Business
Skydance’s merger with Paramount Global wins FCC’s approval
PARAMOUNT Global’s merger with Skydance Media was approved by the US Federal Communications Commission, which backed the deal after the…
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Business
Business
IBM falls most in 15 months on tepid software sales
SHARES of International Business Machines declined the most since April 2024 after the company reported weaker-than-expected sales in its…
Business
Keppel DC Reit posts 12.8% rise in H1 DPU to S$0.05133
Keppel DC Reit posted a 12.8 per cent increase in distribution per unit (DPU) to S$0.05133 for its first half of the financial year ended…
Business
Four more traders appeal rate-rigging convictions after Supreme Court ruling
Four traders are appealing to have their rate-rigging convictions overturned after the Supreme Court quashed two rate-rigging cases on…
Business
Automated mobile robots are a cybersecurity risk
For several years I’ve been evangelizing about the growing ways automation and robotics are beneficial to all. From medical facilities to…
Business
Markets bet Beijing is getting serious about China’s overcapacity
Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing…
Business
Intel says revenue rose as it cut ranks
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its workforce to be…
Business
Urgency is a strategy
Across industries, caution is rising. CEOs are slowing down major strategies—from hiring to investment—as uncertainty grows. The Business…
Business
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the…
Business
Trump, Fed chief Powell bicker during tense central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the…
Business
AI For marketing: When to use it, when to lose it
Savvy marketing leaders recognize that AI is a powerful tool that can be used to reshape how teams operate. But even as AI tools rapidly…
Business
Trump, Powell tour Federal Reserve headquarters amid criticism over renovation price tag
President Trump said he won't fire Federal Reserve Chairman Jerome H. Powell, but said a project manager who was over budget on one of his…
Business
Europe: Shares close higher after ECB leaves rates unchanged
EUROPEAN stocks closed higher on Thursday after the European Central Bank held interest rates steady as expected, while investors cheered…
Business
US: S&P 500, Nasdaq hit new records despite big Tesla drop
The S&P 500 and Nasdaq edged up to fresh records on Thursday while the Dow retreated following a mixed round of corporate earnings that…
Business
GIC posts 3.8% 20-year annualised real rate of return; expects returns ahead will be more volatile
Sovereign wealth fund GIC reported an annualised rolling 20-year real rate of return of 3.8 per cent for its latest period ended Mar 31,…
Business
GIC to expand AI use after initial trials to review deals yield positive results
Artificial intelligence (AI) will have a foundational impact on the world, and offers unparalleled opportunities for investments and…
Business
‘Pressing need’ for investments in energy infrastructure: GIC
Sovereign wealth fund GIC sees a “pressing need” for investments in grid infrastructure and power equipment supply chains, as it bets on…
Business
Deckers Stock Surges After Hoka and Ugg Fuel Q1 Beat
Shares for Hoka and Ugg parent company Deckers Brands surged 15 percent in after-market trading on Thursday after the footwear maker beat…
Business
Average long-term U.S. mortgage rate eases to 6.74%
The average rate on a 30-year U.S. mortgage eased this week, offering little relief for prospective homebuyers facing record-high home…
Business
This old-school hobby is helping Hasbro defy economic headwinds
Hasbro Inc. (Nasdaq: HAS), the brand responsible for iconic games like Monopoly, Jenga, and Magic: The Gathering, saw its shares tick…
Business
Five ice hockey players found not guilty in Canada sexual assault case
Five Canadian ice hockey players accused of sexually assaulting a woman were all acquitted by an Ontario judge on Thursday. In a packed…
Business
‘Gilded Age’ Hits Series High 4 Million Viewers With Fifth Episode of Season 4
All that’s gilded is gold, it turns out. HBO‘s period drama “The Gilded Age” has hit another viewership high. Per HBO, the fifth episode…
Business
Trump says he wants Musk to ‘thrive’ as Tesla stock plunges
President Donald Trump took to social media Thursday morning to support Elon Musk’s car company, a startling development given their…
Business
Is the electric Chevy Equinox the next Tesla Model Y?
General Motors, the largest automaker in the U.S., announced its second-quarter financial results on July 22. The report was, overall, a…