Business
Ghibli-inspired viral feature drives record ChatGPT usage
The frenzy to create Ghibli-style AI art using ChatGPT’s image-generation tool led to a record surge in users for OpenAI’s chatbot last…
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Business
Business
US: Wall Street opens lower as Trump tariffs loom
US stock indexes opened lower on Tuesday (Apr 1), marking a gloomy start to the quarter, as investors braced for the impending storm of…
Business
Latin Music Revenue Exceeds $1 Billion for Third Straight Year, but Grows Only 6% From 2023: RIAA Report
Latin music revenues in the United States grew by 6% in 2024, exceeding $1 billion for a third consecutive year. This marks the ninth…
Business
Intel will spin off non-core units, says CEO Tan Lip-Bu
Intel chief executive officer Tan Lip-Bu said the chipmaker will spin off assets that are not central to its mission and create new…
Business
On Co-CEO Marc Maurer to Leave Company After 12 Years
On Holding is transitioning to a single chief executive officer. The Zurich-based sports brand said Tuesday that co-CEO Marc Maurer will…
Business
Water, energy and phones: What you can do about the seven bills going up this week
The start of April means several bills are going up, putting extra pressure on household finances. For some payments, such as energy,…
Business
EXCLUSIVE: Former Flos B&B Italia Group CEO Daniel Lalonde Moves to Vita, a Division of Fiskars Group
MILAN – Seasoned luxury executive Daniel Lalonde, who recently exited his role as Flos B&B Italia Group’s chief executive officer, has…
Business
Straits Times Index closes slightly lower after cutting intra-day losses
The Singapore blue-chip gauge Straits Times Index (STI) slid almost 0.8 per cent during intra-trading but managed to erase the losses and…
Business
UltraGreen.ai is said to mull up to S$400 million IPO in Singapore
The company is working with financial advisers to help plan an offering that could take place in Singapore as soon as this year…
Business
UOB to take legal action against former Yang Kee Logistics CEO, The Online Citizen over ‘defamatory’ remarks
The bank says Ken Koh failed to retract and apologise for the allegations he made UOB will initiate legal proceedings against Ken Koh, the…
Business
Coinbase sees worst quarter since FTX fell as crypto slides
Shares of Coinbase Global and other firms linked to cryptocurrencies were hammered this quarter as growing concerns about the US economy…
Business
‘The Gentlemen’ Producer Moonage Pictures Acquired by ITV Studios in Major Stake Deal
ITV Studios has acquired a majority stake in indie Moonage Pictures, the production banner behind Netflix hit “The Gentlemen” and teen…
Business
Hooters files for bankruptcy as brand eyes turnaround plan
It listed assets of US$50 million to US$100 million and liabilities in the same range in its petition Hooters of America has filed for…
Business
European private equity company Inflexion opens Singapore office
Move includes hiring a managing director for investor relations focusing on Asia-Pacific London-based private equity company Inflexion is…
Business
Temasek-backed 65 Equity Partners, Inflexion to make minority investment in Kee Safety
Global investment firm 65 Equity Partners and Inflexion, a London-based private equity firm, announced on Tuesday (Apr 1) their plans to…
Business
Singapore's GLP closes first digital infrastructure fund at US$358 million in AUM
Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with…
Business
Unilever Snaps Up British Sustainable Deodorant Brand Wild
Unilever has acquired British sustainable deodorant brand Wild for an undisclosed sum. Other terms of the deal also were not disclosed,…
Business
UOB cuts interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
Australia’s central bank holds rates steady, warning of ‘pronounced’ global risks
Australia’s central bank on Tuesday left its cash rate steady as widely expected, saying it was still cautious about the outlook, although…
Business
Australia’s central bank holds rates as it frets over trade war risk
Australia’s central bank on Tuesday (Apr 1) left its cash rate steady as widely expected but took a small step towards further easing in a…
Business
Shell completes Singapore refinery sale to Chandra Asri-Glencore joint venture
Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on…
Business
Ho Bee Land drops AVJennings bid; Australian property developer to be acquired by US fund
Real estate group Ho Bee Land on Tuesday (Apr 1) said it has decided not to proceed with its offer for Australian property developer…
Business
Several key executives exit SingPost
The company is left with group chief operating officer Neo Su Yin, group CFO Isaac Mah, acting CEO for the international business unit Gan…