Posts by Yurie Miyazawa
Peloton cuts 11% of jobs, with engineering teams getting hit
The fitness technology company joins a slew of other tech companies that have recently slashed their workforces Published Sat, Jan 31, 2026 · 11:32 AM [LONDON] Peloton Interactive, the long-struggling fitness technology company, slashed 11 per cent of its workforce in a cost-cutting move, according to a source with knowledge of the matter. Peter Stern,…
Read MoreNvidia’s plan to invest up to US$100 billion in OpenAI has stalled: report
Big Tech companies and investors such as SoftBank Group are racing to forge partnerships with the ChatGPT maker Published Sat, Jan 31, 2026 · 10:54 AM [MEXICO CITY] Nvidia’s plan to invest up to US$100 billion in OpenAI to help it train and run its latest artificial-intelligence (AI) models has stalled after some inside the…
Read MoreColiwoo to acquire S$101 million Changi asset from ESR-Reit
The property’s location in Changi Business Park provides access to an established corporate tenant base [SINGAPORE] Co-living operator Coliwoo has inked a deal to acquire a hotel property from ESR-Real Estate Investment Trust (Reit) for about S$101 million. The deal, announced on Friday (Jan 30) through a bourse filing, involves the hotel strata lot located…
Read MoreAstraZeneca strikes deal for up to US$18.5 billion to license weight-loss drugs from China’s CSPC
The deal builds on existing collaboration between the companies in areas such as artificial intelligence Published Fri, Jan 30, 2026 · 08:50 PM [SHANGHAI] AstraZeneca will license experimental drugs for obesity and weight-related conditions from CSPC Pharmaceutical Group and collaborate on other projects, paying US$1.2 billion upfront and up to US$17.3 billion more if milestones…
Read MoreSTI tracks overnight Wall Street declines as it slides 0.5%
Across the broader market, decliners beat gainers 365 to 228, with 1.6 billion securities worth about S$2.1 billion changing hands [SINGAPORE] Singapore’s Straits Times Index (STI) dropped on Friday (Jan 30) after major US indices S&P 500 and Nasdaq Composite Index slid overnight. The STI slid 0.5 per cent or 24.9 points to 4,905.13, with…
Read MoreFrom fashion to aviation: Doris Tan leads Shell’s green jet fuel take-off
Tan believes that green jet fuel is the best bet to decarbonise flying, as Asia gears up for a travel boom The strategies and stories that shape today’s leaders. [SINGAPORE] A 28-year veteran of oil major Shell, Doris Tan faces one of her greatest challenges yet: getting airplanes to fly on green fuel. “To me,…
Read MoreOil prices surge 3% to five-month high on worries US could attack Iran
Published Fri, Jan 30, 2026 · 06:02 AM [NEW YORK] Oil prices climbed 3 per cent to a five-month high on Thursday on rising concerns that global supplies could be disrupted if the US attacks Iran, one of Opec’s biggest crude producers. Brent futures rose US$2.31, or 3.4 per cent, to settle at US$70.71 a barrel, while…
Read MoreWall Street opens mixed as markets digest Big-Tech AI splurge
Published Thu, Jan 29, 2026 · 10:41 PM [NEW YORK] Wall Street opened mixed on Thursday (Jan 29), as investors waded through mega-cap tech results that showcased another surge in AI spending, while the Federal Reserve held rates steady as widely expected. At 09:30 am ET, the Dow Jones Industrial Average rose 62.50 points, or…
Read MoreSTI rises 0.4% after Fed pause
Across the broader market, gainers edge out decliners 289 to 288 after 1.6 billion securities worth S$2 billion change hands [SINGAPORE] The Straits Times Index (STI) closed higher on Thursday (Jan 29) after the US Federal Reserve overnight held interest rates unchanged during its first policy gathering of 2026. The blue-chip barometer closed 0.4 per…
Read MoreNvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
Published Thu, Jan 29, 2026 · 11:40 AM NVIDIA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI’s AI models, is in talks to invest up to US$30 billion, The Information said, citing a person with knowledge…
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