German voice actors boycott Netflix over AI training concerns
BERLIN, Feb 3 : German voice actors have launched a grassroots boycott against Netflix over a contract clause that allows the streaming platform to use their recordings for AI training, a spokesperson for the VDS voice actors' association told Reuters.Netflix's global footprint has increas ...
Palantir rallies after bumper quarter fueled by US defense spending
Feb 3 : Shares of Palantir Technologies jumped 6.9 per cent in early trading on Tuesday as investors bet on the company's military-grade AI tools and services after it reported a surge in quarterly sales, boosted by rising U.S. defense spending.Denver, Colorado-based Palantir is on track to add ...
Wingtech Shanghai filing says CFO resigns for personal reasons
AMSTERDAM, Feb 3 : Chinese electronics company Wingtech said in a Shanghai Stock Exchange filing that its chief financial officer Zhang Yanru had resigned, citing personal reasons.The filing was signed by Wingtech's board of directors and dated January 31, the day after the company said it woul ...
White House meeting fails to resolve US crypto legislation stalemate
Feb 3 : A White House meeting aimed at breaking a months‑long stalemate between major U.S. banks and cryptocurrency firms ended Monday without any agreement, underscoring industry divisions that continue to threaten progress on landmark digital‑asset legislation.The closed‑door session, conven ...
SpaceX grounds Falcon 9 flights after second-stage issue
Feb 3 - Elon Musk's SpaceX has paused flights of its workhorse Falcon 9 rocket over an unspecified issue that its second stage experienced after successfully deploying Starlink satellites into orbit on Monday, the company said. After the two-stage Falcon 9 delivered 25 Starlink satellites ...
US trade chief says India to maintain some agriculture protections in deal with Trump
WASHINGTON, Feb 3 : The Trump administration is working to put the details of its trade deal with India announced on Monday on paper, but it will reduce India's tariffs on American industrial goods to zero from 13.5 per cent and eliminate duties but allow India to maintain some agricultural imp ...
US brokers may levy fee on ETF managers
JP Morgan estimates the US ETF management fee pool to be US$21 billion
Huationg Global raises $7.08 mil placing out shares at 60 cents each
The Edge Singapore - Civil engineering firm Huationg Global has raised $7.08 million by placing out 11.8 million new shares at 60 cents each. The new shares are priced at a discount of around 8.73% to the volume weighted average price of 65.74 cents on Jan 23, just before the placement was announced. Investors of this p ...
PayPal sees 2026 profit below estimates, names Enrique Lores as CEO
Its lower surplus is due to weaker US retail spending and slower growth in its branded checkout segment
S&P 500, Nasdaq open higher as earnings deluge takes center stage
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Feb 3), stabilising after a commodity rout in the previous...
Disney taps parks head Josh D'Amaro as CEO to lead post-Iger era
Feb 3 : Walt Disney on Tuesday named theme parks head Josh D'Amaro as CEO, ending years of succession uncertainty and placing a longtime insider at the helm as artificial intelligence and a wave of consolidation upend the media industry. D'Amaro, 54, will take the reins from Bob Iger, 74, ...
Wall St edges higher with earnings deluge in spotlight; Palantir soars
Feb 3 : Wall Street's main indexes rose on Tuesday as Palantir's results aided optimism around the AI trade, while investors geared up for a flood of corporate results through the week.Palantir Technologies jumped 8.6 per cent after upbeat results highlighted demand for its military-grade ...
S&P 500, Nasdaq poised for higher open as earnings deluge takes center stage
Feb 3 : The S&P 500 and the Nasdaq looked set for a firm open on Tuesday, stabilizing after a commodity rout in the previous session, as investors geared up for a flood of corporate results through the week.Palantir Technologies jumped 11.2 per cent in premarket trading after upbeat results high ...
Exclusive-JPMorgan closing in on new frontier market local currency debt index, sources say
LONDON, Feb 3 : JPMorgan is finalising plans for a new index to track frontier market local currency bonds, investors consulted on the details told Reuters, as the bank looks to satisfy a growing appetite for riskier and more diversified high-yield debt.The move, which comes 15 years after the Wall ...
Western Digital adds $4 billion to buyback plan as AI boosts memory chip sales
Feb 3 : Western Digital said on Tuesday its board has approved $4 billion more for share repurchases, as demand for its memory chips used in artificial intelligence servers surges. Its shares rose about 5 per cent in premarket trading, adding to a 57 per cent jump this year. The shares had more than ...
Pfizer beats Q4 profit estimates on strong drug demand
Robust demand for its heart and oncology drugs helped achieve total sales for the quarter of US$17.56 billion
Rolls-Royce defends pricing after airlines bash engine industry
A senior executive says that the cost reflects supply-chain disruptions and the fallout from geopolitical instability
Gartner forecasts downbeat annual results on slowing demand at consulting unit
Feb 3: IT research firm Gartner on Tuesday forecast annual revenue and earnings below Wall Street expectations, as enterprises scaling back their spending dampened demand for its consulting services. Shares of the Stamford, Connecticut-based firm were down 5.1 per cent in premarket trading following ...
How to make Singapore equities great again? Step up investor education, says Chee Hong Tat
Ranamita Chakraborty - Guardrails will be put in place where necessary to protect against downside risk, the Monetary Authority of Singapore deputy chairman adds
AI fears fuel selloff in software, data and advertising stocks
LONDON/MILAN, Feb 3 : A selloff in European and North American software, data analytics and advertising stocks deepened on Tuesday after new artificial intelligence models raised concerns over the potential impact on sectors once seen as AI beneficiaries.One catalyst was the launch of Anthropic' ...
AI concerns pummel European software stocks
LONDON, Feb 3 : A sell-off in European software, data analytics and advertising companies accelerated on Tuesday, as updated artificial intelligence models raised fresh doubts about whether incumbent firms can defend their business models, underscoring the technology's disruptive threat to sect ...
Power grid delays challenge Amazon's data center expansion in Europe
BRUSSELS, Feb 3 : Long delays to get power grid connections are challenging Amazon's plans to expand data centers in Europe, the company told Reuters, as industries ramp up pressure on policymakers to upgrade ageing energy grids.Energy-intensive industries have urged the European Union to inves ...
FLCT logs positive rental reversions in Q1, boosted by logistics and industrial segment
Chong Xin Wei - However, its commercial side recorded negative rental reversions
Paris prosecutor's cybercrime unit searches X office, Musk summoned
French authorities are investigating images of a child‑pornographic nature and sexually explicit deepfakes on the platform.
UK privacy watchdog launches investigation into Grok
LONDON, Feb 3 : Britain's privacy watchdog on Tuesday launched a formal investigation into Elon Musk's xAI chatbot Grok over the processing of personal data and its potential to produce harmful sexualised images and video content. The probe is into xAI and X Internet Unlimited Company - th ...
Disappointment for some, relief for others as markets ponder Warsh’s nomination as next Fed chief
In some quarters, he is seen as a ‘credible choice’, who may hold his own against President Trump’s demand for rate cuts
QatarEnergy secures long-term LNG supply deal with Japan's Jera as demand surges
Feb 3 : QatarEnergy, one of the world's biggest LNG suppliers, signed a deal on Tuesday with Japan's top power generator Jera to supply 3 million tons of LNG annually for 27 years from 2028, further strengthening Qatar's position in the Japanese market. The agreement, made on the si ...
QatarEnergy signs 27-year LNG supply agreement with Japan's Jera
Feb 3 : QatarEnergy, one of the world's biggest liquefied natural gas (LNG) suppliers, signed an agreement on Tuesday with Japan's biggest power generator Jera to supply 3 million tons per year of LNG for 27 years.The agreement, which took place on the sidelines of LNG2026 industry confere ...
PayPal shares sink on CEO exit, disappointing 2026 profit forecast
Feb 3 : PayPal replaced its CEO Alex Chriss, who was brought in to steer the payments firm through slowing growth and heightened competition, and simultaneously issued a lackluster profit forecast for 2026 on Tuesday, sending its shares down 19 per cent.The company's board, which named HP' ...
PayPal sees 2026 profit below estimates, names HP's Lores as CEO
Feb 3 : PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, while naming HP's Enrique Lores as its president and CEO.Shares of the company slumped nearly 16 per cent in premarket trading, after the payments giant� ...
HP appoints Bruce Broussard as interim CEO
Feb 3 : HP Inc on Tuesday named Bruce Broussard as the company's interim chief executive officer effective immediately.He succeeds Enrique Lores, who has stepped down as President and CEO and as a member of the board to pursue another professional opportunity, the company said.
PayPal names Enrique Lores as CEO
Feb 3 : PayPal said on Tuesday it has named Enrique Lores as president and CEO, effective March 1.
India's top court questions WhatsApp policy of sharing user data with Meta entities
NEW DELHI, Feb 3 : India's top court on Tuesday warned it could reimpose a ban on Meta-owned WhatsApp's data sharing with other group entities, saying the messaging app's privacy policy misled users, two lawyers present in court said.WhatsApp has been locked in a dispute with India� ...
Mooreast to collaborate with Sime Darby unit to capture offshore-related business
The Edge Singapore - Mooreast Holdings has announced a collaboration with Sime Darby Joy Industries to develop offshore-related business opportunities, including for renewable energy. Under terms of a non-binding indicative term sheet, both parties plan to explore, develop and undertake business opportunities to fabrica ...
