Business
Nasdaq profit tops estimates on higher trading volume, fintech demand
Nasdaq also saw broad-based growth across its financial technology and software divisions Exchange operator Nasdaq beat Wall Street…
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Business
Business
Coinbase acquires investment platform Echo in $375 million deal
Crypto heavyweight Coinbase said on Tuesday it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to…
Business
Third survivor quits grooming gang inquiry panel
A third abuse survivor has resigned from their role in the government's inquiry into grooming gangs. "Elizabeth" - not her real name -…
Business
US: Wall Street opens flat as investors assess earnings for direction
Wall Street’s main indexes opened flat on Tuesday (Oct 21), as investors assessed a wave of quarterly earnings from corporate majors. At…
Business
Warner Bros. Discovery Says It Is Evaluating Acquisition Offers From ‘Multiple Parties’
Warner Bros. Discovery is reviewing “strategic alternatives” in light of “unsolicited interest” it has received from multiple parties for…
Business
How to prepare for major disruptions like the recent AWS outage, according to experts
A major Amazon Web Services outage disrupted scores of online platforms on Monday — leaving people around the world unable to access some…
Business
3M raises 2025 profit forecast as margin-focused strategy pays off
3M has leaned on product innovation under CEO Bill Brown, who took the helm in 2024 3M on Tuesday (Oct 21) raised full-year profit…
Business
Coca-Cola tops quarterly revenue estimates on steady soda demand
It reported quarterly revenue of US$12.5 billion, compared with estimates of US$12.39 billion Coca-Cola’s revenue and profit exceeded Wall…
Business
Bank of England’s Bailey warns First Brands, Tricolor collapses may herald worse to come
The recent collapses of US car parts maker First Brands and auto dealership Tricolor may be a warning of much bigger financial problems to…
Business
ProSiebenSat.1 Shakeup: Bert Habets Steps Down as Board Names Marco Giordani New CEO After Berlusconi Takeover
Marco Giordani, CFO of Berlusconi family-backed MFE-MediaForEurope, has been appointed new CEO of Germany’s ProSiebenSat.1, succeeding…
Business
‘I want it to be a community’: Brian Chesky on Airbnb’s AI and social reinvention
Brian Chesky, the CEO of Airbnb, still admires Facebook. Not the Facebook of today, but the Facebook circa 2005. When it pretty much just…
Business
OpenAI recruits ex-bankers to train AI to eliminate banking grunt work
Participants are paid US$150 per hour to write prompts and build financial models for a range of transaction types OpenAI has more than…
Business
Walmart Adds Select Sneakers From Stadium Goods to Marketplace Platform
Walmart is continuing to invest in high-demand footwear via its latest collaboration with Stadium Goods. Manish Joneja, executive vice…
Business
Daniel Naroditsky, US chess grandmaster, dies aged 29
US chess grandmaster and online commentator Daniel Naroditsky has died aged 29. The popular chess player's family announced his…
Business
Soilbuild Construction mulls spin-off, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Business
Soilbuild Construction mulls spinoff, SGX listing of precast and prefab business
Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals Soilbuild…
Business
Overnight Wall Street rally lifts Singapore counters; STI rises 1.2%
Across the broader market, gainers outnumber decliners 429 to 199 after 1.6 billion securities worth S$1.7 billion change hands An…
Business
Global carmakers race to beat China’s rare earths deadline
[LONDON/BERLIN] Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives…
Business
Two grooming gang survivors quit national inquiry panel
Jennifer McKiernanPolitical reporter Two abuse survivors have quit their roles in the government's inquiry into grooming gangs. Fiona…
Business
Seatrium must manage its risks well as it tackles offshore headwinds
The company’s best defence is to broaden its non-oil and gas portfolio, in both geography and technology The unexpected termination of a…
Business
Japan warns Vietnam of job losses as Hanoi petrol-powered motorbikes ban hits Honda
The ban could result in production interruptions and the risk of bankruptcy for companies in the supply chain [HANOI/TOKYO] The Japanese…
Business
Tokyo Gap-Financing Market Launches Awards Program, Taps Cannes and Venice Reps for Producer Sessions
The Tokyo Gap-Financing Market is introducing its first awards program at the sixth edition of the industry platform, which runs Oct.…
Business
Chipmaker CXMT plans Shanghai listing with 300 billion yuan valuation: sources
[BEIJING/SINGAPORE] Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering in Shanghai as soon as…
Business
US-Australia rare earths deal is a start but won’t shake China dominance any time soon
US and Western allies seek to loosen China’s grip amid rising trade and security tensions Donald Trump’s backing of Australia’s critical…