Leadership
Meta shuttering augmented reality studio amid pivot to AI
META Platforms will close an augmented reality (AR) studio to prioritise investments in other areas, including a burgeoning artificial intelligence (AI) business.The studio, called Meta Spark, allows developers to...
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
THE electric vehicle unit of embattled real estate developer China Evergrande said on Tuesday (Aug 27) it expected to report a bigger loss for the first half of 2024,...
US: Wall Street opens lower on caution ahead of Nvidia results, economic data
Wall Street’s main indexes opened lower on Tuesday (Aug 27) as caution prevailed ahead of highly anticipated results from Nvidia and crucial economic data expected later in the week.The...
ECB can gradually cut rates but jury still out on September, Knot says
THE European Central Bank can gradually lower interest rates if inflation continues to fall but more data is needed before a September cut can be decided, Dutch policymaker Klaas...
Sony hikes PlayStation 5 price in Japan citing cost volatility
The surprise move comes even as PS5 sales have slowed and Sony is widely expected to refresh its offering with a more powerful, mid-cycle revamp of the consoleSony Group...
Hilleman-Bharat partnership brings new oral cholera vaccine to market
Hillchol utilises a single, genetically engineered inactivated strain delivered that significantly reduces production costsHILLEMAN Laboratories and Indian drugmaker Bharat Biotech have announced the launch of oral cholera vaccine Hillchol,...
Hilleman-Bharat Biotech partnership brings new oral cholera vaccine to market
Hillchol utilises a single, genetically engineered inactivated strain that significantly reduces production costsHILLEMAN Laboratories and Indian drugmaker Bharat Biotech have announced the launch of oral cholera vaccine Hillchol, which...
MAS review group identifies priority areas for workstreams
THE Monetary Authority of Singapore’s (MAS) new review group has identified priority areas for two workstreams amid its ongoing review of local equity markets. Called the Equities Market Review Group,...
