Awards
NEW YORK — The American Apparel & Footwear Association (AAFA) took over Gotham Hall Tuesday night for its 49th annual American Image…
Business
Prada Outlines Strategic Expansion Plans as Q1 Sales Gain 13%
MILAN — While reporting a 13 percent increase in revenues for Prada Group in the first quarter of the year, Andrea Guerra characterized…
Business
Morgan Stanley offers private equity fund to wider swath of millionaires
Morgan Stanley is launching a private equity fund for its widest audience yet – investors wielding a few million US dollars – as asset…
Business
US: Wall Street tumbles at the open as US economy contracts in first quarter
Wall Street’s main indexes opened sharply lower on Wednesday (Apr 30) after data showed the world’s largest economy contracted in the…
Business
Elite UK Reit posts 10.2% rise in Q1 2025 distributable income to £4.8 million
The manager of Elite UK real estate investment trust (Reit), announced a 10.2 per cent year-on-year increase in distributable income to…
Business
Maybank names Shafiq Abdul Jabbar as new group chief financial officer
He takes over from Khalijah Ismail, who was dismissed by the bank earlier this year following an internal inquiry Maybank has appointed…
Business
CapitaLand Investment total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
Business
Singapore stocks rise on Wednesday, snapping four-day losing streak; STI up 0.7%
Across the broader market, gainers beat decliners 288 to 177, after 971.8 million securities worth S$1.4 billion change hands Equities on…
Business
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their…
Business
Kate Spade New York’s Spring Campaign Stars Ice Spice and Charli D’Amelio
Kate Spade New York has released its spring 2025 global brand campaign titled “To The Ones Who Carry Us,” starring Grammy-nominated artist…
Business
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment…
Business
Company supplying critical EV metal ‘did not disclose’ Erin Brockovich pollutant in drinking water
One of Indonesia’s largest nickel-mining companies, which supplies a mineral critical to the global electric car industry, did not tell…
Business
Salman Haider named head of Asean, CEO of Eastspring Singapore
This is in addition to his current role as chief distribution officer of the business Eastspring Investments, the asset management…
Business
Nomura’s China losses narrow as brokerage seeks turnaround
Nomura Holdings posted a smaller loss at its joint venture in China last year, as the brokerage seeks to turn around the business in the…