Business
Delta Air Lines sues CrowdStrike over software update that prompted mass flight disruptions
Delta Air Lines’ lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike “catastrophic” and said…
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Business
Business
Oil settles up, weekly gain 4% as investors weigh Middle East risk and US election
Oil prices settled higher on Friday (Oct 25) and gained 4 per cent on the week, with investors taking stock of the ongoing conflict in the…
Business
Dolphins Star Defender Ruled Out of Week After 8 Being Poked in Eye
Share ✓ Link copied to clipboard! As the Miami Dolphins get ready for their Week 8 matchup with the Arizona Cardinals, they will be…
Business
US: Wall Streets opens higher as yields ease
Wall Street’s main indexes opened higher on Friday (Oct 25), as Treasury yields eased and investors looked ahead to quarterly results from…
Business
Chinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public…
Business
Singapore restaurants warn of losses amid challenging business environment
CATALIST-listed restaurant groups Tung Lok Restaurants and Japan Foods Holding (JFH) separately issued profit warnings on Friday (Oct 25),…
Business
Parole Examiner Lee: Girls' Generation Member Yuri Transforms into Detective in Upcoming tvN Drama
Parole Examiner Lee will feature Girls' Generation member Yuri as an ace detective of the Violent Crimes Unit. The production team…
Business
'Friends' Star Matthew Perry's Home Where He Died of Ketamine Overdose Sold for $8.5 Million
The Los Angeles home where beloved Friends star Matthew Perry was found dead in 2023 has been sold. Perry, 54, passed away in his Pacific…
Business
Thames Water seeks £3 billion from creditors on urgent cash needs
THAMES Water Utilities seeks to raise up to £3 billion (S$5.1 billion) from its creditors to buy the company more time to avoid going into…
Business
Hot stock: Sats surges to 2-year high amid heavy trading
SHARES of in-flight caterer and ground handler Sats advanced amid a steady surge in trading volumes in the morning trading session on…
Business
Stocks to watch: MPACT, Frasers Centrepoint Trust, Suntec Reit, CapitaLand India Trust
THE following companies saw new developments that may affect trading of their securities on Friday (Oct 25): Mapletree Pan Asia Commercial…
Business
Allianz weighs options for AllianzGI unit: sources
ALLIANZ is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four…
Business
$1.80 dinners and budget clothes? The spread of frugality is hurting China's economy
TAIPEI, Taiwan — China’s 1.4 billion consumers once spent with enough abandon to help drive the global economy. Now one of the hottest…
Business
KKR earnings surge 58%, joins half-trillion club in private markets race for scale
KKR & Co reported a third-quarter profit that beat Wall Street estimates as the alternative asset manager generated record transaction…
Business
American Airlines lifts profit view on higher pricing, sales strategy correction
The airlines’ pricing power has also improved as the industry cuts down excess capacity in the domestic market American Airlines lifted…
Business
UPS sees profit growth for first time in nearly 2 years
United Parcel Service (UPS) returned to sales and profit growth for the first time in nearly two years as the company benefited from…
Business
Nasdaq’s third-quarter profit rises on fintech strength
NASDAQ reported a rise in third-quarter profit on Thursday (Oct 24), helped by strong demand in its solutions business that houses the…
Business
LSEG’s third-quarter income tops forecasts, shares hit record
LONDON Stock Exchange Group said on Thursday (Oct 24) that its income rose a better-than-expected 9.5 per cent in the third quarter after…
Business
New real-time fraud surveillance duty for financial institutions; loss-sharing framework to begin on Dec 16
FINANCIAL institutions (FIs) will now be required to implement real-time fraud surveillance on unauthorised transactions from phishing…
Business
Banks, telcos, scam victims to share loss liability from Dec 16; financial institutions must have real-time fraud surveillance
FINANCIAL institutions (FIs) will now be required to implement real-time fraud surveillance on unauthorised transactions from phishing…
Business
India’s Adani Wilmar posts profit in Q2 on higher demand for edible oils
INDIA’S Adani Wilmar reported a profit for the second quarter on Thursday (Oct 24), buoyed by higher demand for its edible oils and food…
Business
Could A$AP Rocky repeat Wrexham fairytale with Tranmere Rovers?
A$AP Rocky is making waves beyond music as he could be stepping into the world of soccer by becoming a major investor in Tranmere Rovers,…
Business
Arta Finance partners Temasek Trust’s Co-Axis to unlock US$30 million catalytic funding for impact projects
THE digital impact marketplace launched by Temasek Trust, Co-Axis, has partnered digital wealth platform Arta Finance to secure US$30…
Business
Hermes Q3 sales up 11.3%, continues to outshine rivals
BIRKIN bag maker Hermes reported on Thursday (Oct 24) an 11.3 per cent rise in third-quarter sales, continuing to outshine rivals hit hard…