Business
US: Stocks mixed as Trump eyes trade deal, rips Powell
Wall Street stocks finished mixed on Thursday (Apr 17) as markets weighed more upbeat comments from US President Donald Trump on trade…
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Business
Business
Maryland joins big-spending blue states raising taxes to fill budget holes, fund liberal wish lists
Maryland's decision to impose steep tax increases follows the lead of other liberal-leaning blue states that love to spend, and are now…
Business
Italian Sustainable Shoe Brand and Consultancy ACBC Sells Majority Stake to Swiss Fund
MILAN — Italian sustainable shoe brand and consultancy ACBC — known for its modular sneakers engineered with a zipper system that ties…
Business
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While…
Business
Google held a monopoly in online ad tech, U.S. judge finds
In another major legal blow to Google, a federal judge on Thursday ruled that the search giant held an illegal monopoly over some…
Business
US dollar benefits from selling exhaustion, ECB cuts rates
THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while…
Business
World economy likely to avoid recession despite tariffs, IMF chief says
The global economy is likely to avoid a recession, despite the hit to growth from US President Donald Trump’s tariff rollout, the head of…
Business
As AI swamps music platforms, Deezer is fighting back — unlike Spotify
Songs generated by AI tools such as Suno and Udio are flooding Deezer — but the French music streaming platform is trying to fight back.…
Business
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the…
Business
US: S&P 500, Nasdaq open higher; UnitedHealth weighs on Dow
The S&P 500 and the Nasdaq opened higher on Thursday (Apr 17), with focus on US-Japan tariff talks, while a slump in UnitedHealth’s shares…
Business
Economists Face a Legitimacy Crisis
Economists have slowly eroded their reputation as an intellectual class. Is there a solution? Source link
Business
AmEx profit rises on resilient card spending
Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlier American Express reported a 6…
Business
Robert Jenrick adds hundreds of contacts to WhatsApp group in mix-up
Hundreds of Westminster insiders were added to - and then swiftly deleted from - a WhatsApp group set up by shadow justice secretary…
Business
Chinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as…
Business
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already…
Business
‘Fallacy’ to say OCBC does not know insurance business: board chairman
It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH),…
Business
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage…
Business
Retail’s Crossroads: Plotting a Course to Redefine Success
The retail industry finds itself at a critical inflection point as it grapples with a global trade war, inflationary pressures, shifting…
Business
Blackstone's Q1 profit beats on robust private equity, credit performance
Blackstone reported a higher-than-expected profit for the first quarter on Thursday (Apr 17), driven by proceeds from asset sales across…
Business
Toby Carvery owner 'sorry' for felling ancient Enfield tree
Toby Carvery's owner has apologised after the company felled an ancient oak tree and admitted "we need to tighten our protocols" in a…
Business
Startup contest seeks sustainable solutions to AI's energy demands
A new contest is searching for solutions to a defining problem of the AI era: soaring energy consumption. The Energy Innovation for AI…
Business
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9% The Straits Times Index (STI) continued to…
Business
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
In just three months, private equity markets’ initial optimism for a busier year has largely dissipated. Instead, the turmoil unleashed on…
Business
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it…