Lifestyle
Nvidia’s earnings will test the S&P 500’s US$4 trillion recovery
The almost US$3 trillion rally in Nvidia shares over the roughly two years since ChatGPT’s unveiling has virtually rewired the US stock market, giving the artificial intelligence chipmaking giant...
Warren Buffett reaps almost US$1 billion from sale of more BofA shares
WARREN Buffett sold an additional US$982 million of Bank of America (BofA) stock as his conglomerate continues to shrink its investment in the second-largest US bank.
His Berkshire Hathaway has...
Malaysia’s Starbucks operator hurt by anti-Israel boycott
BERJAYA Food, which operates the Starbucks coffee chain in Malaysia, posted a loss in the fourth quarter as consumer sentiment on the Middle East conflict hurt sales.
The company, part...
Cybercrime and sabotage cost German firms 267 billion euros in past year
CYBERCRIME and other acts of sabotage have cost German companies around 267 billion euros (S$388 billion) in the past year, up 29 per cent on the year before, according...
Hyundai to double hybrid lineup; unveils US$3 billion buyback
Hyundai Motor plans to double its lineup of hybrid cars as demand for pure electric vehicles slows, and announced a US$3 billion share buyback as part of a plan...
Apple eyes bigger slice of India’s streaming market with Airtel deal
APPLE is tying up with India’s Airtel to offer the telecom firm’s premium customers its music and video streaming services for free, potentially giving the US firm access to...
KTL Global’s former CEO to serve eight months’ jail for false trading
THE former chief executive of mainboard-listed KTL Global, Tan Kheng Yeow, began serving his eight-month jail sentence after the High Court dismissed his appeal in July, said the Monetary...
Apple cuts jobs in digital services groups as priorities shift
APPLE took the rare step of cutting about 100 jobs in its services group, part of a shift in priorities for the critical division, according to sources with knowledge...
