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Wells Fargo suspends China travel after employee exit ban: source
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source familiar with the matter told…
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Lululemon’s best-selling black leggings pile up at outlet stores
Lululemon Athletica is facing slowing sales, fewer store visitors and waning demand for its iconic black leggings as the yogawear retailer…
Business
US: S&P 500, Nasdaq end at record highs after solid retail data
Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings…
Business
Europe: Shares see first daily gain in five on strong earnings
European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported…
Business
Consumers Are Focused on AI-Powered and Value Spending, While Retailers Face Supply Chain Challenges for the Second Half of 2025
The first half of the year was a learning curve for everyone. The economic uncertainties with the ever-changing tariffs put in place,…
News
Did Captain Sumeet Sabharwal Intentionally Crash Air India Plane? Investigation Focuses on Pilot Who 'Remained Calm' While First Officer 'Panicked'
Investigators examining the Air India crash are focusing on the actions of the captain, who stayed composed while the first officer…
Business
Saks Global Posts Q1 Top- and Bottom-line Declines, but Underscores Progress ‘Transforming’ the Business
Business across the luxury landscape is tough and Saks Global is feeling it. On Thursday, Saks Global released its first-quarter figures,…
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26-Year-Old Singaporean Man Arrested for Motor Vehicle Theft at Marsiling Road
A 26-year-old man was arrested by Singapore police for his suspected involvement in a case of theft of motor vehicle. The Singapore Police…
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Singapore: 46-Year-Old Man Arrested for Series of Cheating Cases at Woodlands Supermarket
A 46-year-old man was arrested for cheating after allegedly scanning and canceling more than S$500 worth of groceries at a Woodlands…
Business
Amazon’s AWS cloud computing unit cuts jobs
Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a Reuters…
Business
Cyber Espionage Surge Hits Taiwan's Semiconductor Sector, Analysts Warn
Chinese-linked hacking groups have escalated targeted cyber espionage efforts against Taiwan's semiconductor companies and financial…
Business
Nvidia CEO Dubs Chinese AI Models as "World-Class" as H20 Chip Sales Resume
Chinese artificial intelligence models being nurtured through the backing of Chinese companies are "world class," according to Nvidia CEO…
Business
Who are Jason Wei and Hyung Won Chung? Meta Hires 2 More OpenAI Engineers
Meta, the parent of Facebook, has recruited two high-profile researchers from OpenAI—Jason Wei and Hyung Won Chung—in its latest AI hiring…
Business
Uber to invest US$300 million in EV maker Lucid as part of robotaxi deal
Uber will invest US$300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next…
Culture
Megan Thee Stallion Reimagines Black Tie in Off-White Gown at Pete & Thomas Foundation 2025 Gala With Klay Thompson
Megan Thee Stallion gave black tie dressing a shimmering spin in an ornate gown with sparkling hip details courtesy of Off-White for the…
Business
US: Wall St opens marginally higher as markets weigh data
Wall Street opened largely steady on Thursday (Jul 17), as investors mulled over fresh economic data, while upbeat results from Taiwan’s…
News
France withdraws from Senegal, ending its permanent military presence in West Africa
DAKAR, Senegal (AP) — The French military completed its withdrawal from Senegal on Thursday, its last West African country with a…
Business
Samsung chairman Lee’s long legal saga ends with acquittal
Samsung Electronics executive chairman Lee Jae-yong was cleared of all charges related to accounting fraud and stock manipulation by South…
Business
India’s private market boom set to continue, as investors keep shunning China
A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s…
Business
No let-up in India’s private market boom as investors continue to shun China
A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s…
News
Utah Woman Admits to Luring Estranged Husband so Her Family Members Could Kill Him, Then Staged Crime Scene to Claim Self-Defense
A Utah woman who was charged with murder and criminal conspiracy after her husband's death has pleaded guilty. Investigators from the…
Business
Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani
Agri-specialist Wilmar International has agreed to acquire up to 20 per cent of the shares held by India’s Adani Commodities in the two…
Culture
“Cloud” Is a Cautionary Tale of E-Commerce—and the Summer’s Best Action Movie
Ryosuke Yoshii (Masaki Suda), the thirtysomething protagonist of the mesmerizing Japanese thriller “Cloud,” is never more content than…
Business
Singapore shares continue winning streak; STI up 0.7%
The benchmark Straits Times Index (STI) extended its winning streak on Thursday (Jul 17), tracking gains in regional markets. The STI rose…