11 hours ago
Mondelez beats first-quarter estimates on resilient demand, pricing strength
The company reaffirmed its annual organic net revenue and adjusted earnings per share.
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
11 hours ago
China’s used cooking oil ships to US as war drives biofuel boom
Fuel makers now are scrambling to acquire feedstocks to churn out renewable diesel
11 hours ago
Oil rises on reports US will extend Iran blockade, prolonging Middle East supply disruptions
Global energy prices could rise 24 per cent in 2026 to their highest level since Russia’s invasion of Ukraine
11 hours ago
Oil ends up nearly 3% as Hormuz disruption outweighs UAE Opec exit
Global energy prices could rise 24 per cent in 2026 to their highest level since Russia’s invasion of Ukraine
11 hours ago
Toyota suppliers start to see shortages due to Iran conflict
With little visibility into which components might suddenly become unavailable, parts makers are issuing cautious forecasts for the current fiscal year
11 hours ago
Singapore logistics firms mull cost-cutting moves amid energy crisis, but some EV adopters find room to expand
One company that uses electric delivery vehicles and solar panels is planning to hire more people to cope with growing business enquiries.
11 hours ago
European shares hit near three-week low on Middle East impasse, mixed earnings
EUROPEAN shares ended near a three-week low on Tuesday as mixed corporate earnings, uncertainty over the Middle East conflict, and caution ahead of...
11 hours ago
US stocks: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earnings
[NEW YORK] US stocks closed lower on Tuesday, backing away from record closing highs as renewed concerns over the artificial intelligence boom weighed on...
12 hours ago
NXP Semiconductors forecasts strong quarterly results, shares jump
April 28 : NXP Semiconductors forecast second-quarter revenue and profit above Wall Street expectations on Tuesday, betting on an ongoing recovery in the industrial and automotive chip markets to boost revenue, sending its shares up 15 per cent in extended trading.NXP derives most of its revenue fro ...
12 hours ago
San Francisco, Port of Oakland settle airport trademark lawsuit
April 28 : The City of San Francisco and the Port of Oakland have settled their trademark dispute over the use of "San Francisco" in the Oakland airport's name, according to a press release issued Tuesday.The Port of Oakland had previously decided to change its airport's name to ...
12 hours ago
Analysis:UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
LONDON, April 28 : OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the producer alliance is likely to stick together and continue to coordinate on oil supply policy, OPEC+ delegates and analysts said on Tu ...
13 hours ago
Trump administration fires entire National Science Board
WASHINGTON, April 27 : President Donald Trump's administration has terminated the entire National Science Board of more than 20 members, two fired members of the board said on Monday.Here are some details:• The independent board was established in 1950 to guide the governance of the National ...
13 hours ago
T-Mobile lifts annual forecast for account additions after upbeat quarterly results
April 28 : T-Mobile raised its forecast for annual postpaid net account additions on Tuesday, as competitive pricing and bundled streaming benefits help the U.S. wireless carrier attract customers in a saturated market.The company expects to add between 950,000 and 1.05 million postpaid accounts in ...
16 hours ago
OpenAI's latest AI models, Codex now available on Amazon Bedrock
April 28 : OpenAI is now offering its latest AI models and its Codex coding agent on Amazon's cloud services platform, the companies said on Tuesday, a day after the ChatGPT creator loosened its ties with long-time backer Microsoft.OpenAI is also rolling out a service for developers to build an ...
16 hours ago
EU rules reining in Big Tech will now target cloud services and AI, regulators say
BRUSSELS, April 28 : The European Union plans to turn the focus of its landmark rules curbing the power of Big Tech to cloud and artificial intelligence services, aiming to promote fairer competition after seeing positive results in other digital areas, EU regulators said.The EU Commission's Di ...
17 hours ago
Worldline completes divestments, revenues beat expectations
April 28 : European digital payment service group Worldline on Tuesday reported quarterly revenues which slightly beat market expectations and said it had completed its divestment scheme with the sale of a 51 per cent stake in its Australian payment business.The divestment programme was aimed at sli ...
17 hours ago
Oil prices rise with eyes on Iran, UAE; AI concerns weigh on stocks
NEW YORK, April 28 : Oil prices rose on Tuesday as investors assessed the stalemate in the Iran conflict and news that the United Arab Emirates was cutting ties with OPEC, while concerns that the AI boom was losing momentum weighed on equity markets.U.S. bond prices also slid, with yields up on conc ...
17 hours ago
Oil prices rise with eyes on UAE, AI concerns weigh on stocks
NEW YORK, April 28 : Stocks fell and oil prices rose on Tuesday as investors assessed the stalemate in the Iran conflict and news the United Arab Emirates was cutting ties with OPEC, while concerns the AI boom was losing momentum weighed on equity markets.U.S. bond prices also slid, with yields up o ...
17 hours ago
Amazon targets mass hiring with agentic software, goal to humanize AI
SAN FRANCISCO, April 28 : Amazon, which hires hundreds of thousands of workers every year for the holiday rush, on Tuesday introduced new software meant to speed up the process by excising a sizable chunk of the human element: the face-to-face job interview.The Seattle-based firm also outlined its n ...
17 hours ago
US lawmakers take on AI chatbots, fraud in new bills
April 28 : Members of Congress from both major U.S. political parties joined to propose new legislation this week related to artificial intelligence, as they aimed to tackle safety concerns without blocking innovation.Some Republicans and Democrats are moving to regulate AI amid concerns about the t ...
18 hours ago
UPS posts lower Q1 profit as it scales down Amazon deliveries
The parcel giant has been shifting its focus to higher-margin shipments to support profitability and control costs
19 hours ago
World Bank forecasts 24% surge in energy prices in 2026 due to Middle East war
Commodity prices could rise even further if hostilities in the region escalated
19 hours ago
Mencast and Salt Investments to jointly tackle marine waste
The Edge Singapore - Mencast Holdings and Salt Investments are collaborating to manage marine waste. The two companies, via their respective subsidiary units, will jointly collaborate in collecting, receiving, treating, and responsibly processing marine oily waste, slops and sludge generated by marine vessels. The two p ...
19 hours ago
US signs energy and AI deals with Balkan countries as its influence widens
DUBROVNIK, Croatia, April 28 : The United States and U.S. companies signed deals worth billions of dollars with Balkan countries on Tuesday, boosting Washington's energy presence in the region and backing AI development.The U.S. is seeking to deepen ties and counter the influence of Russian oil ...
19 hours ago
Mapletree Industrial Trust Q4 DPU falls 8%
Benicia Tan - Distribution per unit for FY2026 totals S$0.1271, down from S$0.1357 a year earlier
19 hours ago
T-Mobile deepens broadband push with new fiber joint ventures
April 28 : T-Mobile said on Tuesday it signed deals to form two joint ventures with Oak Hill Capital and Wren House, expanding its fiber internet business to complement its fast-growing broadband and core wireless base.• T-Mobile and Oak Hill will form a joint venture to combine two of the private ...
19 hours ago
Nasdaq opens lower as fresh concerns around AI pressure tech stocks
[NEW YORK] The Nasdaq Composite opened lower on Tuesday (Apr 28), underperforming the benchmark S&P 500 and the blue-chip Dow, as investors...
19 hours ago
Mapletree Industrial Trust reports FY2026 DPU of 12.71 cents, 6.3% lower y-o-y
Teo Zheng Long - Mapletree Industrial Trust (MINT) (SGX: ME8U ) has reported a distribution per unit (DPU) of 12.71 cents for FY2026, ended March 31, 2026, 6.3% lower y-o-y. Gross revenue and net property income (NPI) in the same period were down by 5.5% and 5.9% y-o-y to $673.0 million and $500.4 million respective ...
19 hours ago
New AI partnership to propel INEOS Grenadiers back to top, team hopes
LONDON, April 28 : INEOS Grenadiers cycling team will embark on a new chapter with AI at the heart of its quest for Grand Tour victories after signing a five-year partnership with Danish technology firm Netcompany, the British outfit announced on Tuesday.The re-brand will be launched at next week� ...
20 hours ago
Oil prices trim gains after UAE exits OPEC, OPEC+
LONDON: Oil prices rose more than 3 per cent on Tuesday (Apr 28) as stalled efforts to end the Iran war kept the Strait of Hormuz largely closed, constraining Middle East supplies, though the UAE's announcement that it would l
20 hours ago
Standard Chartered, BlackRock, OKX launch collateral framework for tokenised Treasury fund
April 28 : Standard Chartered announced on Tuesday the launch of a new framework that permits institutional clients to use BlackRock's tokenised short-term U.S. Treasury fund as collateral on the crypto trading platform OKX.Here are some details:• The lender has partnered with BlackRock and O ...
20 hours ago
BYD’s quarterly profit slides fastest in six years as China sales falter
Its earnings fall 55.4% from the year before to 4.1 billion yuan
20 hours ago
GM lifts profit outlook as US truck sales boost first quarter
It reported earnings before interest and taxes of US$4.3 billion, or US$3.70 per share
20 hours ago
Greece's Methana shows volcanoes can slumber a long time before reawakening
April 28 : For people living in communities in the shadow of a volcano, a long silence may give the impression that the geological beast is not merely sleeping but has gone extinct. But, as research detailing the life history of one in Greece shows, a volcano can slumber for more than 100,000 years ...