Business
Tesla sells US$499 million of debt backed by solar equipment loans
TESLA sold US$499 million of bonds backed by loans offered to customers buying solar equipment. Deutsche Bank began marketing the…
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Business
Business
Nvidia to take Intel’s spot on Dow Jones Industrial Average
INTEL will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the…
Business
Europe: Stoxx 600 jumps 1% as banks lead market rebound, US election in focus
EUROPE’S main stock index notched its biggest one-day gain in five weeks on Friday (Nov 1), as banks led an overall market rebound after…
Business
US: Stocks rise as market eyes Fed decision after weak jobs data
WALL Street stocks rose on Friday (Nov 1) following strong Amazon earnings and weak US jobs data that was seen as boosting the likelihood…
Business
Former Cy Young Winner Blake Snell Opts Out Of Contract, Elects Free Agency
Share ✓ Link copied to clipboard! According to MLB insider Bob Nightengale, San Francisco Giants ace Blake Snell has opted out of his…
Business
Hassana, EIG sign MOU for energy transition projects in Middle East
Hassana Investment Company and EIG have entered into a memorandum of understanding (MOU) to work together on infrastructure and energy…
Business
Apple to invest up to US$1.5 billion in Globalstar for satellite coverage expansion
APPLE will invest up to US$1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider…
Business
No Signboard former chairman, CEO Lim Yong Sim fined S$420,000 for price rigging
NO SIGNBOARD’S former executive chairman and chief executive officer Lim Yong Sim was convicted and sentenced to a fine of S$420,000 on…
Business
KKR sees US$250 billion spent annually from data centre boom
SOARING demand for data centres to support artificial intelligence and cloud-computing will boost global spending in the sector to US$250…
Business
Parole Examiner Lee Spoilers: Lee Hak Joo Talks About Arrogant Chaebol Villian Ji Myung Seob
Parole Examiner Lee, the upcoming tvN drama starring Go Soo, Kwon Yu Ri, Baek Ji Won, and Lee Hak Joo, is only a couple of weeks away from…
Business
US: Wall St opens higher, boosted by Amazon
Stock indexes opened higher on Friday (Nov 1), as Amazon’s strong earnings mitigated Apple’s weaker China sales and investors weighed a…
Business
Temasek, Republic-backed blockchain fund eyes raising US$100 million
Superscrypt, a blockchain venture capital company backed by Temasek Holdings, plans to raise up to US$100 million for its second…
Business
Exxon’s US$8.6 billion profit beats estimate as volume offsets price weakness
EXXON Mobil beat Wall Street’s third-quarter profit estimate on Friday (Nov 1), boosted by strong oil output in its first full quarter…
Business
Amazon reassures investors with cloud growth, cost-cutting
AMAZON.COM reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs…
Business
China directs automakers to halt investments in EU countries supporting EV tariffs
China has directed its auto manufacturers to pause substantial investments in European Union (EU) countries that endorse additional…
Business
Universal Music sales beat estimates on subscription growth
Universal Music Group, the world’s largest record label, reported revenue that beat estimates on the back of subscriber growth and price…
Business
Chevron beats quarterly profit expectations on higher production
CHEVRON on Friday (Nov 1) beat Wall Street estimates for third-quarter profit, helped by higher oil and gas output, but overall earnings…
Business
CDL acquires 51% stake in Shanghai mixed-used site for 4.6 billion yuan
CITY Developments Ltd (CDL), together with its partner in China, Lianfa Group, have been awarded the tender for a mixed-use development…
Business
Undocumented migrants have no safety net for retirement. Many have no choice but to keep toiling
If Maria del Carmen Díaz, 69, and Jose Carlos Silva, 67, had the retirement of their dreams, they’d own a house somewhere in the…
Business
Singapore stocks edge down on Friday; STI falls 0.1%
SINGAPORE equities closed in the red on Friday (Nov 1) as the market returned from a one-day Deepavali break. The Singapore Exchange’s…
Business
Chua Hsien Yang to head Keppel Reit’s manager from Jan 1
Current CEO Koh Wee Lih will become managing director of business development at Keppel KEPPEL Reit’s manager on Friday (Nov 1) announced…
Business
UBS senior banker who pioneered ESG debt swaps leaves firm
He is among a select group of former Credit Suisse bankers who made it into top roles at UBS, after it acquired its troubled Swiss rival…
Business
Japan’s largest pension fund GPIF has worst loss since 2020
JAPAN’S government Pension Investment Fund (GPIF) posted its biggest quarterly loss since 2020 as a rebound in the yen erased gains on…
Business
Who Is Rachel Kennedy? Former Playboy Model Claims Diddy Lured Her to Tokyo Freak-Off, Made Her Watch JLo Videos as She Calls Her a 'Monster'
A former Playboy model who claims she was tricked into a "freak off" with Sean "Diddy" Combs describes the disgraced music mogul as a…