Leadership
Airline body Iata calls for airline taxation to remain in carriers’ headquartered country
THE United Nations should not change a convention on how global airlines are taxed, the International Air Transport Association (Iata) said on Monday (Jun 3), cautioning that doing so...
Spotify raises US prices of its premium plans in margin push
SPOTIFY raised prices for its premium plans in the US on Monday (Jun 3), the latest step by the Swedish music-streaming service in its push to increase margins.
On a...
Industry observers launch non-profit to encourage better performance among SGX listcos
A GROUP of industry observers have set up a non-profit organisation to encourage better performance of companies listed on the Singapore Exchange (SGX) through research and engagement.
Called the Corporate...
Tencent, Tencent Music to pick up 10% stake in Thailand’s GMM Music for US$70 million
Thai entertainment platform GMM Music on Monday (Jun 3) said Tencent and Tencent Music Entertainment will acquire a 10 per cent stake in the company for US$70 million, solidifying...
Toyota, other Japan automakers under fire for new lapses as safety scandal deepens
Toyota Motor and Mazda Motor temporarily halted shipments or sales of some vehicles after Japan’s transport ministry found irregularities in applications to certify their models.The ministry said on Monday (June...
Airlines eye ‘new frontier’ of AI ahead of global summit
AIRLINES may not be replacing pilots with artificial intelligence (AI) anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business.“Data and...
AMD announces future AI chips, will speed rollout of new models
ADVANCED Micro Devices (AMD) is speeding up introductions of new artificial intelligence (AI) processors as it seeks to dent Nvidia’s domination of that lucrative market.The MI325X will go on...
Oil prices slip despite Opec+ production cut extension
OIL prices fell early on Monday (Jun 3), despite a move by producer group Opec+ to extend deep output cuts well into 2025.Brent futures for August delivery were down...
