Business
Yankees Reportedly Up Their Bid In $600 Million Juan Soto Sweepstakes
✓ Link copied to clipboard! New York Yankees outfielder Juan Soto is expected to earn a contract worth over $600 million this winter. The…
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Business
Microsoft denies training AI models on user data
MICROSOFT on Wednesday (Nov 27) denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel, to…
Business
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global has signed a lease contract with UK hotel chain Premier Inn for 10,348…
Business
Microsoft faces broad antitrust investigation from US FTC
THE US Federal Trade Commission (FTC) has opened an antitrust investigation of Microsoft, drilling into everything from the company’s…
Business
Citadel, Pimco set to own stakes in Spirit Airlines post-bankruptcy
KEN Griffin’s Citadel Advisors, Pacific Investment Management Company (Pimco) and Western Asset Management are among the investment firms…
Business
Starbucks Red Cup giveaway gives coffee chain much needed jolt
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking…
Business
British insurer Direct Line rejects Aviva’s £3.3 billion takeover bid
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival…
Business
Internet obsessed by the 'new' generation of grandchildren
TikTok users have been in hysterics at a viral video that depicts family dogs as being the new generation of "grandchildren." The video,…
Business
HP, Dell’s weak forecasts spark share sell-off, doubts over PC market recovery
SHARES of Dell and HP fell on Wednesday (Nov 27) after the personal computer makers issued forecasts that cast doubt on a market recovery…
Business
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall…
Business
Standard Chartered mulls sale of wealth, retail operations in Africa
STANDARD Chartered is exploring a potential divestment of its wealth and retail banking operations in Botswana, Uganda and Zambia, it said…
Business
Secret to eternal youth is within grasp: leading AI scientist
A leading AI scientist and futurist has predicted that humans will develop the ability to stay young for longer. Ray Kurzweil—known for…
Business
Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
The Guangzhou-headquartered company priced its American depositary shares at US$13 each PONY AI raised US$260 million after pricing its US…
Business
Singapore banks, insurers in ‘good position’ to withstand severe macrofinancial shock: MAS
Most investment funds also have enough liquidity to meet redemption shocks, its liquidity stress-simulation tests have found SINGAPORE’S…
Business
Cygnett Hotels & Resorts opens new property in Kharagpur, West Bengal
Cygnett Hotels & Resorts has inaugurated Cygnett Inn Kharagpur in West Bengal, marking a significant step in its Indian market expansion…
Business
Tourist not prepared for view behind bedroom curtain in Venice Airbnb
An unusual view hidden behind a curtain at an Airbnb venue in Venice, Italy, has baffled users on Reddit. Images of the view were shared…
Business
Man finds rare 89 million-year-old tooth of ancient hunter in Texas cave
A man has wowed internet users with his fascinating discovery, showing an incredibly old tooth belonging to an ancient animal in a cave in…
Business
Citi appoints ex-BlackRock portfolio manager Kate Moore as CIO
GLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager Kate Moore as its chief…
Business
Current higher yields on Singapore Savings Bonds and Treasury Bills unlikely to last: analysts
December tranche gives a 10-year average return of 2.81%; sees S$164.8 million in applications versus S$600 million on offer THE latest…
Business
Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a…
Business
Apple misses out on big 2024 smartphone market rebound: study
GLOBAL smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple barely managed growth, an independent…
Business
Thai Airways plans 44 billion baht share sales to exit debt plan
THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final…
Business
Vitasoy ‘open to collaboration’ as takeover speculation mounts
VITASOY International Holdings is “open” to potential business collaboration opportunities, chief executive officer Roberto Guidetti said,…
Business
Philip Ng raises stake in Vitasoy, prompting speculation of takeover
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on record VITASOY…