Business
Job cuts jump 66% year to date; DOGE, uncertainty and AI are major factors
Job cuts so far this year have already surpassed the total for 2024, as government cost-cutting, economic uncertainty and AI have prompted…
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Business
Business
Contributor: Why is California losing good jobs to other states? It's not rocket science
For a century, it worked, and brilliantly. The “California model” rested on massive investments in higher education, development of…
Business
Nasdaq proposes tighter listing rules for thinly traded stocks, China-based firms
Exchange operator Nasdaq proposed on Wednesday (Sep 3) stricter listing standards, including a higher minimum public float for certain new…
Business
PropertyGuru appoints Lu Yao as new Singapore managing director
PropertyGuru Group on Thursday (Sep 4) announced the appointment of Dr Lu Yao as its new managing director for Singapore. He replaces…
Business
Australian Retirement Funds Have ‘Missed the Rally’ in Crypto This Year
Australian self-managed retirement funds held A$3.02 billion (US$1.9 billion) in cryptocurrencies at the end of June, but fresh data…
Business
Political instability in France: How does it impact the economy and investments?
Political instability is fuelling recession fears in Europe’s second biggest economy, where fragile growth has recently shown surprising…
Business
Chinese solar maker calls turning point for embattled industry
To help fix the industry, major firms intend to establish a fund of at least 50 billion yuan this quarter to purchase and shut down over…
Business
McDonald’s exits restaurant group as wage rift divides industry
The association has said that tipped workers often make much more than minimum wage McDonald’s pulled out of the trade group that lobbies…
Business
Alphabet's stock climbs after judge rules Google won't be forced to sell Chrome
When a federal judge deemed Google a “monopolist” last year, questions lingered about how he would help restore competition in online…
Business
FedEx Breaks Away from Partners--Goes All-In on Saudi Arabia's Logistics Power Play
This article first appeared on GuruFocus. FedEx (NYSE:FDX) just made a bold pivot in the Gulf. The global freight giant has opened a…
Business
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely…
Business
Unilever CEO plans shakeup of top 200 managers in overhaul
Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance…
Business
MetaOptics looks to SGX Catalist debut for path to profitability
When Mark Thng first launched MetaOptics Technologies’ operations in June 2021, it was out of a tiny office in Roxy Square. The rent was…
Business
Tesla’s sales collapse continues in Europe’s biggest EV markets
Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share…
Business
Big Food goes small: Kraft Heinz bets on simplicity to boost shares
Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split…
Business
GE Aerospace’s Singapore and Malaysia projects to enjoy ‘significant portion’ of new US$75 million investment
Aviation giant GE Aerospace on Wednesday (Sep 3) announced plans to invest US$75 million across its Asia-Pacific (Apac) maintenance,…
Business
Boustead surges 12.8% on the back of Reit listing application
The counter shoots up to S$1.68 as at 10.07 am, gaining S$0.19 from its previous close Shares of engineering and technology group Boustead…
Business
Europe: Stoxx 600 ends near one-month low as bond yields rise on fiscal woes
EUROPEAN shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew…
Business
Google won't be forced to sell its Chrome browser, judge rules
A federal judge ruled Tuesday against the U.S. government’s proposal that Google should sell its Chrome web browser to restore competition…
Business
Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI
Artificial intelligence already is replacing certain jobs at technology companies. Last week, Salesforce Chief Executive Marc Benioff said…
Business
Popular European Budget Airline Slashes Seating, Hikes up Fees
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
Phillies Predicted to Keep $101 Million Superstar Slugger in Free Agency
By Jackson Roberts is a Newsweek contributor based in Hoboken, NJ. His focus is MLB content. Jackson has been with Newsweek since July of…
Business
Centurion unit acquires Johor dorm operator for RM110.8 million, ups bed capacity by 25%
A unit of dormitory operator Centurion Corporation has acquired another dormitory operator in Johor for RM110.8 million (SG$33.2 million),…
Business
Whisky maker Suntory’s CEO resigns after possible purchase of illegal supplements
Suntory Holdings CEO Takeshi Niinami, one of Japan’s best-known business leaders, has resigned from the beverage group following a police…