Business
What happens to Roombas now that the company has declared bankruptcy?
Roomba maker iRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics. Founded 35 years…
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Business
Business
Plant closure will lead to hundreds of layoffs in Riverside
The meat processing company JBS is closing a packing facility in Riverside and will lay off 374 employees, according to a notice from the…
Business
US: Wall Street opens higher as investors gear up for data-packed week
WALL Street’s main indexes opened higher on Monday (Dec 15), rebounding from a tech-driven rout last week, while investors braced for a…
Business
MUFG said to near deal for stake in India’s Shriram
Mitsubishi UFJ Financial Group is nearing a deal to buy a minority stake in India’s Shriram Finance, according to people familiar with the…
Business
The Reason Why Glenn Beck Made a Weird AI George Washington
Beck asks his AI Washington what he thinks America’s biggest problem is. Washington starts to answer in a formal tone about dangers to the…
Business
Raffles Education leads most active pack on SGX with 43 million shares traded; price jumps 24%
Counter hits peak of S$0.133 on Monday; volume is 4 times its average daily figure Raffles Education led the pack of actives on the…
Business
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026 The Middle Eastern oil market has…
Business
Tokyo Gas to steer more than half of overseas investments to US in next three years, CEO says
The Japanese utility has a long-term contract to procure 1.1 million tonnes of LNG annually from Russia’s Sakhalin-2 project Tokyo Gas,…
Business
Wall Street sees an AI bubble forming and is gaming what pops it
Looking to 2026, investors debate cutting AI exposure or doubling down to ride a potentially game-changing boom It has been three years…
Business
ServiceNow nears up to US7 billion deal for cybersecurity startup Armis
ServiceNow is in advanced talks to buy the cybersecurity startup Armis in a deal that may be valued at as much as US$7 billion and would…
Business
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say Medical inflation is expected to remain one…
Business
Pakistan to allow Binance to explore ‘tokenisation’ of up to US$2 billion of assets
The move comes as other countries expand formal licensing rules for crypto exchanges amid broader global regulatory tightening Pakistan…
Business
Did the U.S. attack? Maduro flee? No, but in Venezuela, rampant rumors fly
CARACAS, Venezuela — Even in Venezuela, a nation battered by years of economic, social and political turmoil, the Christmas season is a…
Business
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently access…
Business
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company SpaceX has authorised an insider share sale…
Business
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down…
Business
China is ‘rejecting’ Nvidia’s H200 chips, outfoxing US strategy, David Sacks says
The Asian nation is weighing a package of incentives worth as much as US$70 billion to support its local chipmaking industry China has…
Business
In Depth: China bad-debt managers’ bet on bank stocks could backfire
A NEW player has emerged in the boardrooms of China’s major banks: the “Big Four” state-owned asset management companies (AMCs) created to…
Business
Nancy Shaver Is the Real Deal
The choreographer Marla Phelan is interested in the birth of stars—not Barbra Streisand or Lady Gaga but the cosmic kind. Working with the…
Business
Candace Owens, Tucker Carlson, Nick Fuentes: What Could Go Wrong?
Oh, but the Hunting Husbands would like a word.Neo-Nazi Nick Fuentes is beefing with Owens, whom he has called, with unexpected gender…
Business
OUE Reit secures S$100 million unsecured loan facility
Proceeds will be used for capital expenditure, working capital and general funding purposes OUE Real Estate Investment Trust (OUE Reit)…
Business
High service costs keep German inflation at 2.3% in November
A board shows the fuel prices at a petrol station in Duesseldorf in the morning. The Federal Statistical Office announces the inflation…
Business
Gold clings to 7-week high as investors gauge Fed trajectory; silver near record peak
GOLD prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the US Federal…
Business
Narrative Sovereignty: Africa Reclaims Its Global Voice {Business Africa}
A growing movement is reshaping the way Africa is perceived internationally. “Narrative sovereignty”—the right of countries to define and…