Business
OpenAI's board rejects bid from Elon Musk-led group
The feud between Elon Musk and rival Sam Altman took a new turn on Friday when OpenAI’s board rejected a $97.4-billion offer by an…
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Business
Business
Blackstone weighs US$2 billion sale of gas explorer Olympus
BLACKSTONE is exploring a sale of Olympus Energy, a natural gas explorer in the Appalachian region that could be valued at up to US$2…
Business
In pictures: Couples say We Still Do at Coventry Cathedral
Dozens of people confirmed their love for each other on a special Valentine's Day event at a city cathedral. Organised by BBC CWR, the We…
Business
Meta layoffs hit Singapore as tech giant cuts global workforce
JOB cuts by social media giant Meta have hit Singapore, according to public posts on professional networking platform LinkedIn and sources…
Business
Lower inflation wouldn’t assure rate cuts, Fed’s Lorie Logan says
US FEDERAL Reserve Bank of Dallas president Lorie Logan urged policymakers to remain cautious in the coming months, reiterating lower…
Business
Nokia to gain unconditional EU nod for US$2.3 billion Infinera deal: sources
NOKIA is set to secure unconditional EU antitrust clearance for its US$2.3 billion acquisition of US optical semiconductors and networking…
Business
Super League: Hull KR 19-18 Castleford Tigers
In a frantic opening, Robins new boy Jared Waerea-Hargreaves thought he had forced himself over the line but, following a captain's…
Business
Italy investigates Amazon over alleged 1.2 billion euro tax evasion
ITALIAN prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros…
Business
EXCLUSIVE: CEO Marc Metrick Says Saks Global Will ‘Reset’ the Multibrand Luxury Distribution Model
After a tough 2024, the newly formed Saks Global has a master plan to “reset” how it conducts business and has begun providing some…
Business
Europe: Shares log longest weekly streak of advances in a year
EUROPE’S main stock index closed lower on Friday (Feb 14), as investors paused following four successive sessions of gains, while luxury…
Business
US: Stocks end volatile week on muted note
WALL Street stocks finished mixed on Friday (Feb 14) following lacklustre US retail sales data in a muted finale to a volatile week. US…
Business
Reimagining the Jewelry Shopping Experience
In this week’s episode of WWD Voices, Nicole Wegman, founder and chief executive officer of Ring Concierge, a fine jewelry company, joins…
Business
Loved-up royals share Valentine's Day photos
"My love, I will eat burgers & fries and fish & chips with you forever. Thank you for you," wrote Meghan, the Duchess of Sussex, in a…
Business
K-beauty Retailer Olive Young Is Setting Up a U.S. Subsidiary in Los Angeles
K-beauty retailer Olive Young is betting big on the U.S. market. The CJ Group-owned company, which operates more than 1,350 stores in its…
Business
Paul Mescal, Josh O’Connor Gay Romance ‘History of Sound’ Bought by Mubi for U.S. as Focus Takes International (EXCLUSIVE)
“The Substance” and “Queer” distributor Mubi is continuing its acquisition streak, picking up “The History of Sound,” the anticipated gay…
Business
Retail Sales Start Out Slowly for 2025 With 0.9% January Decline
Shoppers put away their pocketbooks after splurging some for the holidays. January retail and food service sales fell a seasonally…
Business
Pete Davidson’s Tattoo-free Campaign Earns Reformation $1.2 Million in Media Exposure
Pete Davidson debuted his tattoo-free look on Reformation‘s Valentine’s Day campaign, released on Wednesday, and the photos quickly went…
Business
UOI’s net profit increases 10% to S$27 million in H2 FY2024
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$27 million for the second half of its 2024 fiscal year ended…
Business
UOI’s H2 profit down 9.8% at S$15.6 million
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$15.6 million for the second half of its 2024 fiscal year…
Business
Uber, Bolt and Addison Lee drivers strike on Valentine's Day
Jacqueline Howard BBC News Thousands of Uber, Bolt and Addison Lee drivers are logging off during peak hours on Valentine's Day in a…
Business
Rachel Reeves: No concerns raised with me about my expenses
Billy Kenber Political investigations correspondent Becky Morton Political reporter Chancellor Rachel Reeves has said no concerns were…
Business
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound…
Business
Grand Centrex’s Nasdaq listing fuels ambitions of becoming video game developer
It aims to eventually build a sizeable game studio in Singapore, capable of producing blockbusters VIDEO game distributor and publisher…
Business
US: Wall St subdued at open as markets await tariff details
WALL Street’s main indexes opened flat on Friday (Feb 14), as investors awaited more clarity on US President Donald Trump’s reciprocal…