Business
GM to wind down robotaxi operations championed by CEO Barra
GENERAL Motors’ (GM) Cruise self-driving car unit will exit the robotaxi business, a retreat from a market that proved costly and full of…
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Business
Business
15-Year-Old Western Australian Surfer Relives Shark Attack (Graphic)
Zachary Hlaing, age 15, was surfing off the coast of Mandurah, Western Australia, early Tuesday morning when the unthinkable happened. “I…
Business
What is Corporate Entrepreneurship?
Corporate entrepreneurship is when teams within a big company come up with, support, start, and run new businesses that use the company’s…
Business
Germany and 15 other EU countries want vapes included in tobacco tax
The Managing Director of the German subsidiary of e-cigarette manufacturer Reymont, Selim Oezder, stands at his company's stand at the…
Business
Google invests in venture to build energy parks for data centres
ALPHABET’S Google is investing in mega energy parks that will generate renewable power as the company races to fuel its data centres. The…
Business
HSBC raised fraud alarm that sparked collapse of fintech Stenn
A FINANCE firm backed by several influential Wall Street investors collapsed last week after HSBC Holdings discovered some of the…
Business
Man used Jackie Robinson contracts to steal millions from investors. Then he fled to Russia seeking asylum
The first contract Jackie Robinson signed along with Brooklyn Dodgers president Branch Rickey on Oct. 23, 1945, was an agreement to play…
Business
US: Wall St opens mixed, focus remains on inflation data
Wall Street’s main indexes opened mixed on Tuesday (Dec 10) ahead of a key inflation report this week that could influence the Federal…
Business
UK and Germany sign deal against people smugglers as Europe struggles to halt Channel crossings
LONDON (AP) — The U.K. and Germany pledged Tuesday to share intelligence and expertise against the people-smuggling gangs that send…
Business
Stellantis and CATL to invest €4.1 bn in joint Spanish battery plant
The Stellantis logo pictured on a banner outside the Opel plant in Eisenach. Martin Schutt/ZB/dpa The multinational car maker Stellantis…
Business
Nippon Life in talks to buy Resolution Life in deal worth US$8.2 billion
NIPPON Life Insurance is in the final stages of buyout talks with US life insurer Resolution Life Group Holdings, Resolution said on…
Business
Aims Apac Reit to divest warehouse in Singapore for S$24.4 million
The sale price is a 32.5% premium to the property’s valuation as at Mar 31, 2024 AIMS Apac Real Estate Investment Trust (AA Reit) is…
Business
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing…
Business
US finalises more than US$6.1 billion chips subsidy for Micron Technology
THE US Department of Commerce has finalised a subsidy of more than US$6.1 billion for memory chip maker Micron Technology to support the…
Business
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US…
Business
Prudential is said to consider selling stake in Eastspring
PRUDENTIAL is considering options including selling a minority stake in its asset manager Eastspring Investments to help broaden the…
Business
Stellantis, China’s CATL to invest 4.1 billion euros in EV battery factory in Spain
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries in…
Business
Fitch Ratings upgrades Astrea VI Class A-2 bonds
Ratings agency Fitch Ratings has upgraded the private equity (PE) backed Astrea VI Class A-2 bonds, part of a few tranches of Astrea bonds…
Business
Image of centuries-old Italian well shared with false claim origins 'remain a mystery'
The origins of the Pozzo di San Patrizio -- a historic structure in central Italy -- have been well-documented but online posts have…
Business
Wuthering Waves Redemption Codes for December 2024
Share ✓ Link copied to clipboard! Kuro Games released Wuthering Waves earlier this year, bringing a new open-world gacha game for RPG…
Business
Telco consolidation may not necessarily lead to recovery in mobile revenues
COMPETITION for mobile revenues among Singapore’s telcos has been intense, and it appears that prices for mobile phone plans have yet to…
Business
ECB officials to lock horns over how much cuts can boost economy
EUROPEAN Central Bank (ECB) officials agree that lower interest rates are needed to buoy the region’s shaky economy. How much they can…
Business
SGX securities turnover value rises 51% in November; volume up 12%
THE Singapore Exchange’s (SGX) total securities market turnover value rose 51 per cent year on year (yoy) to S$30.2 billion for November,…
Business
Keong Hong unit to sell stake in Katong Holdings for S$34.5 million
The group intends to utilise the net proceeds from the divestment for its working capital requirements and potential business opportunity…