Fashion
Microsoft denies training AI models on user data
MICROSOFT on Wednesday (Nov 27) denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel, to train artificial intelligence (AI) models.The response came...
IReit Global inks lease contract with Premier Inn to reposition Berlin Campus into mixed-use space
EUROPE-FOCUSED real estate investment trust (Reit) IReit Global has signed a lease contract with UK hotel chain Premier Inn for 10,348 square metres or 12 per cent of net...
China keeps buying US soy in surprise move after Trump’s win
CHINA is continuing to buy US soybeans, confounding some traders who had expected the flow of shipments to slow down ahead of a potential trade war between both countries.A...
Microsoft faces broad antitrust investigation from US FTC
THE US Federal Trade Commission (FTC) has opened an antitrust investigation of Microsoft, drilling into everything from the company’s cloud computing and software licensing businesses to cybersecurity offerings and...
Citadel, Pimco set to own stakes in Spirit Airlines post-bankruptcy
KEN Griffin’s Citadel Advisors, Pacific Investment Management Company (Pimco) and Western Asset Management are among the investment firms poised to own equity in Spirit Airlines after the budget carrier...
Starbucks Red Cup giveaway gives coffee chain much needed jolt
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking to stage a turnaround.The Red Cup Day...
British insurer Direct Line rejects Aviva’s £3.3 billion takeover bid
BRITISH insurer Direct Line Insurance on Wednesday (Nov 27) rejected a takeover offer of £3.3 billion (S$5.6 billion) from bigger rival Aviva, saying it “substantially undervalued” the company.On Nov...
Huge sports events are coming to streaming. Is the technology ready for prime time?
The much-hyped Mike Tyson fight against YouTuber-turned-boxer Jake Paul showed the potential power of Netflix to create live, global sports events on streaming video. For many people though, it...
HP, Dell’s weak forecasts spark share sell-off, doubts over PC market recovery
SHARES of Dell and HP fell on Wednesday (Nov 27) after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.
Dell...
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall over the market.
The individuals, who...
