Technology
Big Oil isn’t budging on output as Opec+ supply hike looms
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices during April and a decision by...
Shell is studying merits of BP deal as rival’s stock slumps
[LONDON] Shell is working with advisers to evaluate a potential acquisition of BP, though it’s waiting for further stock and oil price declines before deciding whether to pursue a...
Temu ditches Chinese imports model to avoid Trump’s tariffs
[NEW YORK] Temu is abandoning the model centred around cheap Chinese imports that catapulted it to success in the US, aiming to sell only goods from local merchants to...
Elon Musk Wins Major Vote to Build His Own City in Texas as He Gets a Step Closer to His Dream to Colonize Mars
Elon Musk has won a vote to create his own city in Texas as part of his ambitious plan to one day colonize Mars. Musk plans to convert SpaceX's...
India’s largest bank plans to raise 250 billion rupees in share sale
[MUMBAI] State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first equity raising by the...
Who Is Greg Abel? Warren Buffett’s Successor as Berkshire Hathaway CEO Is Canadian-Born Billionaire Who Is a Doting Dad and Leads a Humble Life
Greg Abel, who has been chosen by Warren Buffett as the next CEO of Berkshire Hathaway, is a Canadian-born near-billionaire who, despite his wealth, leads a humble and down-to-earth...
Straco chair Wu Hsioh Kwang elevates his stake
[singapore] Over the four trading sessions from Apr 25 to 30, institutions were net buyers of Singapore stocks, with net institutional inflow of S$56.4 million, reversing the preceding five...
Apple eases App Store rules under court pressure
[CUPERTINO] Apple on Friday (May 2) relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.Apple’s update to...
