Lifestyle
India asks utilities to order US$33 billion in equipment to boost coal power output
India has asked power companies to order equipment worth US$33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian...
SoftBank trades above record-high close in win for Masayoshi Son
SOFTBANK Group shares traded above the company’s lifetime closing high for the first time in three years, buoyed by a global surge in artificial intelligence (AI) and chip investment.The...
EU takes aim at China’s Temu and Shein with proposed import duty: FT
THE European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu and Shein, the Financial Times reported on Wednesday,...
Amazon counts on ‘grit and innovation’ to meet AI surge
THE artificial intelligence (AI) revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT.To satisfy their generative AI urge,...
About 90% of boxships arriving in Singapore are off-schedule: Transport Minister
The Maritime & Port Authority and port operator PSA are in discussions with all the major container lines to use MPA’s just-in-time system ABOUT 90 per cent of the...
Skydance Media reaches preliminary Paramount merger agreement
INDEPENDENT film and TV producer Skydance Media has reached a preliminary agreement to buy Shari Redstone’s National Amusements and merge with Paramount Global, the parent of CBS and MTV,...
Canada to consider blocking factories in pushback on Chinese EVs
PRIME Minister Justin Trudeau’s government has published options it will consider for deterring Chinese-made electric vehicles (EVs) from accessing the Canadian market, including putting tariffs on imported and blocking...
Corporate lenders are locking down protection against tough times from high rates
LENDERS to risky, debt-laden companies are increasingly demanding protection from financing manoeuvres used to undercut creditors when times get tough.A recent crop of leveraged loans demonstrates investors’ heightened concern...
