Business
Johnson & Johnson reveals 2025 sales forecast and plans for its orthopedics business
Johnson & Johnson on Tuesday raised its 2025 sales forecast after reporting quarterly earnings that topped Wall Street expectations, and…
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Business
Business
Alibaba expands cloud business with a second data center in Dubai
Chinese e-commerce giant Alibaba‘s cloud business unit has launched its second data center in Dubai, it said on Tuesday, nine years after…
Business
Goldman Sachs plans more job cuts to boost savings, leverage AI push
Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further savings across its…
Business
Overheating at night? An AI-enabled mattress cover could be the answer
A startup called Orion is ready to take on America’s sleep loss epidemic with a new, AI-enabled mattress cover that can adjust its…
Business
AMD says Oracle is pledging widespread use of new AI chips
Advanced Micro Devices (AMD), Nvidia’s nearest rival in artificial intelligence (AI) processors, said Oracle will deploy a large batch of…
Business
CEO Talks: Equinox Hotel’s Christopher Norton on Saudi Arabia Expansion, Artificial Intelligence
MILAN — When Christopher Norton joined Equinox Hotels from the Four Seasons Hotels and Resorts chain almost a decade ago, he stepped into…
Business
Did Manchester City let Kevin De Bruyne leave too soon?
'Legendary', 'pure class' and 'on another level' are just some of the terms used to describe Kevin de Bruyne this week. The Belgian is…
Business
Catalist-listed Ever Glory United proposes transfer to SGX mainboard
This is in line with its long-term strategy, says the engineering services provider Engineering services provider Ever Glory United…
Business
Walmart and Sam’s Club will let you shop directly with ChatGPT as retail giant announces deal with OpenAI
America’s largest brick-and-mortar retailer is partnering with the country’s most prominent AI firm in the clearest signal yet that…
Business
Centurion Corp acquires London site for £41 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio Mainboard-listed Centurion Corp has acquired a…
Business
Walmart partners with OpenAI to offer shopping on ChatGPT
The firms are jointly creating a certification programme to train employees on effectively using AI at work Walmart is teaming up with…
Business
IMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July The International Monetary Fund warned that the…
Business
Beau Greaves: Rise of darts star, who beat Luke Littler
Greaves started playing with her older brother Taylor, who had a dartboard in his bedroom, and quickly showed her aptitude for the game.…
Business
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading…
Business
Wall St opens lower on US-China tensions; bank results pour in
Wall Street’s main indexes opened lower on Tuesday (Oct 14) with renewed trade tensions between US and China souring sentiment, while…
Business
Fashionphile Acquires Luxe Collective, Expands Footprint into U.K. and European Luxury Resale Market
PARIS – U.S.-based Fashionphile has acquired Luxe Collective, marking its official entry into the U.K. and European markets. Financial…
Business
Citi revenue beats in every division as compensation costs climb
Citigroup beat Wall Street revenue estimates across all five of its major business lines, a haul that’s helping the firm manage rising…
Business
Meet the first-ever luggage with built-in AirTags
When Apple’s AirTag came out four years ago, one of the most obvious uses for it was for luggage. On my long trips to Asia, I always…
Business
Stuart Broad says Australia's team for Ashes is 'their worst since 2010'
Broad retired from playing after the Ashes series in England in 2023, when Australia retained the urn with a 2-2 draw. He added: "You…
Business
Broadcom to launch new networking chip, as battle with Nvidia intensifies
The Thor Ultra will rival Nvidia’s chips and strengthen Broadcom’s dominance in AI data centre networking Broadcom is launching a new…
Business
Tower 28, DedCool and Rizos Curls on Confronting Crises in Los Angeles
“Los Angeles runs through our brands. It’s the heartbeat of the company,” said Carina Chaz, founder and chief executive officer of…
Business
Singapore shares fall 0.8% even as Q3 GDP growth beats forecast
Shares on the Singapore bourse closed lower on Tuesday (Oct 14), even as the city-state’s economy grew faster than expected. The benchmark…
Business
Unlocking Amazon’s Power for Beauty Brand Growth
What brands do off Amazon is equally as important as what they do on Amazon — “even if you’re off Amazon, you’re on Amazon.” That was the…
Business
Samsung plans bonuses tied to share price in major pay overhaul
The move underscores the firm’s effort to address growing dissatisfaction within the ranks Samsung Electronics is awarding shares and…