Business
Google unveils 5.5 billion-euro investment in Germany
GOOGLE unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros (S$8.3 billion) for a new data centre and…
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Data centers have huge water and carbon impacts. Building them in these states could reduce that
When Amazon proposed building its Project Blue data center in Tucson, Arizona, the company faced intense pushback. Residents raised…
Business
The RealReal’s Stock Soars to 38% Gain as Outlook Brightens
After 14 years of ups and downs, Wall Street is ready to believe again that The RealReal Inc. just might be the next big thing. Shares of…
Business
Europe: Stocks close at record high, led by buoyant healthcare shares, hopes for end to US shutdown
EUROPEAN shares closed at a record high on Tuesday, led by healthcare stocks, as investors anticipated an end to the US government…
Business
US: Dow notches record high close, traders bet on end to government shutdown
THE Dow Jones Industrial Average surged to a record high close on Tuesday, lifted by progress toward ending the longest US government…
Business
Oil up as investors balance sanctions risks, oversupply worries
Oil prices gained about US$1 on Tuesday on the impact of the latest US sanctions on Russian oil and the optimism over a potential end to…
Business
Missoni May Soon Become Part of the Authentic Brands Portfolio: Sources
Authentic Brands Group is in exclusive negotiations to purchase the Missoni brand, according to sources. If things go according to plan, a…
Business
Mercedes: Toto Wolff set to sell stake in deal which values F1 team at £4.6bn
The other shareholders in the team are Mercedes and chemicals giant Ineos, who each also own a third of the company. A Mercedes…
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Consumer watchdog CFPB to run out of money early next year after Justice Dept. rules funding illegal
The Consumer Financial Protection Bureau, a Wall Street cop signed into law by President Obama, is about to run out of money after the…
Business
Watchdog group demands OpenAI withdraw Sora 2 over deepfakes, privacy
The tech industry is moving fast and breaking things again—and this time it is humanity’s shared reality and control of our likeness…
Business
What On Could Say About Growth Prospects When It Posts Q3 Results
Shares of On Holdings AG have been trading off its highs as investors worry about future prospects amid a resurgence at Nike Inc. The…
Business
Liverpool v Man City: Howard Webb backs officials over disallowed Reds goal
Webb, speaking on the Match Officials Mic'd Up show, said that while he accepted there would be a difference of opinion, there were valid…
Business
The retirement lesson: Why you should start a 401(k) early
Retirement saving requires key decisions: when to start, how much to save, and where to invest. The investing decision has drawn more…
Business
When supply chain partners share data, everyone cuts carbon
To the uninitiated, the term Scope 3 might sound like an obscure technical label. However, for those managing corporate carbon emissions,…
Business
Biologist bitten in head by shark hopes to meet animal again
Rafael AbuchaibeBBC News Mundo Mauricio Hoyos still remembers the pressure that the jaws of a female Galapagos shark, over 3m (10ft) in…
Business
SoftBank announces it has sold its Nvidia shares for $5.8 billion
Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It…
Business
SoftBank’s US$5.8 billion Nvidia stake sale stirs fresh AI bubble fears
The Japanese tech investor needs the proceeds for initiatives including the US$500 billion Stargate project to expand US data-centre…
Business
BHG Retail Reit logs 94.2% committed occupancy rate in Q3, eyes acquisitions
The Reit’s manager is upbeat about economic conditions in China, even though its recovery “may take time” China-focused BHG Retail Real…
Business
Amazon just launched the ‘Everything Store’ for streaming TV ads
Amazon ushered in a new era for television advertising when it converted Prime Video into an ad-supported experience by default in 2024.…
Business
US: S&P 500, Nasdaq slip as tech valuation jitters resurface; federal reopening eyed
The S&P 500 and the Nasdaq opened lower on Tuesday (Nov 11) with concerns around elevated technology valuations resurfacing, while markets…
Business
Wilmar unit to acquire 13% of Mumbai-listed joint venture with Adani
The 46.5 billion rupee purchase will be funded by internal sources and bank borrowings A unit of agri-specialist Wilmar International will…
Business
SingPost to divest 14 HDB units for S$55.5 million
The postal service provider says the properties are ‘non-core’ to its principal business Singapore Post (SingPost) on Tuesday (Nov 11)…
Business
Transcript: Ro Khanna Says Schumer Must Resign In Wake of Budget Deal
Representative Khanna: Well, look, I think we clarified for folks, that the Affordable Care Act is important and what, and the Republicans…
Business
Microsoft to invest US$10 billion in Portugal AI data hub
The company is building the hub with Start Campus, a Portuguese developer, and British startup Nscale Microsoft will spend US$10 billion…