Fashion
Bitcoin hoarding company Strategy remains in Nasdaq 100
[BENGALURU] Bitcoin hoarding giant Strategy clung to its place in the Nasdaq 100 on Friday (Dec 12), continuing its year-long stint in the benchmark at a time where analysts...
Intel nears US$1.6 billion deal for AI chip startup SambaNova
[NEW YORK] Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including debt, according to sources familiar with the matter.A...
Google faces 110 million euros French asset freeze after Russian ruling, documents show
[PARIS/MOSCOW] The administrator of Google’s defunct Russian business has obtained a temporary freeze on some 110 million euros (S$167 million) of the Alphabet-owned company’s assets in France, official orders...
Oil posts weekly loss on oversupply concerns
IEA forecasts published on Thursday indicated that global oil supply will exceed demand by 3.8 million barrels per day next year[HOUSTON] Oil prices closed lower on Friday (Dec 12),...
Wall Street ends lower; fears of AI bubble and inflation send investors away
Other companies that have benefited from AI bets but went into reverse on Friday included SanDisk[BENGALURU] The S&P 500 and the Nasdaq closed down more than 1 per cent...
Sherrone Moore: Fired Michigan Coach Threatened Mistress Paige Shiver that He Would Make Her ‘Watch Him Kill Himself’ after Invading Her Home
Disgraced former University of Michigan football coach Sherrone Moore threatened his mistress that she would "watch him kill himself" and warned her that "my blood is on your hands"...
Hutchison Port Holdings’ Shenzhen port land appropriated by municipal government for 15.6 million yuan
[SINGAPORE] The trustee-manager of Hutchison Port Holdings Trust (HPH) on Friday (Dec 12) said that land currently held by one of its subsidiaries will be acquired by the Chinese...
Singapore stocks gain more ground on Friday; STI up 1.5%
[SINGAPORE] Singapore stocks ended higher on Friday (Dec 12), following regional indices.The benchmark Straits Times Index (STI) gained 1.5 per cent or 65.62 points to finish at 4,586.45. Meanwhile,...
Australia unveils rescue bid for Rio Tinto’s Tomago aluminium smelter
“If Australia doesn’t produce aluminium, then the knock-on effect in other industries is significant,” warns Prime Minister Anthony Albanese[SYDNEY] Prime Minister Anthony Albanese announced on Friday (Dec 12) a...
ST Engineering’s US unit among defendants in UPS plane crash lawsuit
Lawsuit alleges negligence in maintenance checks by subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of several companies named...
