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Air Canada cuts 400 management positions, or 1% of workforce
Air Canada said on Thursday it cut about 400 management positions, representing about 1 per cent of its workforce, after the country’s…
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Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. Gold prices rose on Friday…
Business
Six Wall Street bank chiefs hold most power since global crisis
The last time every major US bank boss also led their boards, Steve Jobs was launching the first iPhone and Bear Stearns had a market…
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Greg Berlanti Accepts Inaugural Social Impact Award at Teens and Screens Summit: ‘Young People are the Ones I Get My Greatest Sense of Hope From’
Greg Berlanti accepted the inaugural Greg Berlanti Social Impact Award at the UCLA Center for Scholars and Storytellers‘ annual Teens and…
Business
Stocks to watch: ST Engineering, UOI, Suntec Reit, OUE Reit, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Friday (Oct 24): Source link
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How prolific cowboy builder kept up cons despite criminal past
Martin JonesWest investigations Mark Killick is one of Britain's most prolific cowboy builders and has criminal convictions dating back to…
Business
Anthropic to use Google’s AI chips worth tens of billions to train Claude chatbot
ANTHROPIC is expanding its deal with Google to use as many as one million of the tech giant’s artificial intelligence chips, worth tens of…
Business
Bank of England chief Afua Kyei tops 2026 Powerlist as UK's most influential black person
Adina Campbell,UK correspondent and Anthea Lee Afua Kyei, the Bank of England's chief financial officer, has been named the UK's most…
Business
WGA Says Warner Bros. Merger Would Be a ‘Disaster’ for Writers
The Writers Guild of America came out swinging on Thursday against a merger between Warner Bros. and any other studio, saying such…
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US weighs quantum computing boost in effort to counter China
The effort shows how far the administration is willing to take its mandate to combat the rise of geopolitical rivals such as the Asian…
Business
Keppel DC Reit’s 9-month distributable income rises 55.5%
Keppel DC Reit reported distributable income of S$195.3 million for the nine months ended Sep 30, up 55.5 per cent from S$125.6 million a…
Business
Intel beats third-quarter profit estimates as cost cuts, investments pay off
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its…
Business
Blackstone profits soar but lower rates bring scrutiny to credit
The US$1.2 trillion firm is a giant non-bank lender in its own right, with credit dominating flows in the third quarter Blackstone sent…
Business
Apple begins shipping AI servers from Houston factory
Apple has started shipping artificial intelligence servers built in a factory in Houston, it said on Thursday, part of the company’s plans…
Culture
‘Hamnet’ Wins Big at the San Diego Film Festival While Eddie Vedder Doc ‘Matter of Time’ Earns Kudos
Chloé Zhao’s “Hamnet” was the big winner at the San Diego International Film Festival, winning both the best Gala Film (jury award) and…
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How a mafia poker scam allegedly stole millions using X-rays and tech
Celebrities, professional sports stars and wealthy gamblers sat at a table hoping to win big in a game of Texas Hold 'Em. But they didn't…
Business
Apple loses landmark UK lawsuit over app store commissions
Apple abused its dominant position by charging app developers unfair commissions, a London tribunal ruled on Thursday, in a blow which…
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Binance founder Zhao wins Trump pardon in latest clemency
The pardon has been widely anticipated by friends, associates and the cryptocurrency industry at large Binance co-founder Zhao Changpeng…
Culture
‘Sinners’ Cinematographer Autumn Durald Arkapaw on Shooting Jack O’Connell’s Grand Entrance During Magic Hour and Filming on Ultravision 70mm Film
Ryan Coogler sent his go-to cinematographer Autumn Durald Arkapaw the script for “Sinners” the night before she started shooting Gia…
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Bipartisan group of lawmakers calls on Trump to press China's Xi to release activist Jimmy Lai
A bipartisan group of more than 30 senators led by Rick Scott of Florida urged President Trump ahead of his meeting with Chinese President…
Business
Target to eliminate 1,800 roles, 8% of headquarters team
Target is eliminating about 8 per cent of corporate roles in its first major restructuring in years, according to a memo viewed by…
News
Putin defiant after Trump sanctions Russian oil majors over Ukraine
Russian President Vladimir Putin remained defiant on Thursday after US President Donald Trump hit Russia’s two biggest oil companies with…
Business
Target to Slash 1,800 Corporate Jobs
Target is eliminating approximately 1,800 corporate positions, laying off 1,000 employees and not filling about 800 vacant positions. The…
Business
Applied Materials to cut 4% of global staff after sales slow
Applied Materials, the largest US producer of chipmaking equipment, plans to cut 4 per cent of its global workforce as it copes with a…