Business
Europe: Stocks close lower as caution lingers on US trade policy progress
EUROPE’S main stock index closed lower amid broader declines on Wednesday as investors monitored progress in trade negotiations with the…
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Business
Business
HP plunges after cutting profit outlook on tariffs, economy
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings…
Business
US: Stocks retreat as Treasury bond yields climb
Wall Street stocks retreated on Wednesday ahead of earnings from artificial intelligence titan Nvidia, with US Treasury bond yields…
Business
The trade war will cost 7 million jobs in 2025, according to a UN report. Here’s the breakdown
The International Labor Organization (ILO), an agency of the United Nations, has downgraded its global employment forecast for 2025,…
Business
Which Celebrity Beauty Brand Will Spark the Next Billion-Dollar Deal?
Hailey Bieber’s skin care brand Rhode just struck an agreement to be acquired by E.l.f. Beauty in a deal valued at a whopping $1 billion.…
Business
European Gymnastics Championships: GB's Jake Jarman and Ruby Evans win silver in first mixed team final
Great Britain's Jake Jarman and Ruby Evans combined to win silver in the first mixed team event at the European Gymnastics Championships…
Business
E.l.f. Beauty to acquire Rhode, Hailey Bieber’s skincare brand, in $1 billion deal
E.l.f. Beauty (NYSE: ELF) announced on Wednesday that it has signed a definitive agreement to acquire Rhode, the beauty brand founded by…
Business
Sam Altman and Jony Ive Will Force A.I. Into Your Life
Last Wednesday, OpenAI announced that it was acquiring a company called io, an artificial-intelligence-forward product-development firm…
Business
From flop to franchise: ‘Cyberpunk 2077’ is getting a sequel
A video game once synonymous with one of the most disastrous launches in history has not only redeemed itself, but will be getting a…
Business
Why Meta decided to finally embrace the iPad
Meta has spent 15 years shunning the iPad. Now it seems the company’s finally ready to embrace tablet lovers. WhatsApp users can text from…
Business
Man Utd booed off after 1-0 defeat by ASEAN All-Stars in Malaysia
A second-half goal from Myanmar winger Maung Maung Lwin was enough to give a South East Asia XI victory in front of an official attendance…
Business
7 unlikely pairings you’ll see at Summit Detroit
Fast Company is the official media partner of Summit Detroit. At Summit events, unlikely pairings of innovative yet seemingly disconnected…
Business
Why is GME stock down today? GameStop is betting $500 million on bitcoin, but investors aren’t buying it
GameStop is taking its promised bitcoin investment seriously—$500-million-worth-of-bitcoin serious, in fact. The video game retailer…
Business
J.K. Simmons to Lead ‘Westies’ Series at MGM+ as Premium Cabler Greenlights Crime Drama
J.K. Simmons is set for a lead role in the MGM+ drama “The Westies,” which has now officially been ordered to series. The show was first…
Business
Big banks eye cautious entry into crypto as Trump-era regulators ease path
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators,…
Business
Heathrow Airport chief asleep as airport closed over outage - report
Attempts to tell Heathrow airport's sleeping chief executive that the airport had been closed because of a power outage failed because his…
Business
5 ways the EU’s bold new startup plan could boost its tech ecosystem
The European Commission has unveiled ambitious plans to cut red tape and make the EU a more attractive place for tech businesses to scale.…
Business
RGE, TotalEnergies to develop solar power plant with battery storage in Indonesia
RGE and TotalEnergies on Wednesday (May 28) have signed a co-investment agreement to jointly develop a solar power plant with battery…
Business
Singapore Paincare receives privatisation offer at S$0.16 per share
Medical-services company Singapore Paincare has received an acquisition bid for S$0.16 a share from Advance Bridge Healthcare, a…
Business
The Black Death’s Economic ‘Dividend’
The week of May 19, 2025: Prosperity & population decline, tariffs, the debt, pharma, and more. Source link
Business
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Mainboard-listed media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics…
Business
Airbus warns airlines that delays will last three years: sources
Airbus is warning airlines that delays in deliveries will persist for another three years as it works through a backlog of supply chain…
Business
Who wants to come to America? More tourists are staying away, spending their money elsewhere in 2025
Between reports of travelers being arrested or hassled at border crossings and boycotts due to President Trump’s divisive rhetoric, it’s…
Business
US: Wall St muted at open after sharp rally, focus on Nvidia earnings
Wall Street’s main indexes opened subdued on Wednesday (May 28) after a sharp rally in the previous session, when cooling trade tensions…