Culture
Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?
Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station[SINGAPORE] Sembcorp Industries’ acquisition of Alinta Energy is a “half-full” and “half-empty”...
Reddit files lawsuit against Australia’s social media ban
[SYDNEY] Message board website Reddit on Friday filed a lawsuit asking the High Court to overturn Australia’s social media ban for people under 16 as well as its inclusion...
TerraUSD creator Do Kwon sentenced to 15 years over US$40 billion crypto collapse
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud[NEW YORK] Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an...
Google faces EU fine next year for favouring own services, sources say
[BRUSSELS] Alphabet’s Google is expected to be fined by EU antitrust regulators next year for not doing enough to comply with EU rules against favouring its own services and products in...
Oil retreats as investors’ focus on Ukraine, US fuel supplies
[HOUSTON] Oil prices fell on Thursday as investors focused on Russia-Ukraine peace talks and eyed large surpluses in US petrol and diesel inventories. Source link
US stocks: Dow, S&P 500 post record closes; Oracle drags on Nasdaq
THE S&P 500 and the Dow boasted record closing highs on Thursday as investors favoured financial stocks after a Federal Reserve policy update that was less hawkish than expected while the...
Disney invests US$1 billion in OpenAI, strikes licensing deal
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff[NEW YORK] Walt Disney agreed to invest US$1 billion in OpenAI and...
S&P 500, Nasdaq opens lower on Oracle AI spending jitters
[NEW YORK] The S&P 500 and the Nasdaq opened lower on Thursday (Dec 11) as fresh worries over Oracle’s hefty AI spending plans overshadow optimism over a less hawkish...
Sembcorp to acquire Australian power company Alinta Energy in A$6.5 billion deal
The asset is country’s fourth-largest utilities provider with around 1.1 million customers[SINGAPORE] Sembcorp Industries will acquire Australia’s fourth-largest utilities provider Alinta Energy. In a bourse filing on Thursday (Dec...
Filipino typhoon survivors sue Shell over climate change
Typhoon Rai struck in December 2021, killing over 400 people and leaving hundreds of thousands homeless[LONDON] The survivors of a deadly 2021 typhoon in the Philippines have filed a...
