Posts by Mark Darwin
China ready to buy more goods from India as US tariffs loom
[NEW DELHI] China is willing to buy more Indian products to balance trade, Beijing’s Ambassador Xu Feihong said just ahead of a US tariff announcement expected to hit the south Asian neighbours. “We are willing to work with the Indian side to strengthen practical cooperation in trade and other areas, and to import more Indian…
Read MoreTrump to weigh plans for TikTok sale at meeting on Wednesday
[WASHINGTON] US President Donald Trump will meet on Wednesday (Apr 2) to consider a proposal for divesting TikTok’s US operations from Chinese parent company ByteDance, just days ahead of a deadline for a sale of the popular social media app, according to sources familiar with the matter. The administration is considering a deal that would…
Read MoreTesla sales drop to lowest since 2022 amid Musk backlash
[AUSTIN] Tesla’s vehicle sales fell 13 per cent last quarter to an almost three-year low, as the carmaker made over its most important model and dealt with international backlash against Elon Musk. The company said on Wednesday (Apr 2) that it delivered 336,681 vehicles in the first three months of the year, its worst showing…
Read MoreUS: Stocks close mixed before Trump tariff announcement
[NEW YORK] US stocks finished mixed on Tuesday on a quiet trading day as investors braced for Donald Trump’s tariff announcement, which he has dubbed “liberation day.” The US president has not unveiled the details of his plan, leaving traders guessing ahead of the announcement, which the White House has now penned for Wednesday at 4 pm…
Read MoreAI-Powered Task Prioritization: Making Workflows More Efficient
The ways of the modern world are faster and more complex than ever before. Many information, messages, and tasks are being sent to employees from multiple sources. Research shows that context switching amongst the different tasks can cut productivity by up to 40%. The vital projects are delayed, and companies pay time and money as…
Read MoreIntel will spin off non-core units, says CEO Tan Lip-Bu
[LAS VEGAS] Intel chief executive officer Tan Lip-Bu said the chipmaker will spin off assets that are not central to its mission and create new products including custom semiconductors to try to better align itself with customers. Intel needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing…
Read MoreUltraGreen.ai is said to mull up to S$400 million IPO in Singapore
The company is working with financial advisers to help plan an offering that could take place in Singapore as soon as this year [SINGAPORE] UltraGreen.ai, a provider of fluorescence technology used in medical and surgical imaging, is considering an initial public offering to raise as much as S$400 million, people familiar with the matter said. …
Read MoreHooters files for bankruptcy as brand eyes turnaround plan
It listed assets of US$50 million to US$100 million and liabilities in the same range in its petition [ATLANTA] Hooters of America has filed for bankruptcy as the casual-dining brand known for its chicken wings and skimpy server uniforms struggles to lure customers. The Atlanta-based company filed for Chapter 11 bankruptcy in the Northern District…
Read MoreOUE Healthcare says Mandalay hospital building in which it has a stake damaged by earthquake
[SINGAPORE] OUE Healthcare announced that the Mandalay hospital building of Pun Hlaing Hospitals, in which it owns a 40 per cent stake, sustained damage after the massive earthquake that struck South-east Asia on Mar 28. The damaged hospital in the city of Mandalay in Myanmar has since suspended operations. The company said that there have…
Read MoreTax Deductions You’re Missing Out On
When tax season rolls around, many small business owners miss out on valuable tax deductions that could save them money. Understanding these missed opportunities can make a big difference in your bottom line. This article highlights some of the most commonly overlooked tax deductions small business owners should consider, helping you keep more cash in…
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