Lifestyle

Apple set for big sales decline as investors await AI in iPhones
Apple set for big sales decline as investors await AI in iPhones
APPLE’S plan to add generative artificial intelligence (AI) to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday (May 2), when...
Microsoft, Brookfield to partner on renewable energy projects
Microsoft, Brookfield to partner on renewable energy projects
CANADA’S Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts (GW) of new renewable energy capacity,...
Actively managed funds ‘bleed’ client cash in ESG upheaval
Actively managed funds ‘bleed’ client cash in ESG upheaval
A LONG-HELD truism of ESG (environmental, social and governance) is being challenged, namely the idea that the strategy is best-suited to active fund management.For 11 of the past 12...
China’s electric cars keep improving, a worry for rivals elsewhere
China’s electric cars keep improving, a worry for rivals elsewhere
CARMAKERS in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step...
GSK profit drops in first quarter on higher costs
GSK profit drops in first quarter on higher costs
BRITISH drugmaker GlaxoSmithKline (GSK) on Wednesday (May 1) said its net profit fell 23 per cent in the first quarter as the company faced higher exceptional costs compared with...
GSK profit drops 23% in Q1 on higher costs
GSK profit drops 23% in Q1 on higher costs
BRITISH drugmaker GlaxoSmithKline (GSK) on Wednesday (May 1) said that its net profit fell 23 per cent in the first quarter as the company faced higher exceptional costs compared...
Amazon’s Twitch starts rival to TikTok in short-form video
Amazon’s Twitch starts rival to TikTok in short-form video
Amazon.com’s livestreaming site Twitch launched its own short-form video platform, a week after passage of a law that threatens the future of the social-media service TikTok in the US.Creators...
Binance founder Zhao Changpeng gets 4 months in prison
Binance founder Zhao Changpeng gets 4 months in prison
Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.Zhao,...
Starbucks points to weaker consumer as profit falls
Starbucks points to weaker consumer as profit falls
Starbucks reported lower profits on falling sales on Tuesday (Apr 30) as the coffee giant pointed to weakening consumer sentiment and lacklustre conditions in China as factors behind an...
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
European shares closed lower on Tuesday (Apr 30) weighed by a bleak raft of earnings reports from the region’s top car makers, while investors also assessed a possible merger...