Business
Intel CEO to oversee its AI efforts after executive departs for OpenAI
Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker’s artificial intelligence efforts after the firm’s chief technology…
Archive
The Latest
Fashion
Axel Arigato Makes U.S. Push, Unveils Collaboration With Brooklyn-based Artist Alvin Armstrong
LONDON — Solidifying its presence in the U.S. market, Axel Arigato will unveil a capsule collection with Brooklyn-based artist Alvin…
Business
Visa, Mastercard to cut fees, let retailers reject certain cards
VISA and Mastercard reached a deal with retailers to reduce some of their fees and give merchants more leeway to reject customers who use…
Business
More private credit firms now accept higher-risk ‘payment in kind’ in direct-lending deals
PIK used to be associated with distressed or mezzanine segments of private credit With higher-for-longer interest rates, regulatory…
Business
Buffett ‘going quiet’ but backs CEO-designate Abel, plans to keep Berkshire shares
WARREN Buffett on Monday assured Berkshire Hathaway shareholders they should stick around as he prepares to depart as chief executive,…
Business
Shell drops two North Sea wind projects in fossil fuel shift
BRITISH oil and gas giant Shell said on Monday that it was ending its participation in two offshore wind projects in the North Sea, part…
Business
US: Wall Street jumps, Nvidia and Palantir lead AI surge
WALL Street ended sharply higher on Monday, led by big gains in Nvidia, Palantir and other heavyweight AI-related companies following…
Business
Europe: Shares gain on hope of end to US government shutdown; Diageo shines
EUROPEAN shares rose on Monday, echoing a buoyant mood across global markets as investors cheered initial signs that the historic US…
News
Convicted Child Sex Predator Avoids Prison Thanks to Trump Pardon
Taake was convicted of attacking a police officer at the Capitol with bear spray and a whip during the riots. He had also previously been…
Business
How to know when your product-market fit is real—or just luck
You’ve got early traction. Customers are talking, revenue is growing, and your Slack is full of emojis. But somewhere between your…
Business
What’s Brooks Running’s Secret Sauce? CEO Dan Sheridan Opens Up
With the overall running boom on track, Brooks continues its hot steak. The brand, which ranks No. 1 in the national retail segment…
Business
Grindr chairman steps down amid his bid to take the company private
The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped…
News
Who Was Anna Kepner? School Student and Aspiring Cheerleader Dies Aboard Carnival Cruise Ship Sailing from Miami to Caribbean as FBI Launches Probe
An 18-year-old student died aboard a Carnival cruise ship traveling from Miami to the Caribbean. Straight-A student Anna Kepner, from…
News
Nord Stream sabotage suspect alleges abuse in Italian jail
A Ukrainian man imprisoned in Italy and accused of involvement in the 2022 bombing of the Nord Stream gas pipelines in the Baltic Sea, has…
Business
UK Retailer Footasylum Expands European Presence Through New Deal
Footasylum is making a play to expand its European presence. On Monday, the UK-based footwear and sportswear retailer inked a new…
Business
US: Wall Street advances on hopes of government reopening
WALL Street’s main indexes opened higher on Monday (Nov 10), with risk sentiment aided by signs of progress in Washington to end a record…
Business
Apollo to become majority shareholder in Atletico Madrid
US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football…
Business
mm2 Asia seeks High Court moratorium to prevent winding up resolutions for four months
It applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it Embattled…
Business
mm2 Asia seeks court protection as creditors, UOB and other lenders pound at the gates
It has applied for an order to prohibit current, pending or threatened proceedings from being commenced or continued against it Embattled…
News
Protesters storm Nigeria's new art museum
Protesters targeted a new multi-million dollar museum in Nigeria and forced organisers to halt a preview event ahead of Tuesday's planned…
Business
Grab to invest US$60 million in remote driving tech startup Vay
Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver Ride-hailing company…
Business
Frasers Property partners CIMB Singapore to provide SMEs with flexible financing solutions
Participating retailers at Frasers Property malls will get free account setup and payment terminals Frasers Property has announced a…
Business
Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition Glovemaker Riverstone Holdings reported a drop of 28…
Business
Vicom’s Q3 earnings up 45% as it installs more OBU units in Singapore vehicles
Vehicle inspection services also saw strong demand, buoyed by Singapore’s economic expansion Mainboard-listed Vicom posted S$9.9 million…