Business
Layoffs have exceeded 1.1M in 2025, the highest mark since the 2020 pandemic, consultancy says
Companies have cut more than 1 million jobs so far this year, a consulting firm said Thursday, citing restructuring, artificial…
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Business
Business
Klarna takes on Amex Platinum and Chase Sapphire with premium perks that don’t require a credit card
As Americans grapple with $1.23 trillion in credit card balances, Klarna Group is introducing a new way to access premium rewards—one that…
Business
The North Face, Skims to Launch Second Winterwear Collection
The response to the first collaboration between The North Face and Skims was so strong, it could have sold 10 times as much as it did. So…
Business
The Ashes - England v Australia, second Test day one: Highlights as Joe Root scores century
Joe Root scores his first century in Australia and finishes unbeaten on 135 as England close on 325-9 at stumps on day one of the second…
Business
Genesco Lowers Guidance After a ‘Meaningful Pullback’ in Sales Following Back-to-School
Genesco is managing expectations for the year after experiencing a noticeable slowdown in sales after back-to-school in the third quarter.…
Business
Sunpower Group to buy stakes in two China thermal energy projects
It will take 15% equity interest in Xinneng Thermal Power, and the remaining interest in Changshu Thermal Power that it does not own…
Business
Shredded cheese recall update: Great Lakes Cheese responds to FDA report on metal fragments in products
Headlines about a shredded cheese recall affecting more than a quarter of a million cases of various products have been making the rounds…
Business
AI Creator Says She Made Tilly Norwood ‘as Realistic as Possible’ to ‘Provoke More of a Reaction’
The creator of AI “actor” Tilly Norwood has admitted she made Norwood “as realistic as possible” to “provoke more of a reaction.” Eline…
Business
Crypto investor donates record £9m to Reform UK
Reform UK has received a record £9m donation from cryptocurrency investor and aviation entrepreneur Christopher Harborne, new figures from…
Business
How AI is uncovering hidden geothermal energy resources
In the case of Big Blind, this prospecting information gave the company enough confidence to purchase a federal lease, allowing it to…
Business
MVNOs face consolidation threat in 2026, say analysts
With the Simba-M1 merger, mobile virtual network operators could lose bargaining power and thus may have to tie up or exit Mobile virtual…
Business
Mobile virtual network operators face consolidation threat in 2026: analysts
With the Simba-M1 merger, MVNOs could lose bargaining power and thus may have to tie up or exit Mobile virtual network operators (MVNOs)…
Business
Will telco consolidation force mobile resellers to follow suit?
With the Simba-M1 merger, MVNOs could lose bargaining power and thus may have to tie up or exit Mobile virtual network operators (MVNOs)…
Business
California hammered as national job cuts jump to a five-year high
Job cuts across the country are the highest they have been in five years, led by layoffs in California and cutbacks in Washington.…
Business
Alphabet’s TPU AI chips are a potential US$900 billion ‘secret sauce’
The success of TPU chips is a primary reason for the company’s 31% fourth-quarter share rally Alphabet investors are growing increasingly…
Business
The Ashes: Joe Root's first ton in Australia keeps England afloat
Joe Root finally made a century in Australia to keep England afloat on a riveting first day of the second Ashes Test in Brisbane. With the…
Business
AMC Theatres CEO Adam Aron Had a Minor Stroke, Expects ‘Speedy and Full Recovery,’ Company Says
AMC Entertainment said chairman and CEO Adam Aron suffered a minor stroke while on a business trip in the U.K., but that he remains “at…
Business
Trump’s U-turn on fuel economy rules lifts European carmakers' shares
The Trump administration cast the change, aimed at making it easier for automakers to sell petrol-powered cars Shares of European…
Business
Ashes 2025-26: Joe Root scores first Test century in Australia during second Test
Joe Root ended his long wait for a Test century in Australia by reaching three figures on day one of the second Ashes Test in Brisbane. In…
Business
CapitaLand Ascott Trust, Sheng Siong Group to replace Olam Group, Yangzijiang Financial on STI reserve list
Hospitality player CapitaLand Ascott Trust and supermarket chain operator Sheng Siong Group will be joining the Straits Times Index’s…
Business
EU launches antitrust probe into Meta over use of AI in WhatsApp
Brussels has opened a new antitrust investigation into Meta Platforms over its rollout of artificial intelligence features in WhatsApp,…
Business
DayOne Data Centers seeks US$2 billion in upsized funding deal: sources
Singapore-based DayOne Data Centers is in advanced talks to raise more than US$2 billion in an upsized Series C funding round to help…
Business
HSBC’s long-term vision questioned after Nelson appointment
Nelson’s elevation comes as a surprise after HSBC’s yearlong hunt for external candidates HSBC’s appointment of Brendan Nelson as chairman…
Business
STI slips 0.4% amid fears of US economy slowdown
Across the broader market, decliners edge out gainers 259 to 256 after 1.6 billion securities worth S$1.3 billion change hands The…