Lifestyle
Oil settles higher after Israeli strike overshadows ceasefire talks
OIL prices settled up US$1 on Wednesday (Apr 10) after three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip, feeding worries that...
Private equity money finding sweet deals in mid-market
THE middle market is becoming the space to watch as private equity (PE) deal-making picks up, industry players said. Targets are plentiful and there is no shortage of exit...
McKinsey begins hundreds of job cuts with client demand muted: sources
MCKINSEY & Co is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services.The reductions are global and will affect...
Crypto trading concentration a ‘considerable concern’, EU watchdog says
THE high concentration in crypto trading on a handful of exchanges, with Binance alone accounting for about half the market, raises concerns about the impact of a failure on...
Toyota puts US$300 million into VC funds for climate, science startups
TOYOTA Motor is putting US$300 million into its venture arm to back early startups focused on climate and so-called frontier technologies in areas like carbon capture, AI and space...
IMF warns industrial policy no magic cure for slow economic growth
THE International Monetary Fund (IMF) on Wednesday (Apr 10) said recent industrial policy initiatives pursued by the United States, Europe and other countries to steer innovation in certain sectors...
Tesla’s Musk to meet Modi in India and announce investment plans: sources
TESLA chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a...
Thailand to fund US$14 billion cash handout through state budget
THAILAND will fund a US$14 billion cash handout programme to stimulate the economy through a combination of state budget and assistance from a state bank, shelving an earlier plan...
