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Olam to divest remaining Olam Group assets to fund business reorganisation
[SINGAPORE] Olam Group will invest US$500 million equity into Olam Food Ingredients (ofi) within the next three months, while de-leveraging the remaining Olam group for progressive liquidation, as part...
Who is Nikita Casap? US Teen Linked to Neo-Nazi Group Kills Parents in Chilling Plot to Assassinate Trump
A Wisconsin teenager is facing serious charges after allegedly killing his parents as part of a plan to assassinate former President Donald Trump. Federal court documents reveal a disturbing...
Group of ex-OpenAI employees back Musk’s lawsuit to halt OpenAI restructure
[SAN FRANCISCO] A dozen former OpenAI employees filed a legal brief on Friday (Apr 11) backing co-founder Elon Musk’s lawsuit aimed at keeping the non-profit status of OpenAI, marking...
Google lays off hundreds of employees in Android, Pixel Group: The Information
[BENGALURU] Alphabet’s Google on Thursday (Apr 10) laid off hundreds of employees in its platforms and devices unit, which works on the Android software, Pixel phones and the Chrome...
Automotive group Vin’s Holdings aims for greater gains in used car space with IPO
[SINGAPORE] Buoyed by success in the pre-owned car market, Vin’s Holdings (VH) has sought an initial public offering (IPO) to fuel the next stage of its development with investments...
Maryland Christian Youth Group Leader Charged with Sexually Abusing Minors
A Catonsville Christian youth group leader faces nearly 80 charges, including inappropriately touching teenage boys in his care, according to charging documents.Kevin Guy, 32, is accused of using his...
CDL group CEO Sherman Kwek gives up long-term incentive of S$1.35 million; total compensation for FY2024 down 15.4%
[SINGAPORE] City Developments Ltd (CDL) group chief executive officer Sherman Kwek has voluntarily forgone his long-term incentive grant of S$1.35 million for financial year 2024, based on CDL’s annual...
Walmart denies ABC News report it could join investor group to buy TikTok
[NEW YORK] Walmart on Friday (Apr 4) denied a report from ABC News that it was considering joining a group of investors to buy short video app TikTok.Earlier on...