Business
HSBC’s payments app closure puts around 400 jobs at risk: source
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from…
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Russia's economy is set to lose another source of income that Ukraine controls
Russian leader Vladimir Putin has acknowledged that his country's natural gas transit deal with Ukraine will not be renewed.Sergei…
Business
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income…
Business
Bank of America promotes 387 employees to managing director: source
Bank of America (BOA) has promoted 387 employees to managing director roles in 2024, 16 per cent more than last year, a source familiar…
Business
Arctic tundra becoming a source of carbon dioxide emissions, NOAA warns
Foreboding environmental milestones abounded again this year in the Arctic, where experts say dramatic climate shifts are fundamentally…
Business
St James's Place to cut around 500 jobs, source says
The cuts represent nearly a sixth of the company’s workforce of around 3,200 people British wealth manager St James’s Place is planning to…
News
Japan competition authorities raid Amazon Japan: source
JAPAN’S Fair Trade Commission on Tuesday conducted an on-site inspection of Amazon Japan on suspicion of violating anti-monopoly laws, a…
News
Source: Saudi Arabia's de facto ruler to skip G20 summit
Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, will not attend the upcoming G20 summit in Brazil, a well-informed Saudi…
Lifestyle
H5N1 bird flu infects five more humans in California, and one in Oregon
As H5N1 bird flu spreads among California dairy herds and southward-migrating birds, health officials announced Friday that six more human…
Business
US ordered TSMC to halt shipments to China of chips used in AI applications: source
THE US ordered Taiwan Semiconductor Manufacturing Co (TSMC) to halt shipments of advanced chips to Chinese customers that are often used…
Business
Tax fraud investigators search Netflix offices in Paris and Amsterdam: source
INVESTIGATORS searched the offices of US streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into…
Culture
KPMG to lay off less than 4% of US audit workforce: source
KPMG will lay off less than 4 per cent, or about 330 people, of its audit workforce in the United States, a source familiar with the…
Business
Amazon, Google tap into nuclear power to fuel data centers and AI push
Amazon on Wednesday announced plans to invest in nuclear power production to fuel its data centers with clean energy, a key part of the…