Business
Salesforce to acquire Informatica for $8 billion in latest AI push
Software company Salesforce said Tuesday it’s buying Informatica, which provides businesses with artificial-intelligence-powered data…
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Business
Business
Anger as Zimbabwe leader approves new radio levy for motorists
Zimbabwe's President Emmerson Mnangagwa has signed into law a contentious bill that requires all motorists to buy a radio licence before…
Business
Trump Is About to Let a Four-Year-Old Immigrant Girl Die
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Trump Corruption Hits Next Level With Pardon Tied to $1 Million Dinner
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
BYD Just Broke the EV Market -- $7,700 Cars Set Off a Price War Frenzy in China
BYD (BYDDF) just threw down the gauntlet in China's electric vehicle war. The company slashed prices by as much as 34% on 22 of its models…
Business
Trump Media Ramps Up Crypto Shadiness With Bitcoin Plans
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Independent financial adviser deems Amara’s takeover offer at S$0.895 a share ‘fair and reasonable’
The independent financial adviser (IFA) appointed for the takeover bid for hotel group Amara has deemed the offer at S$0.895 a share to be…
Business
Tesla Sales Tank as Elon Musk Hate Ramps Up
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
US: Wall St opens higher after long weekend on Trump's trade reprieve
Wall Street opened higher on Tuesday (May 27) after US President Donald Trump dialled back his threat of tariffs on EU imports, defusing…
Business
Pete Hegseth Hit With Stunning Illegal Wiretap Allegations
“It’s kind of a fund-raiser” for Mr. Trump, Korean crypto executive Sangrok Oh and another dinner attendee, told the Times. “And he’ll…
Business
Saudi Aramco kicks off its first dollar bond sale this year
The world’s biggest oil exporter is selling bonds with five, 10 and 30-year maturities Saudi Aramco started the sale of dollar-denominated…
Business
Cascale CEO exits, Vietnam event spotlights supply chain challenges
Following its forum in Vietnam, Cascale said Browne will step down from his CEO role on 31 July, a decision made out of “personal choice”.…
Business
Nippon Steel could offer Washington golden share to seal US Steel deal, Nikkei reports
Deliberations over the idea, which would give Washington the power to veto important management matters Nippon Steel is considering…
Business
Could Reds Outfielder Be Solution For Padres' 'Trade Market' Search?
By Drew VonScio is a Newsweek contributor based in Pittsburgh, PA. His focus is on MLB content. Drew has been with Newsweek since December…
Business
Xiaomi reports 47% revenue growth in Q1 as it launches new electric SUV
China’s Xiaomi reported a 47.4 per cent annual jump in first-quarter revenue on Tuesday (May 27) as the company doubled down on making…
Business
Elaine Heng to succeed Linus Goh as OCBC’s head of global commercial banking
OCBC announced on Tuesday (May 27) key leadership changes to its global wholesale banking franchise, to take effect on Oct 1. Elaine Heng,…
Business
Japanese gas tanker giant Mitsui OSK sees difficulty buying Chinese vessels
Mitsui OSK Lines, owner of the world’s largest fleet of liquefied natural gas carriers, said it is hard to buy Chinese vessels for the…
Business
Maybank downgrades Malaysia’s Tan Chong Motor to ‘sell’ amid widening losses, competition
Maybank Investment Bank has downgraded Malaysia’s Tan Chong Motor (TCM) to “sell”, from “hold” previously, amid widening losses, weak…
Business
Perennial to invest one billion yuan to open two healthcare institutions in Guangzhou
Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with…
Business
Perennial to invest one billion yuan to open two hospitals in Guangzhou
Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with…
Business
Samsung in talks to invest in California-based Exo
Discussions on all the potential developments are ongoing and details could change Samsung Electronics’ investment arm is among a group of…
Business
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance…
Business
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
Business
Peirce Hill bungalow owned by wife of 3AC’s Kyle Davies sells for S$37 million
A bungalow in Peirce Hill owned by the wife of failed Three Arrows Capital (3AC) co-founder Kyle Davies, is in the early stage of being…