Berkshire warns of AI deepfakes impersonating Warren Buffett
Warren Buffett has a message for people who generate or view AI-created impersonations of him. There's only one Oracle of Omaha.Berkshire Hathaway said on Thursday that videos using AI-generated images of its longtime chief executive are circulating on YouTube, featuring comments he never made. ...
Shein sex doll scandal shines light on marketplaces' dark corners
LONDON :France's crackdown on Shein over childlike sex dolls and banned weapons is exposing a perennial problem of online marketplaces: failing to properly police third-party sellers and block sales of counterfeit, illegal, dangerous or simply offensive products.Online marketplaces - platforms ...
Italy's Nexi says it received TPG offer for digital banking assets
MILAN :Italy's Nexi has received an offer from U.S. private equity fund TPG for several assets in its digital banking solutions business, the payments group said on Friday.The board will look at the offer, Nexi said in a statement, reacting to a report by Bloomberg about the TPG approach. Share ...
Sri Trang Agro-Industry posts Q3 loss of 841.9 million baht amid lower rubber prices, tariff uncertainty
Low Youjin - Revenue for the quarter is down 31.8% year on year
UBS joins list of star tenants in GIC-backed Mumbai tower: sources
The bank will move staff to the Altimus, a building jointly owned by GIC and India’s K Raheja
Sri Trang Gloves Q3 loss widens to 106 million baht on impairment, derivative losses
Tay Peck Gek - The steeper net loss comes as its top line decreases 5.6% year on year to 6.1 billion baht, even as sales volume...
Trump Media's quarterly loss widens as costs soar
Trump Media & Technology Group reported a bigger third-quarter loss and a decline in revenue on Friday, squeezed by a surge in expenses, highlighting the Truth Social parent's steep financial hurdles.Shares of the company, a volatile favorite of retail investors, fell more than 3 per cent i ...
AI platforms not danger but opportunity for Amadeus, CEO says
Spanish travel technology company Amadeus is "extremely well positioned" to deal with possible expansion into its industry by large-language-models and AI platforms like ChatGPT, the company's chief executive said on Friday.According to Luis Maroto, Amadeus' objective is to be th ...
Amazon takes low-cost ecommerce service global
Amazon.com on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it Amazon Bazaar, as part of a push to compete with Chinese rivals including Shein and PDD Holding's Temu.The expansion of the service comes at a time when U.S. President Donald Trum ...
Nvidia CEO Jensen Huang says AI chip sales to China are blocked for now
The company is not trying to revive efforts to get Blackwell AI chips to Chinese firms
Bundesbank chief uses AI to check dovish-hawkish balance in speeches
FRANKFURT :Exploring the potential uses of artificial intelligence, Bundesbank President Joachim Nagel is now using the technology to check how his speeches will be perceived and whether he found the right balance on the dovish-hawkish spectrum, he said on Friday. Some investment banks have built l ...
Some Nexperia chip shipments resume as Germany welcomes 'de-escalation'
BERLIN/TOKYO: Semiconductor maker Nexperia has resumed some shipments of its vital chips, auto executives said on Friday (Nov 7), with Germany welcoming signs of de-escalation in a fight for control of the
US: Wall Street set for weekly declines as concerns over economy, tech valuations weigh
[NEW YORK] Wall Street’s main indexes opened lower on Friday (Nov 7), and were set for sharp weekly declines, as concerns about...
India proposes five-year extension of anti-dumping duty on Malaysian glass
(Refiles to broaden clients. No changes to text.)By Manoj KumarNEW DELHI :India's trade watchdog recommended extending anti-dumping duties on glass imports from Malaysia for another five years, warning that ending tariffs could trigger renewed dumping and hurt domestic producers already affecte ...
Indonesia discussing plan for merger of Grab and GoTo, official says
JAKARTA: Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the presidential spokesperson said on Friday (Nov 7).The government considers the ride-hailing industry as strategic for job creation and vital to the economy. GoTo& ...
Indonesia discussing plan for merger of Grab and GoTo: official
[JAKARTA] Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the presidential...
Some Nexperia chip shipments resume as Germany welcomes ‘de-escalation’
Aumovio has secured deliveries of Nexperia’s chips from China
US shutdown compounds worst year for currency trading since 2005
Traders less willing to stake big bets with a dearth of crucial economic and market positioning statistics
Italy's Intesa expands digital investment offer in Belgium and Luxembourg
MILAN :Italy's biggest bank Intesa Sanpaolo said on Friday its Fideuram private banking arm was launching a digital investment offer partnering with BlackRock in Belgium and Luxembourg. Intesa teamed up with BlackRock in 2024 to expand the offering of Fideuram Direct, the digital wealth managem ...
STI breaks out of twice tested resistance but S&P 500 looks ready to rest
Goola Warden - The Straits Times Index (STI) rose by 64 points during the week of Nov 3 to 7 to end at 4,492 on Nov 7, a tad below the 4,500 psychological roundophic 4,500 level. Although the index managed to move above the twice-tested resistance at 4,440, the breakout is not convincing as quarterly momentum is i ...
French minister raises 'not acceptable' Shein sex dolls with China
SHANGHAI: France's foreign trade minister said on Friday (Nov 7) he had told Chinese authorities "in a spirit of cooperation" that sales of childlike sex dolls on e-commerce giant Shein's French website were "not acceptable".Paris moved on Wednesday to
Wall St reacts to Musk's $1 trillion pay plan approval by Tesla investors
Tesla CEO Elon Musk has won shareholder approval for the largest corporate pay package in history.At the EV maker's annual meeting at its factory in Austin, Texas, Musk bounded to the stage accompanied by dancing robots. The proposal was approved with more than 75 per cent support, allowing Mus ...
Full ride-hailing licences being evaluated for Trans-Cab, Geolah beyond 2025: LTA
[SINGAPORE] With just under two months left on their one-year provisional permits to offer ride-hailing services, Trans-Cab and Geolah’s eligibility for full ride-hailing...
'GTA VI' delay to November 2026 allows Take-Two potentially bigger launch, analysts say
Repeated delays of "Grand Theft Auto VI" have failed to perturb analysts, who believe the new release window will allow Take-Two Interactive to make a bigger splash when it launches the videogame industry's highly anticipated title next year.The videogame publisher pushed the title to ...
Ikea profit falls 26% to 1.7 billion euros as US tariffs fuel costs
Overall sales from the company’s stores across 63 markets around the world fall for a second year in a row
Indonesian sovereign wealth fund Danantara bids US$1 billion for land at Mecca site: sources
If Danantara’s bid succeeds, it would mark the sovereign fund’s first overseas investment
Jack Dorsey-led Block's shares fall amid concerns over Square profitability
Shares of fintech Block fell 15.1 per cent in premarket trading on Friday, as investors balked at profit growth lagging volume increase at its payments unit, Square. Gross payments volume (GPV) for Square, which provides payments solutions to small- and medium-sized businesses, grew 12 per cent in t ...
European Commission, Shein to meet after French call for investigation
BRUSSELS :Representatives of the European Commission and Shein will meet on Friday, a spokesperson of the Commission said, after the French government called for an investigation into the Chinese e-commerce group due to the alleged sale of child-like sex dolls and banned weapons on its marketplace.T ...
Wall Street futures struggle for traction at end of wobbly week
U.S. stock futures struggled for traction on Friday, after a wobbly week for Wall Street amid concerns about the economy and sky-high valuations in the technology sector. The three main U.S. indexes ended sharply lower in the previous session, with the tech-heavy Nasdaq falling almost 2 per cent aft ...
Expedia shares jump on strong bookings from business clients
Shares of Expedia rose 15 per cent on Friday after the online travel agent forecast higher 2025 revenue and margin growth, banking on strong bookings from its business clients. The Seattle-based company reported that its B2B segment, which serves corporate travel management firms, offline travel age ...
UMS Q3 earnings rise 1% to S$10.5 million, announces 1-for-4 bonus issue
Tay Peck Gek - The board has also proposed a third interim dividend of S$0.01 per share
Japan to temporarily hike fuel subsidies to smooth tax cut impact
TOKYO: Japan's industry ministry said on Friday (Nov 7) it will temporarily raise gasoline and diesel subsidies from next week in an attempt to smooth the impact of planned tax cuts on the fuels.The country's ruling and opposition parties agreed this week to scrap the gasoline levy by Dec ...
UOB CEO Wee Ee Cheong purchases 150,000 shares at $33.757 per share after 3QFY2025 results
Nicole Lim - CEO of United Overseas Bank (UOB) Wee Ee Cheong has purchased 150,000 ordinary shares at $33.75783 per share on Nov 7, a day after the bank announced lower 3QFY2025 earnings. UOB reported a 72% y-o-y drop in net profit of $443 million for the third quarter of this year, which it attributed to making ...
Powermatic Data Systems shares up on special dividend
Lin Daoyi - Mainboar-listed Powermatic Data Systems, a designer and manufacturer of wireless connectivity devices, has announced a special interim dividend of 10 cents per share. Amounting to $3.5 million, the payout will be made from revenue reserves from prior financial years. The record date is Nov 17. In 1H ...
