5 hours ago
How Asia-Pacific is fighting a fuel shock that could get worse
The disruption has laid bare how reliant the region is on Middle East energy
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
5 hours ago
Intel US$6.5 billion bond sale signals investor hope in turnaround
Its shares have hit record highs
5 hours ago
Taylor Swift files to trademark her voice, likeness to ward off AI deepfakes
April 27 : Pop superstar Taylor Swift filed trademark applications for two audio clips and one image of herself in what a trademark attorney said is an attempt to protect her voice and likeness from deepfake videos and audio created by artificial intelligence. The applications were filed with the U. ...
5 hours ago
Suspect in White House Correspondents’ dinner shooting charged with attempting to assassinate Trump
Cole Tomas Allen faces a maximum sentence of life in prison if convicted of trying to assassinate the president
5 hours ago
Gala shooting suspect charged with trying to kill Trump
Cole Tomas Allen faces a maximum sentence of life in prison if convicted of trying to assassinate the president
5 hours ago
Box to launch Box Automate to speed up customers' business with AI, CEO says
NEW YORK/SAN FRANCISCO, April 27 : Box is launching a service built for artificial intelligence to expedite tedious work, like processing millions of invoices and pulling data from corporate documents, CEO Aaron Levie told Reuters on Monday.In an interview at Reuters’ Momentum AI summit in New Yor ...
5 hours ago
Box to launch Box Automate service to expedite enterprise business processes, CEO says
NEW YORK/SAN FRANCISCO, April 27 : Box is launching a service built for artificial intelligence to expedite tedious work like processing invoices and pulling key data from corporate documents, CEO Aaron Levie told Reuters on Monday.In an interview at Reuters’ Momentum AI summit in New York, Levie ...
5 hours ago
Trump cancels more wind leases to spur oil and gas investment
The deals mark the latest step in the administration’s push to stymie the nascent US offshore wind industry
5 hours ago
Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag
[NEW YORK] Oil prices climbed about 3 per cent to a two-week high on Monday as peace talks between the US and Iran...
6 hours ago
European shares edge lower as US-Iran talks stall; central bank meetings in focus
EUROPEAN shares started the week on a subdued note as investors braced for a packed schedule of central bank meetings, and worries over...
6 hours ago
US stocks: S&P 500, Nasdaq close slightly up in cautious start to a heavy earnings week
[NEW YORK] The S&P 500 and the Nasdaq eked out modest gains on Monday in muted trading, as investors took a breath...
6 hours ago
Match Group invests $100 million in Grindr rival Sniffies with buyout option
April 27 : Match Group is investing $100 million in Sniffies, a dating platform targeted at non-heterosexual men, in a deal giving the Tinder parent a significant minority position and the option of buying out the remaining equity in the future.Match has been attempting a turnaround in recent times, ...
7 hours ago
Cadence lifts annual revenue forecast on sustained AI chip-design boom
April 27 - Cadence Design Systems raised its full-year revenue forecast on Monday, betting that sustained, heavy investment in specialized artificial intelligence processors will continue to drive demand for its chip-design tools.Demand for Cadence's electronic design automation (EDA) software ...
7 hours ago
KKR, Macquarie in Italy-backed talks over telecoms network commercial deal, sources say
MILAN, April 27 : The owners of Italian telecommunications companies FiberCop and Open Fiber are discussing the terms of a possible commercial deal to complete the country's high-speed broadband rollout, three sources close to the matter said.FiberCop has the Italian government and U.S. fund KK ...
9 hours ago
India launches investigation on some aluminium wire products from Malaysia
April 27 : India has launched an investigation on some aluminium wire products from Malaysia in the backdrop of existing countervailing duties that are set to lapse in September, the government said late on Monday.A group of companies including Hindalco Industries Limited, Vedanta Limited and Bharat ...
9 hours ago
Sam Altman's sister loses lawyers in her sexual abuse lawsuit against OpenAI CEO
April 27 : The two law firms representing Sam Altman's sister in her sexual abuse lawsuit against the OpenAI chief executive said on Monday they are withdrawing from her case.In filings in St. Louis federal court, the Mahoney Law Firm and the Simon Law Firm cited "an unfortunate general br ...
9 hours ago
Accenture to roll out Copilot to all 743,000 employees in boost for Microsoft
April 27 : Microsoft is rolling out its Copilot 365 AI assistant to all of Accenture's roughly 743,000 employees, in the biggest enterprise deal for the chatbot as the software giant seeks to convert more of its vast customer base into paying users.Financial details of the agreement were not di ...
10 hours ago
UK-based AI startup Ineffable raises $1.1 billion in Europe's largest seed financing
LONDON, April 27 : UK-based Ineffable Intelligence, founded by former DeepMind researcher David Silver, has raised $1.1 billion in a seed funding round led by U.S. venture capital firms Sequoia Capital and Lightspeed, with backing from the British government.The round - Europe's largest seed fi ...
10 hours ago
David Attenborough centenary celebrations start with closer look at 'Life on Earth'
LONDON, April 27 : Celebrations to mark the 100th birthday of renowned British naturalist David Attenborough start next week with a show delving deeper into his milestone 1979 TV series "Life on Earth".That programme - with its famous face-to-face encounters with mountain gorillas in Rwand ...
11 hours ago
Amazon secures exclusive rights to Oprah Winfrey's podcast
April 27 : Amazon signed a multi-year deal with American talk show host Oprah Winfrey's Harpo Entertainment that gives its Wondery podcast unit exclusive distribution and advertising rights to "The Oprah Podcast" in audio and video, the companies said on Monday.The podcast features Wi ...
11 hours ago
Google gets pointers from EU regulators on helping AI rivals access services
BRUSSELS, April 27 : Alphabet's Google was given pointers by EU antitrust regulators on Monday on how to help online search rivals and artificial intelligence developers access its services such as those available to its Gemini AI model under rules aimed at reining in Big Tech.The move by the E ...
12 hours ago
Mooreast to divest 51 Shipyard Road for $29.7 mil
Felicia Tan - Mooreast Holdings has agreed to divest 51 Shipyard Road for a cash consideration of $29.7 million. On April 27, the group announced that it had granted an option to purchase to HLMG-Nuform System for the sale of the leasehold 30,691 sqm (323,000 sq ft) property. The land — comprising Lots 192V, 19 ...
12 hours ago
Oil advances with Middle East in focus, equities rise slightly
NEW YORK/LONDON, April 27 : MSCI's global equities index advanced modestly on Monday after the White House said President Donald Trump was reviewing a proposal from Iran while investors looked cautiously ahead to a busy week of megacap earnings reports, economic data and central bank decisions. ...
12 hours ago
Oil rises on stalled peace talks while Wall Street stocks slip
NEW YORK/ LONDON, April 27 : Oil futures rose on Monday as energy supplies were tight with U.S.-Iran peace talks stalled while Wall Street equity indexes inched down as investors looked cautiously ahead to a busy week of megacap earnings reports, economic data and central bank decisions.While a ceas ...
12 hours ago
Microsoft facing UK antitrust lawsuit from Slack over Teams 'bundling'
LONDON, April 27 : Salesforce and its workspace messaging app Slack are suing Microsoft at London's High Court over alleged anticompetitive practices relating to its Teams app.Slack Technologies LLC and related companies filed the lawsuit on April 23, which a Slack spokesperson said was "b ...
12 hours ago
CapitaLand Ascendas Reit’s portfolio occupancy dips to 90.5% in Q1; rental reversion slows
Benicia Tan - Occupancy in Australia falls 1.4 percentage points quarter or quarter; in Singapore, it slips by 0.6 percentage points
12 hours ago
OpenAI breaks free from exclusive AI pact with Microsoft
New products from the artificial intelligence startup will still be made available first on cloud unit Azure
12 hours ago
AI casts existential shadow over legacy software companies, Bridgewater CIOs warn
April 27 : When Amazon began selling books online, many feared traditional bookstores such as Barnes & Noble would fade into obsolescence. Drawing parallels with that episode from the 1990s, Bridgewater's co-chief investment officers said similar existential threats now loom over legacy sof ...
13 hours ago
US stocks drift as their record-breaking rally slows, while oil prices rise
NEW YORK: The US stock market’s record-breaking rally is slowing on Monday (Apr 27) after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices are rising.The S&P 500 was virtually unchanged, coming off its latest all-time high driven by strong profit ...
14 hours ago
Musk and Altman head to trial in feud over future of OpenAI
Tesla CEO seeks US$134 billion from OpenAI and Microsoft, which he pledges to give to OpenAI’s charitable arm
14 hours ago
Wall St opens lower as investors weigh US-Iran conflict before earnings rush
[NEW YORK] Wall Street’s main indexes opened slightly lower on Monday (Apr 27) as peace talks between the US and Iran stalled,...
14 hours ago
Eneco Energy to acquire Fastweld Engineering Construction for a total consideration of $4.3 mil
Teo Zheng Long - Eneco Energy (SGX: R14 ) announced that it has entered into a sales and purchase agreement on April 24 with Union Steel (SGX: ZB9 ) for the acquisition of Fastweld Engineering Construction Pte Ltd for a total consideration of $4.3 million, which was determined on a willing-buyer and willing-seller b ...
14 hours ago
Shell to buy Canada's ARC in output-boosting US$16.4 billion deal
It would boost its output by 370,000 barrels of oil equivalent per day
14 hours ago
Microsoft, OpenAI change terms of deal so startup can court Amazon and others
April 27 : Microsoft and OpenAI renegotiated a pact that let Microsoft exclusively sell the ChatGPT creator's artificial intelligence models, clearing the way for the startup to forge new deals with rivals to the software and enterprise giant, including Amazon.The loosened ties between Microsof ...