Business
Tesla sells 21,900 EVs in China in first week of December, the highest in Q4
US automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of…
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Business
Business
AAA Membership Cost: Worth It?
If you’re considering a AAA membership, it’s important to understand the costs and benefits involved. The AAA membership, often referred…
Business
Maybank downgrades rating on Malaysia property to ‘neutral’ on JS-SEZ delay, lack of new drivers
MAYBANK Securities lowered its call on Malaysian property developers to “neutral” from “positive” for next year, given the absence of new…
Business
Kid Allowance Chart by Age
Understanding how to manage an allowance is essential for kids as they grow. It not only teaches them about money but also helps build…
Business
15 Reasons Restaurant Chains are Dying
The restaurant industry is facing tough times, with many chains struggling to stay afloat. Various factors contribute to this decline,…
Business
Gold hits two-week high with spotlight on US inflation data
GOLD prices nudged higher to touch a two-week peak on Wednesday (Dec 11), supported by escalating geopolitical tensions and expectations…
Business
Party City mulls second bankruptcy, just over a year after first
PARTY City Holdco is considering options including a sale or a potential bankruptcy filing, just over a year after it emerged from Chapter…
Business
Singapore stocks fall, with Hongkong Land leading losses; STI down 0.5%
SINGAPORE shares closed lower on Wednesday (Dec 11) amid declines in the banking stocks, with property developer Hongkong Land the biggest…
Business
SpaceX share sale values company at about US$350 billion
SPACEX and its investors have agreed to purchase as much as US$1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket…
Business
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including…
Business
Stocks to watch: Aims Apac Reit, Keong Hong
THE following companies saw new developments that may affect the trading of their securities on Wednesday (Dec 11): Aims Apac Reit: The…
Business
Ford Mustang GTD Becomes Fastest American Around The Nurburgring
Read the full story on Backfire News The official lap time for the Ford Mustang GTD on the famed Nurburgring in Germany has been revealed…
Business
Jays Acquire All-Star Infielder From Guardians in Blockbuster Trade: Report
✓ Link copied to clipboard! The Toronto Blue Jays pivoted from their failed pursuit of free agent outfielder Juan Soto in a major way…
Business
US court blocks Kroger’s US$25 billion supermarket mega-merger
A US judge suspended supermarket giant Kroger’s planned US$24.6 billion acquisition of rival chain Albertsons on Tuesday in a win for the…
Business
Apple shares are on a tear despite sluggish growth, tariff risks
APPLE has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term. None…
Business
What is Corporate Entrepreneurship?
Corporate entrepreneurship is when teams within a big company come up with, support, start, and run new businesses that use the company’s…
Business
HSBC raised fraud alarm that sparked collapse of fintech Stenn
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the…
Business
Man used Jackie Robinson contracts to steal millions from investors. Then he fled to Russia seeking asylum
The first contract Jackie Robinson signed along with Brooklyn Dodgers president Branch Rickey on Oct. 23, 1945, was an agreement to play…
Business
UK and Germany sign deal against people smugglers as Europe struggles to halt Channel crossings
LONDON (AP) — The U.K. and Germany pledged Tuesday to share intelligence and expertise against the people-smuggling gangs that send…
Business
Stellantis and CATL to invest €4.1 bn in joint Spanish battery plant
The Stellantis logo pictured on a banner outside the Opel plant in Eisenach. Martin Schutt/ZB/dpa The multinational car maker Stellantis…
Business
Aims Apac Reit to divest warehouse in Singapore for S$24.4 million
The sale price is a 32.5% premium to the property’s valuation as at Mar 31, 2024 AIMS Apac Real Estate Investment Trust (AA Reit) is…
Business
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing…
Business
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US…
Business
Stellantis, China’s CATL to invest 4.1 billion euros in EV battery factory in Spain
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries in…