Seatrium bags new BP contract; lifts order book to more than S$2 billion

Seatrium bags new BP contract; lifts order book to more than S billion

[SINGAPORE] Marine engineering company Seatrium on Wednesday (Nov 26) announced that it has been awarded a contract from BP Exploration and Production for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit (FPU) in the Gulf of Mexico – renamed the Gulf of America by US President Donald Trump. This latest contract win brings the…

Read More

Brookfield, GIC bid for National Storage in A$4 billion deal

Brookfield, GIC bid for National Storage in A billion deal

The Sydney-listed company operates more than 270 storage centres across Australia and New Zealand Published Wed, Nov 26, 2025 · 08:58 AM — Updated Wed, Nov 26, 2025 · 01:16 PM [LONDON] Brookfield Asset Management and Singapore’s GIC offered to buy Sydney-listed National Storage Reit in a deal valuing the self-storage provider at A$4 billion…

Read More

TikTok Shop pushes into luxury retail with US$11,000 handbags

TikTok Shop pushes into luxury retail with US,000 handbags

[LOS ANGELES] TikTok is moving into luxury retail, part of an effort to expand its TikTok Shop marketplace into a high-end shopping destination for purses and watches that can fetch thousands of US dollars. Once considered a virtual dollar store, TikTok Shop now showcases US$11,000 handbags from Hermes and Chanel, or rare, limited-drop sneakers from…

Read More

Beer made from bath and laundry water hits shelves

Beer made from bath and laundry water hits shelves

A San Francisco startup putting a new spin on the shower beet … serving up cold one from recycled shower and laundry water. Epic Cleantec, a cleantech firm specializing in on-site wastewater purification, has launched two brews crafted from recycled graywater, the San Francisco Business Times reported. A “Shower Hour IPA” beer can with a…

Read More

Warner Bros to ask bidders to submit sweetened offers

Warner Bros to ask bidders to submit sweetened offers

[NEW YORK] Warner Bros Discovery, the parent of HBO and CNN, has asked potential buyers to submit new, sweetened offers after receiving an initial round of bids, sources familiar with the matter said. The company, which put itself up for sale last month, has asked the bidders to provide improved offers by Dec 1, said…

Read More

Warner Music Group settles lawsuit with AI firm Suno

Warner Music Group settles lawsuit with AI firm Suno

Warner Music Group on Tuesday announced a partnership with AI business Suno that will compensate music artists and songwriters, ending a legal battle between the two companies. Suno allows users to write text prompts to create songs. Last year, music companies including WMG sued Suno accusing it of using copyrighted songs to train AI models.…

Read More

Dell forecasts upbeat growth targets on strength in AI server sales

Dell forecasts upbeat growth targets on strength in AI server sales

DELL forecast fourth-quarter revenue and profit above Wall Street estimates on Tuesday, as increasing investments in data centres to support artificial intelligence applications boost demand for its servers. The company also announced the permanent appointment of David Kennedy as its finance chief. Dell, which raised its annual revenue and profit expectations, offers AI-optimised severs equipped…

Read More

HP to cut about 6,000 jobs by 2028, ramps up AI efforts

HP to cut about 6,000 jobs by 2028, ramps up AI efforts

HP SAID on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, improve customer satisfaction and boost productivity. Shares of the Palo Alto, California-based company fell 5.5 per cent in extended trading. HP‘s teams…

Read More

Crypto crash weighs on US IPOs as candidates push out timing

Crypto crash weighs on US IPOs as candidates push out timing

The 14-day average trading volume in Bitcoin this month hit its highest level since March [NEW YORK] Returns from new US listings have waned considerably this quarter and the crypto crash has made recent initial public offerings (IPOs) in the sector among the biggest casualties, creating a higher bar for companies such as Grayscale Investments…

Read More

‘Red flags’ ahead of ‘Slender Man’ stabber release included twisted torture books and graphic sketches

‘Red flags’ ahead of ‘Slender Man’ stabber release included twisted torture books and graphic sketches

“Slender Man” stabber Morgan Geyser, who escaped a group home Saturday, was released from a psychiatric hospital earlier this year — despite multiple “red flags” raised by prosecutors, including her affinity for torture books and sending graphic sketches to a murder memorabilia collector Geyser was obsessed with the novel “Rent Boy,” which depicts murder and…

Read More