Leadership
Silicon Valley Bank’s former owner gains approval to end bankruptcy
SVB Financial Group, the former owner of failed Silicon Valley Bank (SVB), received a US judge’s permission on Friday (Aug 2) to turn over its assets to creditors and...
More than 50 US lawmakers, 21 states back DOJ in TikTok lawsuit
A GROUP of 21 states and more than 50 United States lawmakers on Friday (Aug 2) backed the Justice Department (DOJ) in its defence of a law that requires...
Freeport LNG nears end of expansion that will increase output
United States liquefied natural gas (LNG) developer Freeport LNG expects to increase production beyond its 15.3 million metric tonne per annum (MTPA) capacity as it wraps up an expansion...
Data provider Dun & Bradstreet explores sale: sources
DUN & Bradstreet, a US data and analytics provider that has a market value of more than US$9 billion including debt, is exploring options including a potential sale, sources...
Google pulls AI ad that irked some Olympics viewers
Google confirmed on Friday (Aug 2) that it had pulled an ad for its Gemini artificial intelligence (AI) after it landed flat with some Olympics viewers.The “Dear Sydney” ad,...
US: Dow ends 2.1% lower for the week after poor jobs data
WALL Street stocks tumbled on Friday (Aug 2) following a disappointing US jobs report that raised recession worries while also boosting the odds of interest rate cuts by the...
Isetan Singapore narrows H1 loss to S$126,000 but faces lower sales
The latest set of results comes after a major shareholder proposed to take Isetan privateJAPANESE retailer Isetan Singapore recorded a net loss of S$126,000 for the six months ended...
NetLink NBN Trust records 9.1% lower profit after tax in Q1 at S$25.7 million
FIBRE-OPTIC owner NetLink NBN Trust posted a decline in its profit after tax by 9.1 per cent to S$25.7 million for the first quarter ended Jun 30, down from...
