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Lyft beats on bookings, adds new riders
LYFT reported first-quarter results and financial guidance that beat investors’ expectations, a sign of the company’s ability to retain and attract new riders in the US and Canada.Gross bookings...
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
ABU Dhabi hub carrier Etihad Airways has added banks to its planned initial public offering (IPO) that could raise as much as US$1 billion, according to sources familiar with...
Basel Committee adds climate risks to banking supervision standards
THE Basel Committee on Thursday approved an update of its banking supervision guidelines that includes risks from climate changes and the digitalisation of finance.The changes to its “core principles...
Adobe explores OpenAI partnership as it adds AI video tools
ADOBE is in the early stages of allowing third-party generative artificial intelligence (AI) tools such as OpenAI’s Sora and others inside its widely used video editing software, the US...
China’s central bank adds more gold to its reserves in March
CHINA’S central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported...
Scoot adds Koh Samui and Sibu to network with new Embraer planes
SCOOT will be flying to Koh Samui and Sibu in Thailand and east Malaysia, respectively, bringing its network to 69 destinations, the budget carrier in the Singapore Airlines (SIA)...
US dollar dips as rally peters out, most PMI data adds to market optimism
THE US dollar fell on Thursday (Feb 22) as share markets hitting record highs drove optimism across asset classes and traders digested a slew of largely better-than-expected business activity...
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