A federal judge in Brazil has issued a landmark ruling, mandating mining behemoths BHP, Vale, and their Samarco joint venture to shell out 47.6 billion
Comcast exceeded Wall Street expectations for quarterly revenue, propelled by robust growth in its streaming and theme parks divisions, which offset a decline in broadband
In a groundbreaking move, the Singapore Sustainable Finance Association (SSFA) was inaugurated on January 24, marking the first cross-sectoral industry body committed to advancing Singapore
Barcelona-based startup TravelPerk has successfully raised $104 million in a recent equity round led by SoftBank Vision Fund 2 and participation from existing investors Kinnevik
French gaming company La Francaise des Jeux (FDJ) has initiated a takeover offer to acquire Swedish online gaming peer Kindred Group in a move poised
To streamline operations and adapt to evolving market dynamics, online furniture retailer Wayfair is set to cut approximately 1,650 jobs, or 13% of its global
Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, anticipates a robust growth trajectory in 2024, projecting more than a 20% increase in
In a challenging economic landscape, Japan witnessed a significant upswing in corporate bankruptcies during 2023, surpassing 8,000 for the first time in four years, according
The JPMorgan Healthcare Conference held in San Francisco spotlighted the growing interest and enthusiasm within the biotech and pharmaceutical industry for antibody-drug conjugates (ADCs), a
Given the tech giant’s substantial earnings, Google is facing criticism from the Alphabet Workers Union, which deems the recent job cuts across various teams unnecessary.
Hewlett Packard Enterprise (HPE) is reportedly negotiating to acquire Juniper Networks in a deal that values the network gear manufacturer at approximately $13 billion, according
In a significant boost to India’s southern state of Tamil Nadu, investment agreements totaling more than $4.39 billion were signed with prominent firms, including major
In a year marked by formidable challenges, Ford Motor showcased resilience, reporting a 7.1% increase in U.S. sales, reaching nearly 2 million vehicles in 2023.
In the first trading session of the New Year, oil prices experienced a notable uptick, rising more than 2% amid escalating concerns over potential disruptions
Huawei, the global tech giant, announced a robust outlook for 2023, indicating a substantial recovery from challenges posed by US sanctions and geopolitical tensions. The
As Singapore enters the new year, households are adjusting to the second phase of the Goods and Services Tax (GST) hike, which takes effect on
In a strategic move to secure lower-cost reserves and brace for future industry shifts, the oil and gas sector embarked on a remarkable $250 billion
Apple is reportedly negotiating with major news and publishing organizations to secure permission to use their content to develop generative artificial intelligence (AI) systems, as
Russia has allocated more than $12 billion in state subsidies and loans to support its aviation industry following Western sanctions imposed after Moscow invaded Ukraine.
In a significant development, Google has agreed to a $700 million settlement and pledged to enhance competition within its Play app store, marking the resolution
During a visit to Tokyo for the upcoming summit between Japan and ASEAN members, Thai Prime Minister Srettha Thavisin emphasized the need for Japanese companies
The Singapore National Employers Federation (SNEF) has recommended that Budget 2024 include specific grants to encourage corporate adoption of artificial intelligence (AI) to enhance business
Microsoft and the AFL-CIO, the largest federation of unions in the United States, announced a groundbreaking deal on Monday. In a first-of-its-kind partnership, the two
Oil prices experienced a second consecutive session of gains on Monday, with U.S. initiatives to replenish strategic reserves offering support. Brent crude futures increased by
Saudi Arabia, the world’s leading oil exporter, is adjusting its strategy in response to the booming US oil production, leading to a price cut to
Moody’s, the global rating agency, has revised its outlook on China’s government credit ratings from stable to negative, citing increasing worries about the repercussions of
In response to growing concerns over Australia’s high cost of living, the Greens party has announced plans to lead a parliamentary inquiry into what they
Several UK banks are set to cut jobs in the lead-up to Christmas, drawing criticism from labor unions. Facing financial struggles, Metro Bank announced plans
In a marked retreat from the heady days of 2021 and early 2022, venture capital investment in Europe’s tech industry is poised to plummet by
Carnival UK has withdrawn the controversial “fire-and-rehire” strategy from negotiations involving over 900 crew members’ pay and conditions. The move followed urgent discussions between Carnival
In a landmark deal, computer chipmaker Broadcom has finalized its $69 billion acquisition of cloud computing firm VMware, marking one of the largest takeover transactions
Consumer electronics retailer Best Buy has revised its full-year sales outlook downward, citing a period of subdued demand and preparing for cost-conscious holiday shoppers. While
US Airlines are gearing up for an anticipated record-breaking Thanksgiving travel period, with the Transportation Security Administration (TSA) of the USA expecting to screen 30
According to sources familiar with the matter, Chinese chip design startup Moore Threads recently concluded a capital raise, elevating its valuation to approximately 25 billion
In a surprising turn of events, British fintech giant Wise unveiled impressive half-year results on Tuesday, revealing a nearly fourfold increase in pre-tax profits, driven
In the fiscal second quarter, SoftBank reported a surge in net sales, surpassing LSEG estimates at 1.67 trillion Japanese yen ($11 billion) against an expected
