Business
World Bank raises record US$100 billion for aid to poorest nations
THE World Bank received pledges to deploy a record of US$100 billion via its unit focused on low-interest loans and grants to the poorest…
Section
Business
Business
"Connections" December 6: Hints and answers for game #544
Connections is a fun game published by The New York Times. And researchers from the New York University Tandon School of Engineering have…
Business
Amazon successfully tests using delivery drones in Italy
AMAZON said on Thursday (Dec 5) it had successfully completed an initial test of using delivery drones in Italy, the first European…
Business
Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore up…
Business
Three Trade Suitors Have Checked In On Cubs $80 Million Cubs Star
Share ✓ Link copied to clipboard! The Chicago Cubs are reportedly looking to trade their star outfielder Cody Bellinger this winter.…
Business
Barclays promotes 116 staffers across bank to managing directors
BARCLAYS promoted 116 employees across the bank to its managing director ranks. The investment bank took the largest share of the…
Business
RHB says Suntec Reit unitholders should reject S$1.16 offer, sees positives for the Reit
Offer price is a 44% discount to the Reit’s net asset value, says the research house RHB has recommended unitholders of Suntec Real Estate…
Business
Gold heads for second weekly fall; spotlight on US payrolls data
GOLD prices held steady on Friday (Dec 6) but were headed for a second straight week of decline, while focus shifted to the US payrolls…
Business
Singapore shares open lower on Friday; STI falls 0.4%
SINGAPORE shares opened in the red on Friday (Dec 6) , mirroring declines in the broader Asian region. The benchmark Straits Times Index…
Business
Digital Core Reit acquires additional 15.1% stake in Frankfurt data centre
DIGITAL Core Real Estate Investment Trust (Reit), through its subsidiary Digital CR Singapore 5, completed its acquisition of an…
Business
Donald Trump announces new AI and crypto czar: what we know
Share ✓ Link copied to clipboard! President-elect Donald Trump announced that tech investor David O. Sacks will be his new White House AI…
Business
Intel names two chip industry veterans to its board amid CEO search
INTEL on Thursday (Dec 5) named two chip industry veterans to its board, as the struggling semiconductor firm looks for a new top boss…
Business
Stocks to watch: Sembcorp Industries, Suntec Reit, Digital Core Reit, SingPost
THE following companies saw new developments that may affect trading of their securities on Friday (Dec 6): Sembcorp Industries: The…
Business
Victoria’s Secret lifts guidance with positive start to holidays
VICTORIA’S Secret raised its outlook after reporting third-quarter sales that topped Wall Street expectations, saying shoppers had an…
Business
ECB seeks to speed up approvals for significant risk transfers
THE European Central Bank (ECB) is seeking to accelerate its approval process for significant risk transfers (SRTs), according to sources…
Business
Lululemon raises annual forecasts betting on robust holiday sales
LULULEMON Athletica increased its full-year forecasts on Thursday (Dec 5), betting on resilient demand for its athletic wear in the US…
Business
Ethan Ewing Is Looking Lethal in Abu Dhabi
We’ve seen Ethan Ewing shred Slater’s Lemoore tank plenty, and it's always impressive. But in this clip, from Abu Dhabi’s new Kelly Slater…
Business
German car seat manufacturer Recaro sold to Italian investor
The booth of the aircraft seat manufacturer Recaro at the Aircraft Interiors Expo. Recaro, a long-established manufacturer of seats for…
Business
Aviva is said to boost Direct Line takeover bid to £3.4 billion
AVIVA has increased its offer for Direct Line Insurance Group to about £3.4 billion (S$5.8 billion), days after its initial proposal to…
Business
Life discovered lurking under Antarctica’s frozen Lake Enigma
Antarctica’s Lake Enigma, located between the Amorphous and Boulder Clay glaciers, regularly experiences temperatures around 7 degrees…
Business
Mets Land $50 Million Silver Slugger Winner in Five-Player Trade Proposal
Share ✓ Link copied to clipboard! After finishing two wins shy of the World Series, the New York Mets have a lot of roster issues to…
Business
Property tycoon Gordon Tang and wife make conditional offer of S$1.16 each to acquire all units of Suntec Reit
PROPERTY tycoon Gordon Tang and his wife Celine have made a mandatory conditional cash offer to acquire all the units of Suntec Real…
Business
US: Wall Street opens muted with jobs data in focus
WALL Street’s main indexes opened subdued on Thursday (Dec 5) following record high closes for all three main indexes in the previous…
Business
Biggest Gambling Losses in History
Gambling can be thrilling, but it can also lead to huge losses. Throughout history, there have been many stories of people who lost a lot…