Business
AI start-up Perplexity makes surprise $34.5bn bid for Google Chrome
Artificial intelligence (AI) start-up Perplexity has made a surprise $34.5bn (£25.6bn) takeover offer for Google's Chrome internet…
Section
Business
Business
Electric vehicle sales growth eases to 21% in July: research firm
GLOBAL electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as…
Business
Gold firms as soft US data pressures dollar, fuels rate-cut bets
Gold prices inched higher on Wednesday (Aug 13), supported by a weaker US dollar after tame US inflation data cemented bets for an…
Business
Japan’s bond market risks back in focus ahead of five-year sale
Japan will auction five-year government bonds on Wednesday (Aug 13) against the backdrop of renewed concerns over poor liquidity and…
Business
China’s US$11 trillion stock market is staging a quiet resurgence
Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the…
Business
Singtel Q1 profit soars 317.4% to S$2.9 billion on exceptional gains of S$2.2 billion
These came mainly from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger Singtel on Wednesday (Aug 13) posted a…
Business
Stocks to watch: Wilmar, CapitaLand Investment, City Developments, Yangzijiang Financial, Haw Par Corp
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 13): Wilmar International: The…
Business
Trump's unusual deal with Nvidia and AMD sparks concerns, legal questions
President Trump struck an unusual deal with Nvidia and Advanced Micro Devices that allows the companies to sell certain chips to China in…
Business
Perplexity AI offers Google US$34.5 billion for Chrome browser
PERPLEXITY AI offered Google on Tuesday US$34.5 billion for its popular Chrome web browser, which the internet giant could potentially be…
Business
Do Kwon pleads guilty to fraud over US$40 billion Terra collapse
Terraform Labs co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the US$40 billion collapse of the TerraUSD…
Business
Daryl Hall and John Oates Privately Resolve Legal Feud
Daryl Hall and John Oates have resolved their dispute over Oates’ plan to sell his half of their joint venture to Primary Wave Music.…
Business
Apparel Prices Inch Up in July, but Are Still Down Over the Past Year
Inflation stuck around in July with seasonally adjusted prices on goods across the economy up 0.2 percent from June, with apparel…
Business
Shoe Prices Started to Climb in July After Months of Declines
Shoe prices in July started to rise after months of declines. The increases appear in lock-step with rising inflation and sharply higher…
Business
Perplexity’s bid to buy Chrome is likely more stunt than strategy
The AI search startup Perplexity has tendered an unsolicited offer to buy Google’s Chrome browser for $34.5 billion, The Wall Street…
Business
Nike Files a $126.6 Million Lawsuit Against Clot Founder Edison Chen
Nike USA Inc. has filed a $126.6 million suit against Edison Chen, the founder and creative director of streetwear brand Clot, alleging…
Business
What If A.I. Doesn’t Get Much Better Than This?
For this week’s Open Questions column, Cal Newport is filling in for Joshua Rothman. Much of the euphoria and dread swirling around…
Business
Airline shares surge after airfare data shows pricing power returning
Shares of major U.S. carriers jumped on Tuesday after upbeat airfare data for July signaled improving pricing power for the industry, as…
Business
England enters fourth heatwave as temperatures reach 33C
Elizabeth Rizzini BBC Weather England has entered its fourth heatwave of the summer, with a number of places seeing temperatures higher…
Business
Luxury Beauty for Curvy Women Building Wealth
There’s something quietly powerful about slipping on a velvety body balm before logging into your business account or heading out to meet…
Business
Impact and Profit Go Hand-in-hand, ThredUp Impact Report Finds
Mission-oriented businesses can be highly successful, ThredUp’s latest impact report found. Cumulative all-time data revealed that the…
Business
JD Vance meets Robert Jenrick and Chris Philp in Cotswolds
Joshua Nevett Political reporter US Vice-President JD Vance has met Conservative shadow justice secretary Robert Jenrick and shadow home…
Business
Stock market rises after inflation report drives hopes for lower interest rates
The U.S. stock market is rallying toward records on Tuesday after data suggested inflation across the country was a touch better last…
Business
Kodak stock sinks 25%: Why the iconic company says it might go out of business
Eastman Kodak, the iconic American company known for its photography and film business, said it is at risk of going out of business,…
Business
Spirit’s survival hinges on finding more cash
Spirit Airlines can’t seem to reach its cruising altitude. The budget airline issued a warning late Monday that if it doesn’t find an…