News
Disney invests US$1 billion in OpenAI, strikes licensing deal
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff[NEW YORK] Walt Disney agreed to invest US$1 billion in OpenAI and...
Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform
OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey Mouse, characters from “Frozen” and Yoda...
Opec says Opec+ raised output in November, leaves demand view steady
[LONDON] Opec said on Thursday (Dec 11) that the wider Opec+ oil producer group nudged up output in November as eight Opec+ members pressed ahead with another production increase,...
Filipino typhoon survivors sue Shell over climate change
Typhoon Rai struck in December 2021, killing over 400 people and leaving hundreds of thousands homeless[LONDON] The survivors of a deadly 2021 typhoon in the Philippines have filed a...
Instacart is charging different prices to different customers in a dangerous AI experiment, report says
The grocery delivery service Instacart is using artificial intelligence to experiment with prices and charge some shoppers more than others for the same items, a new study found. The...
Can Manulife US Reit recover? Unitholders seek answers ahead of EGM
The real estate investment trust’s manager answers pointed questions from unitholders[SINGAPORE] Long-suffering unitholders have grilled Manulife US Reit’s manager on its recovery plan – including the interest the sponsor...
Singapore stocks inch up after Fed rate cut; STI rises 0.2%
Across the broader market, gainers edge out losers 256 to 244 after 1.1 billion securities worth S$1.3 billion change hands[SINGAPORE] Singapore stocks ended higher on Thursday (Dec 11) after...
Singtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours[SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine...
Brookfield plans Singapore hires to tap Asia energy demand boom
The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals[SINGAPORE] Brookfield Asset Management plans to expand a team focused on deals...
India’s equity mutual fund inflows rebound in November on strong earnings, low inflation
[MUMBAI] Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable economic growth and benign inflation powered blue-chips to...
