Peacock launches Premium Plus streaming tier on YouTube
June 29 : Comcast's NBCUniversal said on Monday that its streaming service Peacock's Premium Plus tier is now available for subscription through YouTube Primetime Channels, expanding access to its content library.Here are some details:• The move allows subscribers to view a wide range of ...
US Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook
Trump had cited unproven mortgage fraud allegations in trying to oust Cook
Stocks and oil prices edge up with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities edged lower, but Wall Street l ...
Alphabet debuts in Dow Jones Industrial Average as index tilts toward tech
June 29 : Alphabet shares climbed on Monday as the Google parent made its debut in the blue-chip Dow Jones Industrial Average, replacing Verizon Communications, and immediately ranking among its most influential members.• Its shares rose 3.7 per cent to $350.24, offering one of the biggest boosts ...
Wall Street indexes climb as US, Iran halt attacks; Comcast surges on spin-off plan
WALL Street’s main indexes gained on Monday (Jun 29) as easing tensions in the Middle East lifted sentiment following recent hostilities between...
Microsoft’s US$570 billion rout sets up its worst month since 2000
The selloff has left Microsoft valued at the cheapest in a decade
Comcast to split cable business from media in NBCUniversal, Sky spinoff
Comcast shareholders will own stock in both companies after the deal closes
Middle East producers push on with oil and LNG loadings despite ship attacks
Shipping activity remains far off pre-conflict levels of 125 daily sailings
Thai tech startup Amity to use Singapore as a hub for its global expansion ambitions
Lionel Lim - The city-state will be the group’s regional headquarters and house its AI research centre
AirTrunk said to be near confidential filing for biggest Singapore IPO in years
Company may submit a draft registration to the Monetary Authority of Singapore and local stock exchange as soon as this week
Cheaper AI is better: Soaring bills are reshaping how businesses choose models
Usage-based pricing makes artificial intelligence spending unpredictable, even as token prices drop
Humans and great apes show similar rhythmic pattern in laughter
WASHINGTON, June 29 : There are many kinds of laughter. People may guffaw at a joke. They may giggle nervously in an uncomfortable situation. They may chuckle with mild amusement. They may snicker to express contempt — especially movie villains. But while laughing seems uniquely human, it is not. ...
Rocket Lab buys Iridium in $8 billion deal, to expand beyond launches
June 29 : Rocket Lab said on Monday it would acquire satellite communications provider Iridium Communications in a cash-and-stock deal valued at about $8 billion, marking one of the biggest consolidation moves in the commercial space industry.Iridium shareholders will receive $27 in cash as well as ...
Rocket Lab to buy satellite communications firm Iridium in $8 billion deal
June 29 : Rocket Lab said on Monday it would acquire satellite communications provider Iridium Communications in a cash-and-stock deal valued at about $8 billion, marking one of the biggest consolidation moves in the commercial space industry.Iridium shareholders will receive $27 in cash and Rocket ...
Simba’s 5G spectrum hurdle may accelerate Singapore’s telco market reset
Young Zhan Heng - Regional experience such as in Thailand suggests that consolidation often leads to more disciplined pricing
Seraya Partners launches Faraday Energy with US$500 million investment and Schneider Electric as partner
Lin Daoyi - Asia-focused infrastructure investor Seraya Partners has partnered Schneider Electric to launch Faraday Energy, a new energy infrastructure platform. Seraya will invest up to US$500 ($647) million of equity capital to support Faraday’s growth across Asia Pacific and Gulf Cooperation Council countr ...
Seraya Partners launches Faraday Energy with US$500 mil investment and Schneider Electric as partner
Lin Daoyi - Asia-focused infrastructure investor Seraya Partners has partnered Schneider Electric to launch Faraday Energy, a new energy infrastructure platform. Seraya will invest up to US$500 ($647) million of equity capital to support Faraday’s growth across Asia Pacific and Gulf Cooperation Council countr ...
Comcast to split cable business from media through NBCUniversal, Sky spinoff
June 29 : Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation.Shares of the company rose more than 20 per ...
NBCUniversal to be split from Comcast in latest media shakeup
June 29 : Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation.Shares of the company rose nearly 8 per cent ...
Singapore stocks close higher amid mixed regional showing; STI up 0.3%
DFI Retail Group leads the gainers on the Republic’s blue-chip index
Singapore Airlines and Air China sign MOU; agreement covers potential expansion of codeshare partnership
Singapore Airlines and Air China sign MOU to deepen cooperation, expand codeshare services
Under the agreement, the airlines could expand their codeshare partnership to additional routes between Singapore and mainland China, within China and to destinations beyond the two countries.
RHB's Natarajan raises target price for CICT to $2.75
The Edge Singapore - Vijay Natarajan of RHB Bank Singapore has kept his "buy" call and CapitaLand Integrated Commercial Trust, given how valuation is deemed "attractive" at just 1.x P/BV, along with a slightly raised target price of $2.75, up from $2.73, after unitholders gave their go-ahead for the ...
British American Tobacco to cut 5,500 jobs globally in restructuring push
The layoffs is expected to add £600 million (S$1.03 billion) of annualised incremental savings by 2028
European shares steady as tech gains offset Middle East caution
The broader tech sector rose after last week’s selloff
Banks get creative and look further afield as AI-fueled debt soars
NEW YORK, June 29 : As corporate borrowing tied to artificial intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes of debt.The surge in spending on chips, cloud infrastructure and data centers has led large technology companies, known as hyperscalers ...
Three in four S-Reits surveyed are preparing for sustainability assurance readiness: PwC Singapore
Chloe Lim - This signals how the need to strengthen data quality, processes and controls is increasingly recognised in the sector
HSBC deepens Asia startup push three years after Silicon Valley Bank deal
Benjamin Cher - Its Innovation Banking unit has styled itself as a one-stop shop for businesses just starting up or expanding
Singapore private housing is ‘decoupling’ from HDB market as buyer pools diverge: NUS
Ry-Anne Lim - It is driven by ‘distinct buyer profiles with differing capacities and capital outlays’
Malaysia extends search for missing flight MH370 by one year
A remaining area of 7,428.54 sq km will be searched
SIA inks joint venture pact with Air China to enhance route coordination, revenue sharing
Shikhar Gupta - The carriers will also ‘deepen cooperation’ between their KrisFlyer and PhoenixMiles frequent flyer programmes
Oil rises on US-Iran strikes; gains capped by shipping hopes
LONDON, June 29 : Oil rose almost 1 per cent on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal while expectations of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iran and the U.S. agreed to renew talks over the st ...
Oil rises on US-Iran strikes; cautious hopes for shipping cap gains
HOUSTON, June 29 : Oil prices gained more than 1 per cent on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iranian and U.S. technical teams wo ...
Oil steadies as US and Iran agree to halt attacks
LONDON, June 29 : Oil prices steadied on Monday as Iran and the United States agreed to halt recent hostilities in the Gulf and Middle East producers pushed ahead with loading oil and liquefied natural gas despite fresh ship attacks. The two countries also agreed to renew talks over the Strait of Ho ...
