Business
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
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Business
Business
US: Wall Street opens higher as US-China trade talks begin
Street’s main indexes opened higher on Monday (Jun 9) as investors watched a fresh round of negotiations between the United States and…
Business
Shareholders to vote on Great Eastern delisting on Jul 8
Independent directors of Great Eastern Holdings (GEH) are recommending for shareholders to accept OCBC’s conditional exit offer that will…
Business
Asia healthcare assets risk overvaluation as private investors scoop them up
As private equity (PE) investors pour money into Asian healthcare, some observers are concerned thatthis sector could soon overheat. Some…
Business
WWE-AAA Crossover Worlds Collide Becomes Company’s Most-Watched Live YouTube Broadcast Ever (EXCLUSIVE)
WWEtoday announced that Worlds Collide, its first joint Premium Live Event (PLE) with the recently-acquired Mexican promotion AAA, set a…
Business
Kim Heng inks deal with Singapore Energy Interconnections on submarine power projects
This comes after Singapore Energy Interconnections’ other project to enable low-carbon electricity imports from Indonesia to Singapore…
Business
Global convergence of sustainability disclosure standards – what boards need to know
SUSTAINABILITY disclosures have finally begun to align globally after a long, winding journey spanning three decades. What originated in…
Business
Doing away with SGX watch list may help the firms focus more on the long term: market watchers
The proposed removal of Singapore Exchange’s (SGX) financial watch list could benefit companies by allowing them to focus on business…
Business
EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise
Vietnamese electric vehicle maker VinFast on Monday (Jun 9) reported its sixth consecutive quarterly net loss as it continues to ramp up…
Business
Predatory Pricing Is More Myth Than Market Threat
Basic economic ideas explain why most alleged cases of predatory pricing represent something else entirely. Source link
Business
WPP Chief Mark Read Will Exit as Ad Industry Grapples With Massive Changes
British advertising giant WPP is hunting for a new CEO after the company announced early Monday morning that its current leader, company…
Business
How to get the most out of Google’s free AI Studio
This article is republished with permission from Wonder Tools, a newsletter that helps you discover the most useful sites and apps.…
Business
Singapore stocks close Monday higher ahead of US-China talks; STI up 0.1%
Local stocks rose on Monday (Jun 9), in line with gains in Asian markets on hopes that a fresh round of US-China trade talks will ease…
Business
Xbox finally reveals handheld console after decade of speculation
Tom Gerken Technology reporter Microsoft has finally revealed its highly-anticipated handheld console, years after it was first rumoured.…
Business
Qualcomm strengthens AI portfolio with US$2.4 billion Alphawave deal
US chipmaker Qualcomm agreed to acquire Alphawave for about US$2.4 billion on Monday (Jun 9), as part of efforts to strengthen its AI…
Business
Uber is launching a new Creative Studio for brands
Everyday, Uber books more than 30 million rides around the world. Each of these trips tells the company something about its customers.…
Business
DBS tops US$100 billion market value in Singapore Exchange first
DBS Group Holdings became the first listed company in Singapore to top US$100 billion in market value, helped by a softer US currency that…
Business
Banks want staff back at the office. There aren’t enough desks
Five years after the Covid pandemic fuelled an unprecedented boom in remote work, bank executives have become ever more vocal in their…
Business
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language…
Business
NHS calls for 200,000 new blood donors as supplies run low
The NHS has warned that it continues to face a "challenging" blood shortage as it calls for 200,000 new donors to come forward. Concern…
Business
Hong Kong to maintain US dollar peg despite geopolitical tensions
Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9),…
Business
L’Oréal Is Acquiring Medik8 Skin Care Brand
PARIS – L’Oréal is digging deeper into luxury skin care, taking a majority stake in Medik8. The news, announced Monday morning, confirms a…
Business
Bank of England risks repeat of Brexit pessimism as growth signals diverge
Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business…
Business
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…