Technology
Chemicals giant Bayer rules out break-up ‘for now’ after huge loss
GERMAN chemicals giant Bayer vowed on Tuesday (Mar 5) to “urgently” address key challenges after plunging deep into the red in 2023, weighed down by woes related to its...
S$15 million addition to Maritime Cluster Fund among moves to improve sector’s sustainability
A NEW pillar under Singapore’s Maritime Cluster Fund will co-fund sustainability efforts by companies, with S$15 million set aside till 2030. The MCF-Sustainability pillar joins the fund’s existing three...
HSBC, StanChart, BofA aim to finance Indonesia coal retirement
HSBC Holdings, Standard Chartered and Bank of America are among the banks seeking to participate in Indonesia’s first early coal retirement deal, a signal that big lenders are increasingly...
Who Is Majid Dastjani Farahani? FBI Pursues Alleged Iranian Spy Linked to Assassination Plot of Top US Officials
The US Investigation agency Federal Bureau of Investigation (FBI)is actively pursuing Majid Dastjani Farahani, an alleged Iranian spy believed to be involved in a plot to assassinate former Secretary...
Thailand opens applications for virtual banks
THAILAND will accept applications for virtual banks within the next six months with the aim of supporting people with no or limited access to financial services, the Finance Ministry...
China’s Huawei and Amazon in patent licensing agreement
CHINA’S Huawei Technologies and United States tech giant Amazon said they had signed a multi-year patent licensing deal that resolves litigation between them. Most terms of the deal were...
Bitcoin cools below US$67,000, but stays in sight of record high
BITCOIN was perched just below a two-year peak on Tuesday (Mar 5), having jumped to a high above US$68,800 and nearing the all-time high as money keeps rushing into...