Business
Elon Musk’s fortune soars above US$600 billion on new SpaceX valuation
The company is the biggest player in the orbital launch industry with its Falcon 9 rockets Elon Musk’s wealth has reached a new high,…
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Business
Business
PayPal applies to become a bank as us loosens regulatory reins
PayPal Holdings applied to become a bank in the US, looking to take advantage of the Trump administration’s openness to…
Business
How Esther Perel Became the Modern Relationship Whisperer
Esther Perel is part of our 2025 Wellness Creator Awards, a.k.a. The Healthies. See the full list here. Perhaps the best evidence that…
Business
As AI writes code, Singapore firms hunt for ‘commercially ready’ tech talent
The talent shortage is especially pronounced in specialised and regulated sectors such as finance and cybersecurity Technical proficiency…
Business
GM strikes deal to put Apple Music in all of its new vehicles
General Motors (GM) has cut a deal with Apple to bring the Apple Music app into Chevrolet and Cadillac models starting on Monday (Dec 15),…
Business
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
The company will focus on a family of smaller, affordable electric vehicles instead FORD on Monday announced a major retreat from large…
Business
Prediction markets will see five-fold growth by 2030: analysts
Sports gambling companies have recently made moves to offer event contracts so they can compete Prediction markets companies are likely to…
Business
Nasdaq seeks to extend trading hours, as Wall Street gears up for 24/7 move
Trading hours of stocks and exchange-traded products to be expanded from 16 hours to 23 hours, five days a week Nasdaq, one of the world’s…
Business
UPS buys hundreds of robots to unload trucks in automation push
United Parcel Service (UPS) will invest US$120 million in 400 robots used to unload trucks, according to sources familiar with the matter,…
Business
Europe: Stocks recover, banks lead; ECB decision, US data in focus
EUROPEAN shares ended higher on Monday in broad-based gains led by banks, kicking off a week packed with central bank decisions and…
Business
US stocks close lower as investors position for busy week of data
WALL Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal…
Business
What happens to Roombas now that the company has declared bankruptcy?
Roomba maker IRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics. Founded 35 years…
Business
How Innovator Divyaraj Singh Jatav Is Building the Next Generation of Intelligent, Predictive, and Secure Enterprise Systems
Across industries from global supply chains to financial infrastructure leaders are rethinking how their organizations operate in real…
Business
US: Wall Street opens higher as investors gear up for data-packed week
WALL Street’s main indexes opened higher on Monday (Dec 15), rebounding from a tech-driven rout last week, while investors braced for a…
Business
MUFG said to near deal for stake in India’s Shriram
Mitsubishi UFJ Financial Group is nearing a deal to buy a minority stake in India’s Shriram Finance, according to people familiar with the…
Business
LTA awards over S$300 million in contracts for 660 electric buses, including to BYD
The Land Transport Authority (LTA) has awarded six contracts for 660 new electric buses, which will be progressively deployed for…
Business
Private equity and venture capital face tougher fundraising in 2025, with uneven exit recovery: Preqin report
Private equity (PE) and venture capital (VC) fundraising has remained tough in 2025, a report by data platform Preqin shows. About US$64.4…
Business
Twinset Names Gabriele Maggio New CEO
MILAN –Twinset on Monday said Gabriele Maggio has joined the Italian fashion brand as its new chief executive officer. The appointment…
Business
German regulator orders oversight, limits on GIC-backed online bank N26
Germany’s financial regulator BaFin on Monday (Dec 15) announced stricter oversight of Berlin-based online bank N26, including limits on…
Business
CSE Global bags three electrification contracts valued at US$124.6 million
Contracts are for the design and manufacture of power distribution centres, and the integration of electrical and control systems and…
Business
SIA Group’s passenger traffic up 2.6% in November
Singapore Airlines and Scoot carried 3.5 million passengers in total during the month, 6% higher than a year ago Singapore Airlines (SIA)…
Business
Interest in money market funds in Singapore falls 44% quarter on quarter to S$1.5 billion in Q3: Morningstar
Singaporean investor interest in money market funds waned in the third quarter of 2025, with net inflows of S$1.5 billion, down 44 per…
Business
Singapore shares edge higher as regional markets end mixed; STI up 0.1%
The iEdge Singapore Next 50 Index also gains 0.1%, rising 1.35 points to 1,435.99 Singapore stocks ended higher on Monday (Dec 15), even…
Business
Ganni Strengthens Leadership With Three New Executives
Ganni has tapped Prada executive Marcelo Noschese as president, Americas, one of three executive appointments as the Danish fashion house…