Leadership
Nippon Steel pledges to move US HQ to US Steel’s Pittsburgh
NIPPON Steel would move its United States headquarters to Pittsburgh where its acquisition target US Steel is based if the deal goes through, an executive said, adding to the...
Mastercard expands remittances reach in new pact with Alipay
MASTERCARD is broadening its reach in cross-border remittances through its partnership with Alipay, the mobile payments super-app backed by Ant Group. The agreement, which expands Mastercard’s existing relationship with...
US standards body says ByteDance researcher wrongly added to AI safety groupchat
A RESEARCHER from TikTok’s Chinese owner ByteDance was wrongly added to a groupchat for American artificial intelligence (AI) safety experts last week, the US National Institute of Standards and...
UBS powers past US$100 billion one year after Credit Suisse shock
ON THE first anniversary of UBS Group’s historic takeover of its former rival Credit Suisse, it is becoming clear just how advantageous the deal has been for the bank....
Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
ARTIFICIAL-INTELLIGENCE semiconductor powerhouse Nvidia on Monday unveiled a flagship AI chip, the Blackwell B200, saying it is up to 30 times speedier than its previous chip. Chief executive Jensen Huang, kicking...
US: Tech shares lifted by artificial intelligence boom
TECH shares led the market higher on Monday on another round of artificial intelligence enthusiasm as investors looked ahead to a Federal Reserve meeting. “There’s some renewed excitement after...
Sabana should lead smaller Reits with underperforming unit prices to look for an exit
Added to that, the Reit’s manager faces challenges in attracting and retaining talent given uncertainties arising from the internalisation push. Recently, some unitholders of Sabana Reit, who were dissatisfied...
US: Megacaps’ rally lifts tech-heavy Nasdaq at open
WALL Street’s main indices opened higher on Monday (Mar 18), with a rally in megacap growth stocks and chipmakers supporting a sharp recovery in the tech-laden Nasdaq ahead of...
