Business
MI5 operating in new era of terror and state threats, says chief
MI5 is contending with near-record volumes of terrorist investigations and fast-rising state threats, the intelligence agency's boss has…
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Business
Business
Nestle, the world’s largest packaged food company, will cut 16,000 jobs
Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world’s largest packaged food company seeks to cut costs…
Business
Sheffield Wednesday: Championship club set to be served winding-up petition
Wednesday are second bottom of the Championship with six points from nine games after a torrid period off the field has left them with a…
Business
Spotify Partners With Sony, Universal, Warner and More to Develop AI Music Products
In a significant step towards interfacing with AI and its impact on the music industry, Spotify has partnered with the big three record…
Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
Business
Where to Shop for Plus Size Halloween Costumes!
As The Curvy Fashionista editors, we write about stuff we love and think you’ll like, too. We often use affiliate links, which means we…
Business
The 4 AI questions every CEO needs to ask to succeed
Every day another industry leader proclaims that everything will change with AI. While there is no question AI is the most transformative…
Business
Singapore shares dip 0.3%, even as regional markets rise
Shares on the Singapore bourse closed lower on Thursday (Oct 16), bucking the gains charted in most regional markets. The benchmark…
Business
The problem with Big Tech’s favorite carbon removal tech
While corporations, including tech giants like Microsoft, are betting big on this technology, there are a few potential problems with…
Business
How the Trump Oligarchy Works: The Case of Stephen Schwarzman
Blackstone was in the news Wednesday because it’s creating a new business unit to tap private equity’s prospective new market in 401(k)…
Business
Titan submersible imploded due to poor engineering, say US officials
Watch: Wreckage of the Titan submersible on the ocean floor OceanGate's Titan submersible imploded on its journey to the wreck of the…
Business
Investors call for greater disclosure in Toyota’s buyout of group company
Global investors have called on Toyota Motor to provide more disclosure about its planned buyout of group firm Toyota Industries,…
Business
UBS tightens scrutiny of client funds mainly in Singapore and Hong Kong amid regulatory pressure: sources
The Zurich-based lender is using Deloitte and KPMG to help screen client documentation UBS Group is increasing scrutiny of the sources of…
Business
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an…
Business
DBS, Banque Saudi Fransi join forces to boost payment flows across Asia, GCC
The partnership will boost GCC trade, finance and currency-clearing collaboration across the region DBS Group, the largest bank in…
Business
Nestle to axe 16,000 jobs as new CEO targets sales growth
Nestle will cut 16,000 jobs, new chief executive officer Philipp Navratil said on Thursday (Oct 16), as the world’s largest packaged food…
Business
Billions wiped off Nio’s market value as shares plunge 9.5% on news of GIC lawsuit
The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue Shares of Nio…
Business
TSMC Q3 profit blows past market forecast to a record on AI spending boom
TSMC, the world’s main producer of advanced artificial intelligence (AI) chips, posted a 39.1 per cent jump in third-quarter profit to…
Business
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross…
Business
Thai banks face lending income hit as weak economy persists
Margins will be pinched as interest-income gains are further limited, compounded by weak lending and bad debt Four of Thailand’s largest…
Business
Malaysia central bank says it will transition to transaction-based benchmark market rates
Malaysia’s central bank said on Thursday that it will transition from the Kuala Lumpur Interbank Offered Rate (KLIBOR) to the Malaysia…
Business
TSMC ADR premium tops two-decade high as global buyers pile in
Global investors are ramping up bets on Taiwan Semiconductor Manufacturing Company (TSMC) ahead of its earnings, confident that the…
Business
Banks and private credit clash after Dimon’s cockroach barb
The bickering underscores what’s at stake as a tidal wave of change sweeps across the financing landscape On Wall Street, everyone’s a…
Business
Meet Notewrks, Snif’s New Subbrand
Snif is taking aim at a new demographic and olfactive territory with the launch of its latest subbrand. Called Notewrks, the launch…