Business
Australia Introduces Crypto Custody Bill With Heavy Penalties for Breaches
Australia has moved to tighten its grip on crypto exchanges and custody providers with legislation that promises tougher oversight and…
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Business
Business
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation Australia’s…
Business
New Zealand central bank says economic recovery picking up
Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New…
Business
The secret behind the most comfortable heels you’ll wear this holiday season
Holiday party season is officially underway, which means so is the annual cycle: buy the pretty heels, wear them for an hour, take them…
Business
World's longest direct flight to connect China with Argentina
Chinese airline China Eastern plans to offer the world's longest direct flight, starting next week. The airline announced on Wednesday…
Business
Africa-EU summit seeks to reinvigorate ties
About 70 African and European leaders met in Angola on Monday for a summit where they committed to stronger trade ties, alignment on…
Business
Snapchat is nearing 1 billion monthly users. Why can't it turn a profit?
Snapchat, an app whose disappearing messages and silly face filters made chatting with loved ones more casual, is close to a milestone…
Business
Volkswagen revs up designed-in-China approach to catch up with local rivals in EV market
Volkswagen Group has ramped up its "all in" strategy for China, banking on local development capabilities and a new electric vehicle (EV)…
Business
SoftBank’s 40% slide since October underscores mounting worry over its giant OpenAI bet
Japanese tech investor leads AI selloff amid concerns over new pressure on OpenAI after Gemini 3.0 debut Growing unease over frothy…
Business
Germany's Steinmeier to visit Guernica on three-day trip to Spain
German President Frank-Walter Steinmeier begins a three-day state visit to Spain on Wednesday. Steinmeier and his wife Elke Büdenbender…
Business
Land Rover Just Unveiled Its Dakar Rally Defender
Land Rover is going racing at the Dakar Rally in January, and it just unveiled the Defender it’s using to do it. The Land Rover Defender…
Business
Man triggers smoke bomb during failed crypto robbery
A crypto trading exchange operating inside a hotel in St. Petersburg, Russia, was the target of an attempted robbery, as per a local media…
Business
Why Is GM Designing Its Coolest EVs for Overseas Markets?
American Buyers Missing Out on Bold Design… Potentially General Motors just unveiled a striking electric crossover design study through…
Business
Coliwoo reports 75.1 per cent fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million in the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Business
US stocks opens mixed as investors assess data, Alphabet shines
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to…
Business
ComfortDelGro and Hello Robotaxi partner on robotaxi deployment in China, overseas markets
The venture will focus on deploying and managing Robotaxi services via ComfortDelGro’s point-to-point operations Transport company…
Business
Ivory Coast: Gervinho sees strengths to win AFCON 2025
Gervinho AFCON 2025 kicks off in less than a month. Gervinho, an Ivorian football legend, reveals the strengths Ivory Coast holds to…
Business
ABN Amro to cut 5,200 jobs by 2028
ABN Amro Bank outlined a plan to cut 5,200 full-time roles by 2028 as new chief executive officer Marguerite Berard unveiled her vision…
Business
Exclusive-Nigeria's Dangote picks Honeywell to help fulfill ambitious capacity expansion
By Utkarsh Shetti DUBAI (Reuters) -Nigeria's Dangote has tapped Honeywell to provide services and help double its refining capacity to 1.4…
Business
Citigroup India nears US$1 billion book of asset backed securities
While securitisation deals are common in developed economies, the country’s market is still nascent Citigroup’s India unit has more than…
Business
Bitcoin Heist: Family Members Waterboarded, Sexually Assaulted as Attackers Steal $1.6 Million
A sentencing decision in the Provincial Court of British Columbia this month revealed the graphic details of a 2024 attack in which the…
Business
Qantas and Virgin Australia Ban Power Bank Usage on Flights Following Safety Incidents
Australia's two largest airlines are implementing comprehensive bans on power bank usage aboard their aircraft following a series of…
Business
Scott Bessent Gives Deranged Financial Advice on Beating Inflation
Treasury Secretary Scott Bessent thinks that people struggling with rising inflation should simply move from a blue state to a red state.…
Business
Moody’s downgrades StanChart from ‘positive’ to ‘stable’
The move is in line with revisions to the rating agency’s credit assessment methodology for banks Credit rating agency Moody’s Ratings, on…