Posts by Stephanie Irvin
Medical Fair Asia 2024 healthcare expo unveils new tech for patient care
When Aalok Rai was in university in 2022, his 60-year-old father fell and suffered a hip fracture. What followed was a lengthy recovery and rehabilitation journey – something Aalok believes could have been prevented if there had been a more proactive and personalised approach to caring for muscles and joints. This spurred the Imperial College…
Read MoreNokia mobile networks assets said to draw Samsung interest
Nokia’S mobile networks assets are drawing preliminary interest from suitors including Samsung Electronics amid increasing pressure to find new growth in the troubled telecom equipment sector, people with knowledge of the matter said. The Finnish company has been having discussions with advisers about potential options for its mobile networks business, which has struggled for years…
Read MoreNvidia’s forecast dampens AI enthusiasm in other tech stocks
NVIDIA dragged technology heavyweights lower and sent stocks in Asia down on Thursday (Aug 29). This came after the chip maker’s earnings disappointed investors who had been hoping they would fuel fresh gains in Wall Street’s most valuable companies. Nasdaq futures initially dropped about 1 per cent following Nvidia’s quarterly earnings report on Wednesday, suggesting…
Read MoreMalaysia Aviation Group to cut flight capacity by 20% this year
MALAYSIA Aviation Group (MAG), the parent of national carrier Malaysia Airlines, said on Thursday (Aug 29) it would reduce network capacity by 20 per cent across its airlines this year amid a shortage of planes, labour and parts. The group, which also operates carrier Firefly and Muslim pilgrimage service provider Amal, said in a statement…
Read MoreMalaysia Aviation Group to cut flight capacity by 20% this year
MALAYSIA Aviation Group (MAG), the parent of national carrier Malaysia Airlines, said on Thursday (Aug 29) it would reduce network capacity by 20 per cent across its airlines this year amid a shortage of planes, labour and parts. The group, which also operates carrier Firefly and Muslim pilgrimage service provider Amal, said in a statement…
Read MoreWaitress-turned-CEO at Haidilao operator Super Hi to soup up hotpot chain’s presence in S-E Asia
HAIDILAO restaurant operator Super Hi International’s newly appointed chief executive officer, Yang Lijuan, is setting her sights on improving guest satisfaction, strengthening guest connections and boosting operational efficiency at the hotpot chain. “During the second quarter of 2024, we focused on enhancing our local restaurant management across key areas including environment, services, products and food…
Read MoreBuffett’s Berkshire Hathaway hits US$1 trillion market value
WARREN Buffett’s Berkshire Hathaway holding company briefly crossed US$1 trillion in market value Wednesday, making it the first non-tech firm on Wall Street to pass the milestone. Buffett, who turns 94 on Friday, has been chair of Berkshire Hathaway since 1970, transforming it from a small textile company into one of the world’s most valuable…
Read MoreTelegram boss Durov charged, banned from leaving France
FRANCE on Wednesday charged Pavel Durov, the founder and chief of Telegram, with a litany of violations related to the messaging app and banned him from leaving the country while allowing the billionaire to walk free after four days under arrest. Durov, 39, was charged on several counts of failing to curb extremist and illegal…
Read MoreAI chip giant Nvidia beats expectations, but shares take hit
ARTIFICIAL intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher than expected US$30 billion in the last quarter, though that growth was slower than the furious pace seen in previous quarters. Declared by Wall Street to be the world’s most important stock, the California-based AI chip-maker led by CEO Jensen Huang saw its…
Read MoreUS: Stocks fall as Nvidia slips before results
US STOCKS closed lower on Wednesday, as traders looked ahead to earnings results from US chipmaking giant Nvidia after the closing bell. The Dow Jones Industrial Average finished the day down 0.4 per cent at 41,091.42, and the S&P 500 fell 0.6 per cent to 5,592.18. The tech-rich Nasdaq Composite closed down more than 1.1 per…
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