Fashion
Saudi Arabia’s PIF to take 40% share in Selfridges stores
SAUDI Arabia’s Public Investment Fund (PIF) is set to become a minority partner in department store chain Selfridges after buying out the position of the now-insolvent Signa Group.The PIF...
Google Cloud, research units collaborate to speed AI development
GOOGLE said it has seen faster progress in artificial intelligence (AI) as a result of closer collaboration between its cloud computing unit and its AI research lab.Google Cloud struck...
FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that...
Singtel must show results from NCS, Optus divisions to drive further share price growth: analysts
They are also looking for potential expansion that emanates from big ticket deals, such as the data centre agreements announced earlier this yearTELCO giant Singtel’s share price has risen...
Singtel must show results from NCS, Optus divisions to help fuel share price uptrend
Analysts are also looking for potential expansion from big ticket deals, such as the data centre agreements announced earlier this yearTELCO giant Singtel’s share price has risen significantly in...
Goldman Sachs sees high bar for IPOs easing as market broadens
THE spreading of the rally across equity markets into more than just a handful of stocks is making room for more initial public offerings, according to Goldman Sachs Group’s...
Supreme Court turns down challenge of California labor lawsuits by Uber, Lyft
WASHINGTON — The Supreme Court refused Monday to hear appeals from ride-hailing companies Uber and Lyft, which were asking to block California state labor lawsuits that seek back pay for...
Japan’s Nissan to invest in auto tech firm ChargeScape
JAPAN’S Nissan Motor said on Monday (Oct 7) it would invest an undisclosed amount in ChargeScape and roll out the battery charging technology company’s services to its electric-vehicle drivers...
US: Wall Street opens lower as changing rate expectations boost yields
Wall Street’s main indexes fell at the open on Monday (Oct 7), pressured by a rally in Treasury yields as investors dialled back bets on the scope of the...
Saudi Arabia tees up multibillion-dollar bet on hydrogen
SAUDI Arabia has been preparing to make a multibillion-dollar bet on hydrogen, and will launch a new company to produce the low-carbon fuel, sources said.The kingdom’s sovereign wealth fund,...
