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Business
Amazon bungles Wednesday layoff plan with misfired internal email
Amazon on Tuesday (Jan 27) appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for…
Gold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January — Gold prices rose above US$5,300 per…
SoftBank in talks to invest up to US$30 billion more in OpenAI, source says
BANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday.…
ANZ to combine staff in single location in Singapore office move
The firm joins other banks in the city-state grappling with conflicting goals of trying to reduce office costs Group Holdings plans to…
Hidden risks build at Vietnam banks on mounting debt guarantees
The country needs to balance economic growth targets with steps to curtail side effects from debt-fuelled expansion Vietnamese lenders are…
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in…
BlackRock cuts private credit executives hired pre-HPS deal
BlackRock is cutting about 10 people from its private financing solutions group as it continues to integrate its US$12 billion acquisition…
Stocks to watch: ST Engineering, Keppel, Hong Leong Asia, Sasseur Reit
The following companies saw new developments that may affect trading of their securities on Wednesday (Jan 28): Singapore Technologies…
ST Engineering books record S$18.7 billion in contract wins for FY2025
Singapore Technologies Engineering’s (ST Engineering) total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6…
S-Reits set for first DPU recovery in four years: Julius Baer
Singapore’s retail and office sectors are well placed to benefit in 2026, says analyst For the first time in four years, Singapore real…
Pinterest to cut ‘less than 15%’ of staff amid AI push
The company expects to complete the restructuring plan near the end of its third quarter, ending Sep 30, 2026 Pinterest said that it plans…
Inside Starbucks’ supply struggles: AI glitches, scattered suppliers and sandwich shortages
The coffee chain’s various problems include inaccurate automated counting, ancient computers Four Starbucks CEOs over five years have…
US stocks: S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to the latest earnings reports…
King and Queen meet Holocaust survivors at Buckingham Palace
King Charles III and Queen Camilla have met Holocaust survivors and lit candles of remembrance at Buckingham Palace to mark the…
Red-hot Western Trend Spurs Interest at Dallas Market
DALLAS — Not even an impending ice storm could dampen the spirits of the retailers and exhibitors who turned out for this January’s Dallas…
PVH Teams With OpenAI
Stefan Larsson, chief executive officer of PVH Corp., is looking to supercharge his reinvention of the Tommy Hilfiger and Calvin Klein…
British Army officer dies after incident during fire training
A 25-year-old British Army officer has died following an incident during live fire training, the Ministry of Defence (MoD) has confirmed.…
This company pioneered virtual therapy for OCD. Now it wants to do the same for PTSD
When Stephen Smith started NOCD 11 years ago, he wanted to build an app for people like himself—one of the 8.2 million Americans with…
‘Cold call with me’: The new TikTok trend built on phone call awkwardness
Sales reps, business owners and recruiters are documenting their cold calls online and cashing in on the viral content. Cold calling has…
Why investors and farmers are betting on organic agriculture
For decades, the discussion around organic farming has centered on important tenets of sustainability, environmental health, animal…
BTIG Analyst Sees Path for Nike Comeback in Greater China Market
Following Nike Inc.’s top leadership changes in China, BTIG analyst Robert Drbul is optimistic about the firm’s strategic approach to the…
Consumer confidence in the U.S. economy falls to lowest level since 2014
U.S. consumer confidence declined sharply in January, hitting the lowest level since 2014 as Americans grow increasingly concerned about…
WWE 'Stone Cold' Steve Austin celebration by Harry Brook should not be frowned upon, says Joe Root.
Joe Root hopes Harry Brook's 'beer smash' celebration will be "received the right way". The England captain celebrated his match-winning…