Technology
Elliott takes over US$1 billion stake in Lululemon: source
[VANCOUVER] Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to...
Hollywood stars launch Creators Coalition on AI
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry.The group, called Creators Coalition on...
HSBC’s Elhedery to kick off 2026 with extended Hong Kong stint
His temporary relocation is part of an effort to cut down on a hectic travel schedule[LONDON] HSBC Holdings staff in Hong Kong are about to see a lot more...
At a Silicon Valley summit, robots fold laundry—and investors open their wallets
Robots from around the world converged on Silicon Valley to provide a glimpse of a potential future.Two robots picked up T-shirts with orange-tipped claws, then neatly folded and piled...
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing[HONG KONG] Semiconductor materials linchpin Resonac Holdings is eyeing solid...
Oil settles near five-year low amid ample supply, Russia-Ukraine progress
[DENVER] Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect of a Russia-Ukraine peace deal appeared to strengthen,...
Wall Street slips at open as investors assess key jobs data
[NEW YORK] Wall Street’s main indexes slipped at the open on Tuesday (Dec 16) after data broadly signalled a cooling US economy, paving the way for more monetary policy...