Business
GM to buy EV batteries from China’s CATL for low-cost Bolt EV
The Chinese company is one of the world’s largest battery manufacturers and a major supplier of LFP batteries to the auto industry General…
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Business
Business
DBS shares jump 2.5%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Business
Inside ‘Terrestrial,’ the Twisty Fantasia Crowd Pleaser That May or May Not Be an Alien Fever Dream
Steve Pink‘s latest film, the twisty thriller “Terrestrial,” might not seem to have a lot in common with his biggest hit, the raucous 2010…
Business
Nextdoor cuts 12% of workforce in quest for profitability
Nextdoor Holdings, the neighbourhood social networking company, is eliminating 12 per cent of its workforce, part of a broader effort by…
Business
Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail
The following companies saw new developments that may affect trading of their securities on Friday (Aug 8): UOB: Trade loans are expected…
Business
Daiwa House Logistics Trust H1 DPU drops 8.6% to S$0.0224
The manager of Daiwa House Logistics Trust (DHLT) on Friday (Aug 8) posted a distribution per unit (DPU) of S$0.0224 for its first half…
Business
Paramount closes US$8 billion merger with Skydance after settling ‘60 Minutes’ lawsuit
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by…
Business
Profits over people and microplastics in every meal?
For decades, the plastic crisis has always felt far away, whether through time or across distance. But unfortunately, we’re no longer…
Business
SGX ekes out record high full-year profit despite 2.6% decline in H2
Singapore Exchange (SGX) reported its highest-ever full-year revenue and net profit since listing on Friday (Aug 8). This milestone comes…
Business
Sembcorp H1 earnings flat at S$536 million on lower gas revenue
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…
Business
Sembcorp declares ‘shopping season’ with strong Singdollar, even as earnings take a hit
Sembcorp Industries wants to take advantage of the stronger Singapore dollar to go “shopping” for deals, even as the company’s shares…
Business
Crypto’s real barrier isn’t trust, it’s understanding
For years, crypto headlines have fixated on trust issues: fraud, volatility, and the few bad actors who’ve given crypto a Wild West…
Business
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Business
Successful companies will integrate AI training into workflow
Most of us are failingat AI. While nearly 90% of CEOs expect AI to transform their organizations, only 16-23% report seeing meaningful…
Business
Trump taps top economic aide for vacant Fed seat
President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal…
Business
Instacart posts strongest order growth since 2022, beats earnings estimates
Instacart posted its strongest order growth since 2022 for a second straight quarter and beat earnings estimates for the current period, a…
Business
Trump opens door for crypto in retirement accounts
US President Donald Trump is pushing to make it easier for Americans to use retirement savings to invest in cryptocurrencies, private…
Business
Europe: Shares post biggest jump in over two weeks; Ukraine ceasefire in focus
EUROPEAN shares logged their biggest daily rise in over two weeks on Thursday, boosted by financial stocks as investors weighed mixed…
Business
Tesla disbands Dojo supercomputer team in blow to AI effort
Tesla is disbanding its Dojo supercomputer team and its leader will depart the company, according to sources familiar with the matter,…
Business
US: Nasdaq ends at record, Dow falls as tariff hikes take effect
The Dow fell while the Nasdaq finished at a fresh record on Thursday as markets grappled with worries over lofty equity valuations in…
Business
Saks Fifth Avenue’s Latest AI Venture: A Virtual Voice Assistant Called Sophie
Saks Fifth Avenue is getting deeper into AI. The luxury retailer has partnered with two tech companies, NLX and Amazon Web Services, to…
Business
Trump nominates White House economist Stephen Miran to Federal Reserve board
President Trump on Thursday said he'll nominate Stephen Miran, a top White House economic adviser, for the vacant seat on the Federal…
Business
GALECA Announces Diane Anderson-Minshall as First Female Executive Director and New Board of Directors
GALECA, The Society of LGBTQ Entertainment Critics, has announced that Diane Anderson-Minshall, former CEO of Pride Media has been named…
Business
New Discoveries Abound for Italian Marble and Fine Stone Companies
MILAN — Since the ancient Romans began excavating marble more than 2,000 years ago, the average price of Italian natural stone per ton has…