Business
Nvidia’s CEO dismisses fears AI will replace software tools as stock sell-off deepens
He says the worries are misguided, and that AI will rely on existing software rather than rebuild basic tools from scratch…
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deepens
Business
Singapore stocks slip on Monday as precious metals rout deepens; STI down 0.3%
Singapore stocks ended lower on Monday (Feb 2), tracking regional peers amid a sharp sell-off in precious metals that extended from the…
Business
Gold and silver plunge deepens after Friday's losses
Precious metals hit record highs in late January as investors flocked to the so-called safe haven assets. Source link
Business
China deepens probe into Meta’s landmark US$2 billion buyout of Singapore-based Manus
ING is deepening an investigation into Meta Platforms’ US$2 billion acquisition of Chinese-founded artificial intelligence (AI) startup…
Business
Bitcoin dips back below US$90,000 as global selloff deepens
BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to…
Business
BNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT
The New York-based bank has invested heavily in AI and culture transformation and is ready for its next phase of change, says Vince in an…
Business
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines Nike is running out of time to prove its China…
Business
Ben & Jerry's: Row deepens as three board members removed
Three members of Ben & Jerry's independent board will no longer be eligible to serve in their roles, after the ice cream company…
News
Stellantis deepens Europe’s reliance on China with CATL plant
Stellantis, the maker of Peugeot and Jeep vehicles, and China’s CATL broke ground on a 4.1 billion euros (S$6.2 billion) battery plant in…
Business
Bitcoin is on the verge of erasing year’s gain as rout deepens
Bitcoin fell below US$95,000 for the first time in about six months as a bout of risk aversion sweeping across markets saw investors pull…
Business
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
Business
China deepens push for tech self-reliance ahead of US talks
China vowed to enhance technological self-reliance and grow the domestic market in the next five years, as it looks to both insulate the…
News
Four survivors call for Jess Phillips to quit as row deepens over grooming inquiry
Harry Farley,Political correspondent and Chris Graham The government is under increasing pressure to gain control of the grooming gangs…
Business
Thousands more university jobs cut as financial crisis deepens
Hayley ClarkeEducation reporter and Emily Doughty Universities have collectively announced more than 12,000 job cuts in the last year, new…
Fashion
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in…
Business
'Artists should have a choice.' WME opts clients out of Sora update as AI anxiety deepens
As anxieties among Hollywood talent increase surrounding artificial intelligence, Beverly Hills talent agency WME is drawing a line on…
Culture
Fake actor deepens anxiety over AI in Hollywood
Scary. Terrifying. Deeply misguided. Those were among the visceral reactions this week from Emily Blunt, Whoopi Goldberg, Natasha Lyonne…
Business
Sephora Deepens Bet on Gen Alpha, Readies Evereden for U.S. Store Launch
Sephora’s Gen Alpha play just got steeper. The retailer is inducting Gen Alpha-focused clean beauty brand, Evereden, to its online…
Business
Ikea to drive China furniture costs lower as price war deepens
Ikea pledged to keep prices lower at its China stores, as the world’s largest furniture retailer courts thriftier buyers and seeks to fend…
Business
China cuts coal imports, deepens Asean ties amid trade shifts
China’s coal imports fell for the fifth time in six months in July as Beijing leaned more on domestic mining and boosted oil and gas…
Business
EXCLUSIVE: David’s Bridal Deepens Lifestyle Push With Allure Eyewear Partnership
Less than four months into her role as chief executive officer, Kelly Cook is already making bold moves to transform David’s Bridal into a…
Business
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major…
Business
Crisis Deepens for U.K. Entertainment Freelancers as 44% Earn Below Living Wage
U.K. entertainment freelancers are facing an unprecedented crisis, with nearly half earning below the legal minimum wage, according to the…
Fashion
Kering sales drop more than expected in first quarter as Gucci crisis deepens
The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible…