Business
Google buyouts are being offered to employees on search and other teams as shift to AI ramps up
Google is offering buyouts to certain employees in the United States and requiring more workers to return to offices as it continues to…
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Business
Business
Colin Walsh to Step Down as CEO of P&G’s Specialty Beauty Division
Procter & Gamble’s Specialty Beauty division has a new chief executive officer. Colin Walsh, who has held the position since July 2023, is…
Business
U.S. inflation report shows 2.4% increase in consumer prices
U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased…
Business
US: S&P 500, Nasdaq open near record levels after May inflation data
The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around…
Business
What’s Next as the Latest U.S.-China Trade Talks Conclude
We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before,…
Business
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs,…
Business
Guy Griggs Takes Reins of CNN’s Ad Sales Efforts
Guy Griggs is jumping from one news giant to another. Griggs, currently vice president of national sales for New York Times Co., will join…
Business
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Business
China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand
In its high-stakes trade talks with the United States, China has been trying to strike a balance in how it wields its market clout. It…
Business
The Download: Amsterdam’s welfare AI experiment, and making humanoid robots safer
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology.…
Business
AI bets that fuelled Big Tech’s surge now threaten rich profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins…
Business
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by same-day layoff notice
Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement…
Business
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by abrupt layoff notice
Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement…
Business
AirAsia’s 100-jet Paris order pits Airbus A220 against Embraer
Low-cost carrier AirAsia is poised to order about 100 regional jets at the Paris Air Show next week, with the Malaysian airline still…
Business
Pan-European Media Group Cordoba Launches With Ex-BBC Chief Tony Hall, Apple Siri Co-Creator Luc Julia as Senior Advisors (EXCLUSIVE)
Pan-European media group Cordoba has launched with former BBC director-general Tony Hall of and Apple Siri co-creator Luc Julia joining as…
Business
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather…
Business
L’Oréal and Nvidia Collaborate to Bring Next-Gen AI to Beauty
PARIS – L’Oréal and artificial intelligence chipmaker Nvidia are collaborating to unleash AI’s potential for beauty. The beauty giant said…
Business
Singapore shares buck regional trend to close lower; STI falls 0.4%
Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned…
Business
England: How worried should fans be after defeat by Senegal?
Before defeat by Senegal, England had won all three matches under Tuchel, beating Albania, Andorra and Latvia without conceding a goal.…
Business
Sony Music Forges Partnership With LuxuryKSA Group to Promote Saudi Arabian Music Talent
Sony Music Middle East has forged a strategic partnership with Saudi-based entertainment company LuxuryKSA to develop and promote…
Business
Asian Markets Edge Higher as Trade Talks Show Progress, Inflation Data in Focus
Asian markets edged up cautiously on Wednesday as investors were kept in check by some muted moves on the trade front. The latest meetings…
Business
Inditex Sales Slow as Economic Headwinds Hit the High Street
PARIS — Zara parent company Inditex is starting 2025 on its back foot, with lower-than-expected sales in the three months to April 30.…
Business
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995 Shares of Centurion rose on Wednesday (Jun 11)…
Business
World’s biggest sand battery to heat Finnish town without fossil fuels
A small town in Finland is about to ditch fossil fuels in its heating network thanks to a sand-filled energy storage tank the size of a…