Real Estate
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...
US weighs more limits on China’s access to chips needed for AI
THE Biden administration is considering further restrictions on China’s access to chip technology used for artificial intelligence (AI), targeting new hardware that’s only now making its way into the...
Temu lures more repeat customers than EBay, pressures Amazon
LESS than two years after its US debut, Chinese e-commerce upstart Temu is attracting more repeat shoppers than eBay, an e-commerce pioneer that has been around for almost three...
