Leadership
Meta’s Facebook, Instagram down for hundreds of thousands of users across globe
META Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday (Mar 5), according to outage tracking website Downdetector.com. The disruptions started...
Adnoc says AI added US$500 million of extra value in 2023
ABU Dhabi National Oil Company’s (Adnoc) use of artificial intelligence generated US$500 million of additional value last year, it said on Tuesday (Mar 5). The state oil giant said...
Tesla Germany halts work as Musk calls suspected arson ‘extremely dumb’
TESLA’S European Gigafactory near Berlin halted production and was left without power after what CEO Elon Musk called an “extremely dumb” suspected arson attack that set an electricity pylon...
Greenback steadies versus euro ahead of ECB and US data, Bitcoin in spotlight
THE US dollar held steady against the euro on Tuesday (Mar 5) as investors looked towards the European Central Bank’s rate decision and US jobs data later in the...
Nio narrows Q4 loss as vehicle sales margin improves
CHINA-BASED electric vehicle (EV) maker Nio narrowed its fourth-quarter loss for FY2023 by 4.3 per cent year on year to 5.6 billion yuan (S$1.1 billion) on higher vehicle sales...
Nio full-year losses widen as pressure mounts in China EV market
NIO reported revenue for the fourth quarter broadly in line with analyst expectations while losses widened for the full year – a sign the Chinese electric vehicle maker is...
Singapore stocks track Wall Street losses on Tuesday; STI down 0.5%
SINGAPORE shares ended lower on Tuesday (Mar 5), tracking losses on Wall Street. The benchmark Straits Times Index (STI) was down 0.5 per cent or 15.11 points to 3,107.1....
Lloyd’s of London insurer Hiscox posts record annual profit, launches new buyback
LLOYD’S of London insurer Hiscox on Tuesday (Mar 5) posted a record annual profit and launched a share buyback as higher interest rates and strength in its commercial business...
