Section
Business
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears,…
Europe: Stocks down with bank and healthcare drag, US-EU tariffs in focus
European shares closed lower on Friday (Jul 11), as losses in banks and healthcare stocks weighed at the end of a week marred by US…
US: Stocks edge down from records amid tariff threats
Wall Street stocks retreated from records on Friday (Jul 11) as markets digested US President Donald Trump’s latest tariff threats while…
U.S. Apparel Imports From China Fell to a 22-Year Low in May Amid Trade War Escalation
Clothing imports from China fell to a 22-year low in May and were down by more than half (52 percent) from the same period in 2024 amid…
Intuit Expands Its IDEAS Small Business Program Across Nine U.S. Cities
Intuit is expanding on its Invest, Develop, Empower, Accelerate and Scale program this year, in partnership with the National Urban…
Levi’s Is Taming the Beast of Corporate Reinvention
The corporate reinvention is a fickle beast. One can be set off by a new chief executive officer, the passage of time or some retail…
England vs India: Jofra Archer makes up for lost time in third Test at Lord's
In the change of innings, Archer loosened up then stripped to the waist to change his shirt. It is hard to think of Fred Trueman doing the…
Millions face hosepipe bans as UK heatwave reaches 34.7C
Simon King Lead Weather Presenter Heat health alerts have been upgraded to amber for southern England, the Midlands and East of England as…
Prime Day 2025 Went Bigger on Discounts for Fewer Products
This year’s Prime Day, aka “Black Friday in July,” occurred in an unsteady retail market: the ever-changing tariffs, the cost of living…
Meet Devin: Goldman Sachs’ new AI software engineer that never sleeps
An AI called Devin just landed a job on Wall Street. Goldman Sachs just “hired” an AI software engineer made by the startup Cognition.…
Claire’s Could Sell Itself Via Bankruptcy Amid Tariff, Debt Struggles
A high debt load and added costs from higher tariffs is pushing the U.S. operations of tween retailer Claire’s to the brink. The…
It’s not just Bitcoin: Altcoin XRP’s price is also rising. Here’s a possible reason why
Earlier today, Bitcoin hit an all-time high of over $118,000 per token, giving many crypto investors hope that the digital coin king may…
Yahoo Creators platform hits record revenue as publisher bets big on influencer-led content
Yahoo’s bet on creator-led content appears to be paying off. Yahoo Creators, the media company’s publishing platform for creators, had its…
NTT DC Reit’s Singapore public offer 9.8 times oversubscribed
It has received applications for 294.8 million units compared to the 30 million available in public tranche of IPO The manager of NTT DC…
Creative Technology warns H2 revenue may be below target, with operating loss similar to that in H1
It says US tariffs and global trade tensions weakened consumer sentiment, dragging down revenue Creative Technology said that revenue for…
Glassdoor and Indeed layoffs: Job sites slash jobs amid shift toward AI
Yet another company is reducing its workforce amid a broader shift toward artificial intelligence. Recruit Holdings, which owns the online…
ChatGPT advises women to ask for lower salaries, finds new study
A new study has found that large language models (LLMs) such as ChatGPT consistently advise women to ask for lower salaries than men, even…
London's Heathrow eyes higher fees for £10b upgrade
It will add another 10 million passengers per year by 2031 at Europe’s busiest airport London’s Heathrow Airport on Friday (Jul 11) said…
Why is Bitcoin up today? $120,000 milestone in reach as cryptocurrency enjoys summer rally
Investors in reigning cryptocurrency champ Bitcoin are having a pretty good week. As of the time of this writing, the crypto is up over 8%…
Don’t take the race for ‘superintelligence’ too seriously
The technology industry has always adored its improbably audacious goals and their associated buzzwords. Meta CEO Mark Zuckerberg is among…
Who is Tan Teck Long, the former DBS veteran who is OCBC’s incoming CEO?
OCBC has announced that its chief executive Helen Wong, 64, will retire on Dec 31, 2025. Its head of global wholesale banking, Tan Teck…
The real workplace threat isn’t AI. It’s leadership disconnect
The steam engine in the 19th century, the microprocessor chip in the 20th—companies that figured out how to use them thrived; those that…
MAS, PBOC to deepen collaboration in green and transition finance
The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At…