Business
Amazon cloud revenue, income forecast disappoint, shares slide
AMAZON.COM on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.…
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Business
Business
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the…
Business
US: Stocks boosted by gains in Microsoft, Meta
WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an…
Business
U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
The U.S. dollar has fallen about 9 percent in the past three months, according to an index that tracks its performance against a basket of…
Business
Employee Exit Emails That Don't Burn Bridges
Leaving a job can be a bittersweet experience. Whether you’re moving on to new adventures or just need a change, the way you say goodbye…
Business
Electric Hearses In Asia Sure Are Different
Read the full story on Backfire News Call it a cultural thing, because it is, but when we think of an electric hearse what immediately…
Business
Tears as woman shares moments mother-in-law truly heard her: 'You're rich"
A woman crying over a seemingly simple cheeseburger online shared a special story of love and support in a viral TikTok clip. In the…
Business
Spain to approve BBVA bid for Sabadell, Bloomberg reports
Spain’s antitrust agency approved with conditions BBVA‘s (BBVA) bid to acquire Banco Sabadell, Jorge Zuloaga of Bloomberg reports, citing…
Business
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Business
US: Wall Street leaps at the open on Microsoft, Meta boost
Wall Street’s main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong quarterly results…
Business
Elon Musk Freaks Out Over Report Tesla Is Trying to Force Him Out
Elon Musk isn’t happy about a report that his own company is looking to replace him. The Wall Street Journal reported Thursday that…
Business
Tesla Chair Denies That Board Sought to Replace Elon Musk
The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief…
Business
Rory McIlroy and Investment Giant TPG Team Up for Sports Venture
Fresh off finally securing a career grand slam with a thrilling win at the Masters, Rory McIlroy, the world’s second-ranked golfer, is…
Business
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial…
Business
Tesla chair denies plans to look for new CEO to replace Musk
Tesla chair Robyn Denholm on Thursday (May 1) denied a Wall Street Journal report that said board members had reached out to executive…
Business
In an Uncertain Economy, McDonald’s Sees Spending Decline
Even value meals aren’t enough to get anxious consumers to spend. Despite efforts to entice customers to its restaurants, McDonald’s saw…
Business
Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each
Mainboard-listed Q&M Dental Group (Singapore) has made a mandatory unconditional cash offer to acquire all the shares it does not already…
Business
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
World Liberty Financial, the Trump family’s decentralised finance project, said its new stablecoin is being used for a US$2 billion…
Business
Auto Shanghai 2025: Huawei’s ‘Auto Wintel’ ecosystem – reshaping China’s smart vehicle industry
Auto Shanghai 2025, one of the major global automotive events on the calendar, is taking place from 23 April - 2 May 2025 and GlobalData…
Business
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in…
Business
Column: The 'USA' brand was 250 years in the making. It took just 100 days to trash it
Ken Griffin, one of the billionaire donors who’d convinced themselves that President Trump wouldn’t do some things he campaigned to do,…
Business
BYD breaks ground on Cambodia EV plant as part of global expansion
CHINESE carmaker BYD has broken ground on a US$32 million passenger electric vehicle (EV) plant in Cambodia, marking its latest move to…
Business
Tesla sales sink again in France, Denmark amid anti-Musk protests
Tesla sales fell in France for a fourth straight month in April and also dropped in Denmark, data showed on Thursday (May 1), the latest…