Business
Scorching European heatwave turns deadly in Spain, Italy and France
Two people were found dead by firefighters tackling a blaze in Spain's Catalonia region on Tuesday, as Europe endures scorching…
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Business
Business
Microsoft begins deep job cuts across Xbox division
Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software…
Business
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Microsoft to cut about 9,000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
UK weather: Cooler weather conditions set in across UK as heatwave ends
After record-breaking June temperatures and a searing start to July for many in England, it looks as though there will be no return to…
Business
French-Swiss software merger to mint Europe’s latest unicorn
French software firm LumApps is set to merge with Swiss counterpart Beekeeper in a deal that will create a new business valued at over…
Business
No-code platform Lovable eyes $150M raise and double unicorn status
Swedish startup Lovable is in talks to raise $150mn at a valuation just shy of $2bn, the Financial Times reports. The Stockholm-based…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
Italy’s RAI Cinema Unveils Lineup Featuring Johnny Depp and Penélope Cruz-Starrer ‘Day Drinker’
Italy’s RAI Cinema is the first international distributor to announce they have acquired Johnny Depp-starrer “Day Drinker” that marks…
Business
Princess of Wales talks of 'life-changing' cancer treatment
The Princess of Wales has spoken candidly about the life-changing long-term challenges of recovering after chemotherapy, as she visited a…
Business
Nordstrom's Anniversary Sale Is About to Drop—I'm Already Eyeing These 16 Beauty Finds
As someone who grew up in Seattle (where Nordstrom was founded), I like to celebrate the Nordstrom Anniversary Sale every year as the…
Business
Schroders picks Singapore for global digital assets hub
International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence. The…
Business
Visa, Mastercard race to tame a US$253 billion crypto threat
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defence. Tech firms and crypto…
Business
Lululemon claims Costco knocked off its designs. Online, the big-box retailer has already won
On June 27, Lululemon filed a lawsuit alleging that Costco has infringed on its copyright with several “knockoff” athleisure products.…
Business
Criminal Cases Review Commission: Chair of miscarriage of justice body quits
The head of the body responsible for investigating potential miscarriage of justices in England, Wales and Northern Ireland has resigned…
Business
How JioStar’s Sanjog Gupta Plans to Win India’s $130 Billion Sports Market: ‘The Journey Has to be Distinct and Unique’ (EXCLUSIVE)
From cricket to Coldplay, one executive is redefining how India consumes live entertainment. As India’s entertainment landscape undergoes…
Business
STI closes at record high of 4,010.77 as investors seek safe haven
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5…
Business
UOL leads STI to record high of 4,010.77
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5…
Business
Keppel's coup if Piyush Gupta becomes chairman soon.
Piyush Gupta is back at the heart of Singapore’s listed corporate scene. The 65-year-old, who left DBS in late March after serving as…
Business
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will…
Business
UOB Thailand, Frasers Property team up to help companies expand in Asean
The companies will jointly identify and support foreign direct investment opportunities, particularly for firms seeking to establish or…
Business
Aboriginal-led inquiry says genocide happened in Australia
British colonists committed genocide against Australia's Indigenous population in Victoria, a landmark Aboriginal-led inquiry has found.…
Business
Asian CFOs brace for downturn, but eye expansion: survey
More than eight in 10 Asian chief financial officers (CFOs) expect the global economy to worsen in the coming months – a markedly more…
Business
Heathrow shutdown caused by problem found seven years ago
Issues at an electrical substation which caused a fire that resulted in Heathrow Airport closing were first detected seven years ago but…