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Meta to set up team to counter disinformation, AI abuse in EU elections
FACEBOOK owner Meta will set up a team to tackle disinformation and the abuse of generative artificial intelligence (AI) in the run-up to European Parliament elections in June amid...
BASF plans more German cuts even as group profit set to rebound
GERMANY’S BASF will slash another one billion euros (S$1.5 billion) in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting...
US new vehicles sales set to rise in February
US NEW vehicle sales are expected to rise 1.4 per cent in February from a year earlier, driven by robust demand and a better supply of vehicles, according to...
Airbus to set up centre for sustainable aviation in Singapore
EUROPEAN aircraft manufacturer Airbus is setting up a centre for research and development related to sustainable aviation, including areas such as sustainable fuel. This is under a memorandum of...
Whirlpool set to sell 24% stake in Indian unit for up to US$451 million
APPLIANCE maker Whirlpool is selling a 24 per cent stake in its Indian unit this week for up to US$451 million via block deals, according to a term sheet...
China set to bide time on rate cut until yuan, data stabilise
CHINA’S central bank is poised to keep cash conditions and monetary policy broadly stable as policymakers focus on a weakening currency. The People’s Bank of China (PBOC) will leave...
SGX, SET, Bursa Malaysia, IDX team up to implement common ESG metrics through joint initiative
FOUR Asean stock exchanges will be jointly developing an initiative to implement common ESG metrics in their respective data infrastructures and advance the region’s sustainable development. The Singapore Exchange...
UniCredit set to boost bonus pool by 16% after record year
UNICREDIT is poised to increase its overall bonus pool for last year by about 16 per cent, after the Italian lender posted a record profit and increased shareholder returns....
