Lifestyle

HP sued by Wex for trademark infringement over ‘Wex’ software
HP sued by Wex for trademark infringement over ‘Wex’ software
April 11, 2024
SOFTWARE company Wex sued HP for trademark infringement in Maine federal court on Thursday (Apr 11), accusing it of misusing the “Wex” name to brand competing HP software. Wex, which...
BASF starts layoff process at Finland site after permit problems
BASF starts layoff process at Finland site after permit problems
April 11, 2024
GERMANY’S BASF said on Thursday (Apr 11) that it has begun the layoff process at its Harjavalta site in Finland after facing permitting issues from the relevant authorities. The so-called...
Ferrari owner Exor’s boss is telling investors that his company still loves cars
Ferrari owner Exor’s boss is telling investors that his company still loves cars
April 11, 2024
EXOR, the holding of Italy’s billionaire Agnelli family, told investors Thursday (Apr 11) that even after years of active diversification, cars remain its first love. Super-car maker Ferrari and...
HSBC changes insurance head after Hingston’s surprise exit
HSBC changes insurance head after Hingston’s surprise exit
April 11, 2024
THE head of HSBC Holdings’ insurance business is unexpectedly leaving the Asia-focused lender after two years in the post, and will be replaced by veteran insider Ed Moncreiffe. Greg Hingston...
AstraZeneca unveils dividend hike ahead of CEO pay vote at AGM
AstraZeneca unveils dividend hike ahead of CEO pay vote at AGM
April 11, 2024
ASTRAZENECA said on Thursday (Apr 11) it intends to increase annual dividend for 2024 by 7 per cent to US$3.10 per share, betting on strong performance and cash generation...
Nike pins hopes on Olympics in race to take back market share
Nike pins hopes on Olympics in race to take back market share
April 11, 2024
NIKE is set to unveil new kits for the Olympic national teams it sponsors including the United States and Kenya, seeking to bolster its credentials as a performance gear...
Thai PM says rate cut would have been right for economy, public ‘suffering’
Thai PM says rate cut would have been right for economy, public ‘suffering’
April 11, 2024
THAILAND’S economy would have benefited from a cut in key interest rates, Prime Minister Srettha Thavisin said on Thursday (Apr 11) in a response to the Bank of Thailand’s...
US to consider concerns about China’s Brite in trade sanction decisions
US to consider concerns about China’s Brite in trade sanction decisions
April 11, 2024
THE Biden administration will consider concerns about Chinese chip designer Brite Semiconductor flagged by Republican Senator Marco Rubio as it decides what firms to add to a trade sanction...
US SEC warns Uniswap Labs of potential enforcement action
US SEC warns Uniswap Labs of potential enforcement action
April 11, 2024
THE US Securities and Exchange Commission (SEC) has notified of potential enforcement action against Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, the company...
Bank of Korea set to hold interest rates during transition after elections
Bank of Korea set to hold interest rates during transition after elections
April 11, 2024
THE Bank of Korea (BOK) is expected to keep its policy settings unchanged on Friday (Apr 12), opting to continue its inflation fight in a steady manner as the...