Technology
Axa to return 6 billion euros to investors in new payout policy
AXA plans to return about 6 billion euros (S$8.73 billion) of last year’s earnings to investors under a new payout policy unveiled by chief executive officer Thomas Buberl. The...
Nestle misses full-year organic sales estimates as price hikes deter shoppers
NESTLE reported full-year organic sales growth slightly below expectations on Thursday (Feb 22) as the world’s biggest packaged food company continued to hike prices, prompting some shoppers to turn...
Meta says not required to pay for Indonesia news content posted voluntarily
FACEBOOK parent Meta Platforms on Thursday (Feb 22) said it understood it was not required to pay for content of news publishers posted voluntarily by users in Indonesia, following...
Reddit in AI content licensing deal with Google: sources
SOCIAL media platform Reddit has struck a deal with Google to make its content available for training the search engine giant’s artificial intelligence (AI) models, three sources familiar with...
Asia: Markets open higher after US tech gains
ASIAN markets opened mostly up on Thursday, after higher-than-expected earnings from tech giant Nvidia and as investors weigh Fed minutes signalling most US officials are in no rush to...
CEOs of OpenAI and Intel cite artificial intelligence’s voracious appetite for processing power
SAN JOSE, Calif. -- Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming market’s...
Thai rate-cut case backed by investors amid government pressure
GROWING political pressure aside, Thailand’s weak economy adds to the case for the central bank to cut interest rates sooner rather than later, according to money managers. Prime Minister...
United Hampshire US Reit posts 27.9% drop in H2 DPU to US$0.0214
UNITED Hampshire US Real Estate Investment Trust’s (Reit) distribution per unit (DPU) fell 27.9 per cent to US$0.0214 for the second half year ended Dec 31, 2023, from US$0.0297...
