Business
Newscast - (Another) Plan to Close Migrant Hotels
Available for over a year Today, hundreds of asylum seekers could be housed in two military sites in Inverness and East Sussex as the…
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Business
Friends of the CFDA Celebrate Cynthia Rowley
The Friends of the CFDA celebrated Cynthia Rowley’s Founder’s Award a little early by throwing a cocktail party at the designer’s West…
Business
From Policy to Profit: How Retirees Can Use Life Settlements to Fund New Investments
For many retirees, the idea of selling a life insurance policy sounds unusual at first. After all, life insurance has long been viewed as…
Business
UPS reports 48,000 jobs cut in the year to date
United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround…
Business
Apple suppliers Qorvo and Skyworks to merge, creating a $22 billion chip giant
Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value…
Business
ChatGPT is turning into a shopping mall—and PayPal’s running the registers
ChatGPT wants to be your personal shopper. PayPal announced Tuesday that its digital payment system will be integrated into ChatGPT,…
Business
OpenAI finalizes restructure and revises Microsoft partnership
OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation and that two…
Business
Disney’s Former Production Chief Sean Bailey to Launch New Production Venture Backed By RedBird
Sean Bailey, who recently exited Disney after 15 years as the motion picture group’s president of production, is launching a new…
Business
Nvidia to invest US$1 billion in Nokia in AI networking push
Nvidia Corp. plans to make a US$1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company’s pivot from…
Business
UnitedHealth’s Q3 earnings report shows turnaround efforts are gaining steam
UnitedHealth on Tuesday raised its annual profit forecast and said it aims to grow in 2026, in a sign that the turnaround efforts under…
Business
Temasek-backed consortium to take China’s ANE private at HK$14.33 billion valuation
[SINGAPORE/HONG KONG] ANE (Cayman) said on Tuesday (Oct 28) a consortium comprising its largest shareholder, Singapore’s Temasek Holdings,…
Business
The Stray Cats Cancel U.S. Fall Tour Due to Brian Setzer’s ‘Serious Illness’
The Stray Cats have announced the cancellation of their fall United States tour, citing member Brian Setzer‘s “serious illness.” In a…
Business
Elizabeth Warren Calls for Investigation of Top Banker Tied to Epstein
Senator Elizabeth Warren has called for an investigation into former Barclays CEO Jes Staley and “all current and former U.S. banking…
Business
Uber to plan investments in Hong Kong listings of Pony AI, WeRide
UBER Technologies is planning to invest in the Hong Kong listings of Pony AI and WeRide, according to people familiar with the matter,…
Business
Aldo Group Donates $375,000 to Two Ten’s Women in the Footwear Industry Initiative
Aldo Group is pledging its support of ’s Women in the Footwear Industry (WIFI) initiative with a new donation. On Tuesday, the Canadian…
Business
US: Wall St opens at record highs, spotlight on corporate earnings
Wall Street’s main indexes opened at record highs on Tuesday (Oct 28) after upbeat forecasts from companies such as UnitedHealth and UPS,…
Business
Apple races past US$4 trillion market value as latest models revitalise iPhone sales
Apple topped US$4 trillion in market value for the first time on Tuesday (Oct 28), the third Big Tech company to hit the milestone, as…
Business
Diabla Cine and We Are Not Zombies Sign Co-Production Deal For ‘The Paradise’ Ahead of Ventana Sur Series (EXCLUSIVE)
Bolivia’s Diabla Cine and Mexico’s We Are Not Zombies are joining forces for “The Paradise” (“El Paraíso”). The series, which has been…
Business
PayPal raises earnings guidance after announcing OpenAI deal
PayPal Holdings raised its full-year earnings guidance and announced a tie-up with OpenAI to embed its digital wallet into ChatGPT,…
Business
The Fed is expected to cut key interest rate to boost weak U.S. job market
The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as…
Business
First Reit’s 9-month distributable income falls 6.1% to S$34.8 million
Its DPU for period is S$0.0165, a 7.3% decline from same period in the prior year The manager of First Real Estate Investment Trust (Reit)…
Business
LHN’s co-living unit Coliwoo to offer 80.3 million shares at S$0.60 apiece in mainboard listing
The offering comprises a placement of 75 million placement shares to investors in Singapore and outside the United States as well as a…
Business
UPS stuns Wall Street with strong profit and 34,000 job cuts
United Parcel Service (UPS) smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fuelling confidence in…
Business
Mapletree Logistics Trust Q2 DPU down 10.5% at S$0.01815
The manager of Mapletree Logistics Trust (MLT) announced that the distribution per unit (DPU) for the trust’s second quarter ended Sep 30…