2 days ago
European shares rise as banks, healthcare rally; investors weigh geopolitics, AI impact
The fresh AI-driven jitters have rippled across sectors, including software, insurance and trucking
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
2 days ago
Waymo defends use of remote assistance workers in US robotaxi operations
WASHINGTON, Feb 17 : Alphabet self-driving unit Waymo on Tuesday defended its use of remote assistance personnel in the face of questions from Congress and said they have never been used to move robotaxis in U.S. on-road operations.Waymo told Democratic Senator Ed Markey in a letter that it has not ...
2 days ago
Waymo defends use of remote assistance workers in robotaxi operations
WASHINGTON, Feb 17 : Alphabet self-driving unit Waymo on Tuesday defended its use of remote assistance personnel in the face of questions from Congress and said they have never been used to move robotaxis in on-road operations.Waymo told Senator Ed Markey in a letter that it has not used remote driv ...
2 days ago
Stripe's crypto unit Bridge obtains initial approval to establish a trust bank
Feb 17 : Bridge has gained conditional approval to set up a national trust bank from a top U.S. financial regulator, the Stripe-owned stablecoin infrastructure provider said on Tuesday.Crypto giants, including Ripple and Circle, in December received preliminary approval to establish national trust b ...
2 days ago
Vance says he worries about companies surveilling Americans with AI
WASHINGTON, Feb 17 : U.S. Vice President JD Vance on Tuesday said he worries about how companies use artificial intelligence. "I worry about companies using artificial intelligence to surveil Americans. I worry about invasions of privacy, I worry a lot about political bias," Vance said in ...
2 days ago
Fed must dig deep on AI impact to make right rate calls ahead, Daly says
Feb 17 : The Federal Reserve must dig deep on the data to assess whether artificial intelligence is boosting productivity growth and enabling faster economic growth without igniting inflation or requiring the Fed to tap the brakes with tighter policy, San Francisco Fed President Mary Daly said on Tu ...
2 days ago
Data leak at Abu Dhabi finance summit exposes global figures, FT reports
Feb 17 : Passports and other ID documents of hundreds of attendees of Abu Dhabi's flagship investment conference, including former British Prime Minister David Cameron and hedge fund billionaire Alan Howard, were exposed online, the Financial Times reported on Tuesday.The FT, citing documents, ...
2 days ago
AT&T sued by New York City pension funds for excluding diversity proposal
NEW YORK, Feb 17 : AT&T was sued on Tuesday by four New York City public pension funds, which accused it of wrongly refusing to let shareholders vote on their proposal to require the telecommunications company to disclose the breakdown of its 133,000-person workforce by race, ethnicity and gende ...
2 days ago
US Supreme Court adopts new technology to help identify conflicts of interest
WASHINGTON, Feb 17 : The U.S. Supreme Court announced on Tuesday that it has adopted new software to assist in identifying whether a case poses a potential conflict of interest for the justices, who decide for themselves whether to step aside from participation in cases.The software, created by the ...
2 days ago
Mississippi holds hearing on xAI data center amid environmental lawsuit threat
WASHINGTON, Feb 17 : Mississippi regulators will host a public hearing on Tuesday over plans by Elon Musk's xAI to build a gas-fired power plant to power its Colossus II data center, as the company faces a lawsuit threat by the NAACP, accusing it of violating federal law by installing and opera ...
2 days ago
Fake Milano Cortina sites target thousands with discount scams, cybersecurity firm says
MILAN, Feb 17 : Cybersecurity firm Bitdefender said on Tuesday it had uncovered a wave of online scams using near-identical sites to the official Milano Cortina 2026 merchandise store to trick shoppers in Europe and the United States.Bitdefender Labs said the scam was spreading through fraudulent ad ...
2 days ago
Tripadvisor engages with Starboard as activist seeks board control, sale
Feb 17 : Tripadvisor said on Tuesday its board and management held multiple discussions with activist investor Starboard Value, which owns about 9 per cent of the company and has accused it of failing to hold management accountable for "value destruction".In a sharply worded letter on Tues ...
2 days ago
Stocks gyrate on AI jitters, gold slides as US-Iran talks progress
NEW YORK, Feb 17 : Wall Street stocks see-sawed on Tuesday, as investors continued to wrestle with the pros and cons of the artificial intelligence boom, while gold slid and crude dipped as nuclear talks progressed between the United States and Iran.The three main U.S. stock indexes gyrated through ...
2 days ago
Stocks dip on AI jitters, gold slides as US-Iran talks progress
NEW YORK, Feb 17 : U.S. stocks dipped in early trade on Tuesday, while gold slid as investors continued to wrestle with the pros and cons of the artificial intelligence boom and nuclear talks progressed between the United States and Iran.The three main U.S. stock indexes reversed earlier tentative g ...
2 days ago
Tiger Global, Adage Capital trimmed stakes in AI heavyweights
PROVIDENCE, Rhode Island, Feb 17 : Tiger Global Management and Adage Capital Partners were among investors that trimmed their holdings of some AI heavyweights including Nvidia and Amazon during the fourth quarter of 2025, according to U.S. Securities and Exchange Commission disclosures. The quarterl ...
2 days ago
Adage Capital trims stakes in AI heavyweights
PROVIDENCE, Rhode Island, Feb 17 : Adage Capital Partners said in its latest filing with the U.S. Securities and Exchange Commission that it trimmed its investments in some AI heavyweights in the fourth quarter of 2025, while Softbank Group Corp reported it had dissolved its stake in Nvidia, a tra ...
2 days ago
Softbank Group SEC filing details fourth-quarter sale of Nvidia stake
PROVIDENCE, Rhode Island, Feb 17 : Softbank Group Corp said in its latest 13-F filing with the U.S. Securities & Exchange Commission that it had dissolved its stake in Nvidia in the fourth quarter of 2025, a transaction the company first disclosed in November.The $5.8 billion sale took place in ...
2 days ago
Softbank Group dissolves share stake in Nvidia, according to SEC filing
PROVIDENCE, Rhode Island, Feb 17 : Softbank Group Corp. disclosed that it dissolved its stake in Nvidia during the fourth quarter of 2025, according to Softbank's 13-F filing with the U.S. Securities & Exchange Commission for the period.In the aftermath of the news, Nvidia's stock pric ...
2 days ago
Saudi's Public Investment Fund transfers stake in Take-Two Interactive
(Corrects story and headline to clarify that PIF has transferred the stake to a subsidiary, and not dissolved it, and removes reference to Saudi's gaming push)Feb 17 : Saudi Arabia's Public Investment Fund has transferred its stake in Take-Two Interactive to a subsidiary, a regulatory fili ...
2 days ago
Saudi's Public Investment Fund dissolves stake in Take-Two Interactive
Feb 17 : Saudi Arabia's Public Investment Fund has dissolved its stake in Take-Two Interactive, a regulatory filing showed on Tuesday, ahead of the videogame publisher's highly anticipated launch of "Grand Theft Auto VI."The PIF, Saudi Arabia's sovereign wealth fund, was Tak ...
2 days ago
Analysis:Europe squares up to Big Tech, risking ire of Washington
MADRID, Feb 17 : European nations are ratcheting up the pressure on social media companies, responding to a public outcry over child safety fears but risking a backlash from the United States, home to the likes of Facebook and Elon Musk's X. Spain on Tuesday ordered prosecutors to investigate F ...
2 days ago
Raspberry Pi soars 40% as CEO buys stock, AI chatter builds
MILAN, Feb 17 - Shares in Raspberry Pi rose as much as 42 per cent on Tuesday in a record two‑day rally after CEO Eben Upton bought stock in the beaten‑down UK computer hardware firm, halting a months‑long slide, as chatter grew that its products could benefit from low‑cost artificial‑inte ...
2 days ago
Ormat signs 150 MW geothermal power deal with NV Energy to supply Google in Nevada
Feb 17 : Renewable energy company Ormat Technologies said on Tuesday that it has entered into a long-term geothermal power purchase agreement with NV Energy to support Google's operations in Nevada.The agreement for 150 megawatts of new geothermal capacity would allow Ormat to develop a serie ...
2 days ago
France's AI company Mistral buys cloud service startup Koyeb
PARIS, Feb 17 : French artificial intelligence company Mistral AI said on Tuesday it had agreed to buy cloud computing service startup Koyeb based near Paris for an undisclosed amount."With this first acquisition, Mistral AI takes a significant step forward in its mission to build a full-stack ...
2 days ago
India tells global tech platforms to follow constitution after tougher content rules
Feb 17 : India's information minister said on Tuesday that big tech platforms like Google's YouTube, Meta, X and Netflix must operate within the country's constitutional framework, a week after New Delhi tightened its content-takedown rules.His comments came on the sidelines of an art ...
2 days ago
Trading platform eToro beats profit estimates on growth across asset classes
Feb 17 : Stock and crypto trading platform eToro beat estimates for fourth-quarter profit on Tuesday on strength across the asset classes it offers.Shares of eToro rose about 8.9 per cent before the bell. U.S. equity markets rose during the quarter as interest-rate cuts supported investor confidence ...
2 days ago
Trading platform eToro beats profit estimates on robust market activity
Feb 17 : Stock and crypto trading platform eToro beat estimates for fourth-quarter profit on Tuesday as strong capital market activity drove up trading income, sending its shares up 18.4 per cent.U.S. equities had an upbeat quarter as interest-rate cuts supported investor confidence, although volati ...
2 days ago
Activist investor Jana Partners builds stake in Fiserv, WSJ reports
Feb 17 : Activist investor Jana Partners has built a stake in Fiserv and is pressing the payments company to pursue steps to lift its lagging share price, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The size of Jana's stake, and whether the activist inve ...
2 days ago
Warner Bros rejects Paramount's revised offer, sets 7-day deadline for better bid
Feb 17 : Warner Bros Discovery has rejected Paramount Skydance's latest $30-a-share hostile takeover bid, but is giving the Hollywood studio seven days to see if it can come up with a better deal to buy the owner of HBO Max and the "Harry Potter" franchise, Warner Bros said on Tuesday ...
2 days ago
Warner Bros rejects Paramount's revised offer, but gives studio a week to negotiate better deal
Feb 17 - Warner Bros Discovery has rejected Paramount Skydance's latest $30-a-share hostile takeover bid, but is giving the Hollywood studio seven days to see if it can come up with a better deal to buy the owner of HBO Max and the "Harry Potter" franchise, Warner Bros said in a state ...
2 days ago
Warner Bros rejects revised Paramount bid, but remains open to a final offer
"We continue to recommend and remain fully committed to our transaction with Netflix," said Warner Bros chairman and CEO in a letter to Paramount.
2 days ago
Sateliot, PLD Space to launch two 5G satellites in first Spanish mission
Feb 17 : Satellite startup Sateliot and space engineering firm PLD Space have signed a deal to launch two 5G satellites in what will be the first such private mission carried out solely by Spanish companies, they said on Tuesday.Private rocket companies around the world are planning to deploy thousa ...
2 days ago
Qualcomm says UK lawsuit over smartphone chip royalties will be withdrawn
LONDON, Feb 17 : Qualcomm on Tuesday said a London lawsuit alleging it had abused its dominant position to force Apple and Samsung to pay inflated royalties will be withdrawn.The British consumers' association called Which? had brought the case on behalf of around 29 million people who bought i ...
2 days ago
Toymaker Lego builds India footprint, aims for 50 stores by 2030
MUMBAI, Feb 17 : Danish toymaker Lego plans to open 50 stores in India by 2030, ramping up investment in one of its fastest-growing Asian markets, as rising incomes and demand for screen-free play power growth, a senior executive said.The family-owned company, known for its colourful building blocks ...