Business
iX Biopharma raises gross proceeds of S$6.7 million from placement
The group intends to raise at least S$5 million from the exercise, with new shares issued at S$0.10 apiece Singapore-based speciality…
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Business
Business
Apple ordered to pay French operators 39 mn euros over iPhone sales
The court took issue with clauses that required operators to sell a certain number of iPhones and fixed their retail prices (Julie…
Business
From Policy to Profit: How Retirees Can Use Life Settlements to Fund New Investments
For many retirees, the idea of selling a life insurance policy sounds unusual at first. After all, life insurance has long been viewed as…
Business
Nvidia to invest US$1 billion in Nokia in AI networking push
Nvidia Corp. plans to make a US$1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company’s pivot from…
Business
PayPal raises earnings guidance after announcing OpenAI deal
PayPal Holdings raised its full-year earnings guidance and announced a tie-up with OpenAI to embed its digital wallet into ChatGPT,…
Business
Sercel secures contract from ONGC for 528 seismic systems
Sercel has secured a contract with India's Oil and Natural Gas Corporation (ONGC) to deliver its 528 cable-based land seismic acquisition…
Business
China’s cheap air fares hurt profit recovery for state carriers
Stubbornly cheap international air fares for Chinese travellers are hurting attempts by the country’s biggest carriers to claw their way…
Business
Posts misrepresent video of BJP vehicles being attacked in West Bengal
As eastern India's Bihar state -- a key electoral battleground -- gears up for polls in November, social media users have falsely claimed…
Business
Amazon Plans Massive Layoffs After Nine Months of President Trump
“Republicans’ reckless decisions are causing prices on everything to go up, from groceries to gas—Wisconsinites cannot afford to pay even…
Business
Qualcomm to take on Nvidia with its own AI chips
Qualcomm on Monday announced the release of a new series of artificial intelligence chips to compete with the market leader Nvidia, as the…
Business
Grindr receives buyout offer to take dating app private
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private.…
Business
Cordlife submits information to MOH by extended deadline it was given
Embattled cord blood bank Cordlife announced on Monday (Oct 27) that it had submitted on the same day the necessary written…
Business
P&O Cruises Crew Member Dies on Ship After Accident in Middle of 2-Week Voyage
NEED TO KNOW A crew member on board P&O Cruises' Arvia ship died after an on board "accident" yesterday The Port of A Caruña in Spain…
Business
Banks not told of power plant when they gave in-principle loan commitment to Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant The consortium of banks which considered…
Business
Skipping a generation: Lessons from the late Nippon Paint tycoon’s inheritance play
For families planning to hand over wealth directly to the third generation, the grandchildren’s tax residency is important Months before…
Business
Shares of iFast soar 7.5% on positive Q3 results
The counter jumped S$0.69 to an intra-day high of S$9.92, the highest price in more than a year Shares of digital wealth management…
Business
German economy in danger, ifo institute chief urges major reforms
President of the Ifo Institute Clemens Fuest speaks during a press conference in Munich. Peter Kneffel/dpa The German economy faces…
Business
Swiss National Bank likely intervening to weaken franc: UBS
The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group. “Current…
Business
Stellerus uses satellites to visualise 3D wind data for weather forecasts, insurance risks
Hong Kong University of Science and Technology (HKUST) start-up Stellerus Technology aims to be the world's first provider of…
Business
China baijiu makers try to woo sober Gen Z with milder liquor
China’s struggling liquor distillers are pivoting to milder versions of the nation’s fiery baijiu in hopes of appealing to a younger…
Business
Why Most Marketing Agencies Fail Their Clients
I’ve never had a good experience with a marketing agency. And I’m not alone. Chances are you’ve worked with several bad ones and maybe, if…
Business
Europe: Shares close at record high on US data, trade hopes
European shares closed at a record high on Friday (Oct 24), boosted by cooler than expected US inflation data and hopes of an easing in…
Business
US: Stocks end at record highs after inflation data; Dow up 1%
Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve…
Business
Four African countries taken off global money-laundering ‘grey list’
A global money-laundering watchdog has taken South Africa, Nigeria, Mozambique and Burkina Faso off its “grey list” of countries subjected…