Lifestyle
Gold hits successive record highs ahead of expected Fed rate cut
Gold rose to a record high, building on a surge of nearly 2 per cent on Thursday, as the dollar extended declines ahead of a widely expected Federal Reserve...
Gold prices hover near record peak with weekly gains in sight
GOLD prices hovered near an all-time high on Friday (Sep 13), and poised for a weekly gain due to a weaker US dollar, while investors focused on US economic...
Second Chance loses free float; offeror to exercise right of compulsory acquisition
THE offerors of Second Chance Properties – chief executive Mohamed Salleh and his family – will be making a compulsory acquisition of all the shares of the company. As at...
Adobe forecasts downbeat quarterly earnings on cautious tech spending
PHOTOSHOP maker Adobe forecast fourth-quarter earnings below analysts’ estimates on Thursday (Sep 12), signalling stiff competition and soft demand for its AI-integrated editing tools amid challenging economic conditions.Shares of...
Amazon pours US$2.1 billion into contract delivery, lifting wages
AMAZON.COM plans to spend an additional US$2.1 billion on its contract delivery programme, including safety programmes, training and additional pay for the contracting firms.The company said it expects the...
Oracle sees US$104 billion sales in fiscal 2029 on cloud expansion
ORACLE said annual revenue will rise to at least US$104 billion in fiscal 2029, an optimistic signal on the growth prospects of the software maker’s cloud infrastructure business.Executive vice-president...
The true cost of downtime: Businesses risk losing over $200 million annually in revenue, and customer trust
DID you know that a single downtime event can sink your stock price by up to 9 per cent, taking nearly three months to recover? Or that your top...
Local F&B brands buckle down as new entrants take a bite out of bottom line
The rising competition also seen to bring new opportunities for incumbents and new playersLOCAL food and beverage (F&B) operators are facing increasing pressure from a flood of new entrants...
