Business
Strait of Hormuz blockade to boost EV demand, energy watchdog says
Global sales of electric vehicles are likely to receive a boost from the war in Iran, the International Energy Agency (IEA) said on…
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boost
Business
SoCal's defense startups secure vital funding boost
A bill restoring crucial federal funding to defense startups in Southern California is on its way to the president’s desk after making it…
Business
Europe’s STOXX 600 hits record high on earnings boost; ECB in focus
Pan-European index is at 626.36 by 0945 GMT, with all major regional benchmarks in the black STOXX 600 rose 0.8 per cent to hit a record…
Business
Uber targets US$1 billion boost with 2026 European expansion
The company expects the move to generate an additional US$1 billion in gross bookings over the next three years Uber plans to expand its…
Business
Deutsche Bank looks to boost loans for rich clients’ sports bets
Billionaires with sports investments include India’s Mukesh Ambani, France’s Bernard Arnault and Josh Harris in the US Deutsche Bank is…
Business
Goldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
organ Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least 10 per cent, as the…
Business
GSK profit lifted by HIV, asthma drugs in boost to new CEO
Its adjusted earnings per share rises to 25.5 pence, higher than analysts’ expectations reported better-than-expected profit in the fourth…
Business
Uber forecasts profit below estimates as cheaper rides boost trips but hurt margins
Uber Technologies forecast first-quarter profit below market expectations and missed fourth-quarter estimates on Wednesday (Feb 4), as…
News
Opec+ agrees to keep oil output unchanged as Iran tensions boost prices
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand.…
Business
India’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become more…
Business
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said…
Business
Nike slashes 775 jobs in US to speed up automation, boost profit
is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and…
Unsorted
Changi Airport turns to driverless tractors to boost airside productivity
Changi Airport on Tuesday (Jan 20) announced that it has deployed its first fleet of fully autonomous tractors for airside operations…
Business
OpenAI to test ads in ChatGPT in bid to boost revenue
The move marks a major departure for the company that had so far relied on subscriptions OpenAI said it would start showing ads in ChatGPT…
Business
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances China’s central bank will lower interest…
Business
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of…
Unsorted
Chevron could see US$700 million-a-year boost from Venezuelan oil
Chevron could grow its cash flow by as much as US$700 million a year from increasing oil production in Venezuela as the Trump…
Business
Western Demand Continues to Boost Boot Barn Sales as Preliminary Q3 Results Exceed Expectations
Boot Barn disclosed late on Friday that its preliminary third quarter results exceeded expectations. Released ahead of its appearance at…
Business
Wall St opens lower; defence firms up as Trump calls for budget boost
Wall Street’s main indexes opened lower on Thursday (Jan 8), as investors turned cautious ahead of Friday’s crucial nonfarm payrolls…
Business
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in…
Business
Pop Mart adds Mexico production site to boost US supply
POP Mart International Group said a new manufacturing hub in Mexico has started operations, supplying collectible toys to meet surging…
Business
China to pay interest on digital yuan in bid to boost adoption
CHINA is about to start paying interest on its official digital currency in a fresh push to get more people to use it after about a decade…
Unsorted
Kyle Richards Gets a Boost from Chunky Platform Boots in Aspen
Kyle Richards bundled up for a walk around Aspen, grounded with a pair of winter-ready boots. The “Real Housewives of Beverly Hills” star…
Business
European shares close at fresh record high as Novo Nordisk drives healthcare boost
EUROPEAN shares closed at a new peak on Tuesday, powered by gains in the healthcare sector, after heavyweight Novo Nordisk clinched US…