Business
Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the…
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Business
Business
Trump says he has no intention of firing Fed chief Powell
President Donald Trump said he had no intention of firing Federal Reserve chairman Jerome Powell despite his frustration with the central…
Business
More nominee shareholders, accounts could be detrimental to investor protection
The travails of Dasin Retail Trust (DRT) unitholders continue. From a unit price of around S$0.80 in 2020, the counter’s value has…
Business
European shares close higher as financials, L’Oreal rise; Fed spat still a worry
European shares ended slightly higher on Tuesday (Apr 22) on the back of rising financials and post-earnings gains in L’Oreal, though…
Business
Tesla Earnings Plunge Because Everyone Hates Elon Musk
Elon Musk’s far-right turn as the head of the Department of Efficiency has apparently tanked Tesla’s earnings. In a humiliating…
Business
Donald Trump Is Hell-Bent on Destroying the Economy
Of course, firing Powell won’t accomplish that. Trump himself can’t be chair, and there is no guarantee that a new chair appointed by him…
Business
Woman Studying Abroad in South Korea Finds an Amazing Deal on an Apartment. But You Won't Believe the Catch (Exclusive)
When Lydia R., who goes by @lydyagami on TikTok, decided to attend Ewha Womans University in Seoul, South Korea, one of the first things…
Business
Sales Automation: Robot Takeover or Helper?
In today’s fast-paced business world, companies are constantly looking for ways to streamline their processes and improve efficiency.…
Business
Rangers Predicted To Acquire $6 Million Pitcher In Blockbuster Trade
By Zach Pressnell is a Newsweek contributor based in Columbus, Ohio. His focus is MLB content. He has an extensive knowledge of…
Business
Denmark to invest around $615 million to renew Navy, Home Guard fleets
PARIS — Denmark will invest about 4 billion Danish kroner (US$615 million) through 2033 in the country’s Navy and Home Guard fleets,…
Business
Boeing to sell Jeppesen unit to Thoma Bravo for US$10.55 billion
Boeing said on Tuesday (Apr 22) it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to…
Business
US: Wall Street opens higher after selloff
Wall Street’s main indexes jumped at the open on Tuesday (Apr 22), as investors turned their focus to corporate earnings after President…
Business
BRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake…
Business
Walmart-backed Flipkart to shift base back to India from Singapore
Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday (Apr 22), as its parent Walmart…
Business
Bitcoin rallies 20% during market turmoil to diverge from tech
Bitcoin advanced to the highest level since early March, fueling optimism that the biggest digital token is finally breaking free of a…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Developments Ltd’s (CDL) wholly owned…
Business
Indian banks hit record as new RBI liquidity rules boost outlook
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from last year’s…
Business
Singapore stocks continue to rally on Tuesday; STI up 1%
Singapore stocks ended higher on Tuesday (Apr 22), even as other Asian markets delivered a mixed performance amid trade uncertainty. The…
Business
Offshore renminbi funding costs in Hong Kong sink to record low
The cost to borrow the offshore renminbi in Hong Kong dropped to the lowest since data became available in 2013, putting pressure on the…
Business
Ericsson expands manufacturing in India to make antennas
The company expects to export a significant portion of the antennas manufactured in India after meeting domestic needs Sweden’s Ericsson…
Business
Miami housing market suffers "breathtaking" collapse in demand
The Miami housing market's pandemic boom is finally coming to a slowdown, as inventory rises and sales fall amid growing uncertainty over…
Business
Paragon Reit unitholders give nod to privatisation offer
Unitholders of Paragon Real Estate Investment Trust (Reit) approved the scheme resolution proposed by Cuscaden Peak’s Times Properties to…
Business
The yen strengthens past 140 per dollar for the first time since September
The yen advanced past the psychological level of 140 against the US dollar as investors sought alternatives to the greenback amid…
Business
Chinese tech firms eye US listings despite widespread ructions
Beijing Smart Walnut Education Technology, a provider of services that help children learn to code, is one of several Chinese firms…