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Trial opens in first US civil case on 2019 Boeing MAX crash
RELATIVES of victims in the fatal crash of a Boeing 737 MAX plane operated by Ethiopian Airlines headed to court on Monday for the first…
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US looks to invest in rare-earth firms in race with China
The Commerce Department and Pentagon on Monday (Nov 3) pledged financing and potential equity stakes in a domestic producer of rare-earth…
Business
Starbucks sells 60% stake in China unit to Boyu for US$4 billion
Starbucks is selling a majority stake in its China unit to private equity firm Boyu Capital for US$4 billion to help accelerate its…
Business
Starbucks to sell control of China business to Boyu Capital in US$4 billion deal
The chain has implemented measures such as reduced prices for select non-coffee beverages and an accelerated introduction of new localised…
Business
Starbucks to sell control of China business to Boyu, aims for rapid growth
The coffee chain has been credited with creating the market for coffee in China after entering in 1999 Starbucks said that it would sell…
Business
US: S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky
The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-related deals driving much of the gains even as the…
Business
Palantir hikes sales forecasts after record stock run-up
Palantir Technologies raised its annual revenue outlook to US$4.4 billion and outpaced analyst estimates for third-quarter sales, citing…
Business
Europe: Shares edge up as investors assess earnings; auto stocks advance
EUROPEAN stocks nudged higher on Monday as investors digested a new round of earnings reports, while auto shares gained on optimism that…
News
Agony for families as landslide death toll climbs in Uganda and Kenya
More than 40 people are now known to have died after multiple landslides struck Kenya and Uganda's mountainous border region last week. "I…
Business
Brooks Running Continues to Rack Up Market Share Gains
Brooks Running said it achieved No. 1 market share at national retail, according to data from Circana. The same data set from its U.S.…
Business
Sergio García Sánchez’s “Sudden Shower”
“I wanted to re-create the exact moment when passersby are caught in the rain,” the Spain-based artist Sergio García Sánchez said about…
Business
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov…
Business
US: Wall Street opens higher on optimism for AI demand
Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a…
Business
OpenAI, Amazon strike US$38 billion agreement for ChatGPT maker to use AWS
The deal is among the first major moves by OpenAI since it completed a restructuring last week Amazon.com will supply OpenAI with cloud…
Business
Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend…
Business
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year…
Business
Microsoft signs US$9.7 billion AI cloud deal with Australia’s IREN to secure Nvidia systems
Once fully implemented, the deal is expected to generate about US$1.94 billion a year for IREN Microsoft has signed an approximately…
Business
MAS to encourage livelier capital markets for alternative risk financing, strengthening Singapore’s insurance hub status
The central bank will extend its support to cover non-Apac risks and renewable energy products, while continuing to prioritise solutions…
News
Two Men Hospitalized After Four-Vehicle Collision Near Singapore's Changi Airport
Two men were rushed to hospital following a chain collision near Changi Airport on Sunday night, November 2. The Singapore Civil Defense…
Business
At Ninety, Arvo Pärt and Terry Riley Still Sound Vital
In the spring of 1976, a Latvian architecture student named Hardijs Lediņš organized a music festival at the Riga Polytechnic Institute.…
Business
The Surprising Endurance of Martha Stewart’s “Entertaining”
To most readers, this will seem like fantasy. To Stewart, it was a snapshot of real life. She grew up in a large, middle class Polish…
Culture
A Bulgarian Novelist Explores What Dies When Your Father Does
That’s where time visibly slows down, it dozes off in the corners, blinking like a cat looking through thin blinds. It’s always afternoon…
Culture
Anthony Hopkins’s Beckettian Memoir
Hamlet, to say the least, was in a similar pickle, and it’s almost comically appropriate that Hopkins’s memoir should be so…
News
Waymo killed KitKat. California neighborhood mourns a corner-store cat
San Francisco has been mourning the death of KitKat, a beloved corner-store cat who died after being struck by a Waymo robotaxi last week.…