Real Estate
Morgan Stanley plans to bring AI tools to rich Australia clients
MORGAN Stanley plans to use artificial intelligence (AI) capabilities to manage rich people’s portfolios in Australia as the Wall Street bank rollouts more software in the country that’s used in...
Oil and gas industry hops on generative AI bandwagon
AWAY from the Microsoft and Googles of the world, a century-old industry - oil and gas - is hoping that generative artificial intelligence will make producing petroleum more efficient...
British PC maker Raspberry Pi soars in London trading debut
BRITISH personal computer (PC) maker Raspberry Pi shares jumped on its first day as a public company, offering a boost to London’s struggling market for new stock listings. Shares...
Manulife Financial Corporation prices S$500 million subordinated notes at 4.275%
MANULIFE Financial Corporation priced S$500 million worth of subordinated notes, which are expected to qualify as Tier 2 capital of Manulife, said the company on Wednesday (Jun 12). The...
Johnson & Johnson reaches US$700 million talc case settlement
US PHARMACEUTICAL and cosmetics giant Johnson & Johnson has agreed to pay US$700 million to settle allegations it misled customers about the safety of its talcum-based powder products, New...
Apple hits record as AI features promise boost in iPhone sales
APPLE shares surged over 7 per cent to a record high on Tuesday (Jun 11), nearly regaining from Microsoft its crown as the world’s most valuable company a day...
Elon Musk drops lawsuit against OpenAI and Sam Altman
ELON Musk on Tuesday dropped his lawsuit against OpenAI and its co-founders Sam Altman and Greg Brockman for betraying the startup’s founding mission.In a California court, Musk had accused...
Oil settle slightly up on forecasts for strong global demand
OIL prices edged up to settle slightly higher on Tuesday as the US Energy Information Administration (EIA) raised its global oil demand growth forecast for the year, while Opec stuck to its...
