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With stock purchase, Elon Musk signals confidence in Tesla’s self-driving tech
In a move that boosted Tesla’s stock in midday trading on Monday, it was revealed that Chief Executive Elon Musk purchased approximately $1 billion worth of the company’s shares.The...
MAS needs to boost retail share of IPO listings
It would be fairer to retail investors and add to market liquidity given the larger pool of shareholdersI REFER to the commentary “It’s sink or swim time for local...
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
[BENGALURU] OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely Microsoft, down from...
Opec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with...
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop...
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
[SINGAPORE] Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended Jun 30, from US$75.6 million in...
Chinese shipyards’ market share falls to 52% amid US port fees concerns, says Bimco
[SINGAPORE] The market share of Chinese shipyards dropped by almost a third from January to June this year amid concerns about upcoming fees on Chinese ships entering US ports,...
ESPYS 2025: Alex Morgan and Diana Taurasi Share Why They Have “No Limits” in Powerful Icon Award Speech
Alex Morgan has scored a new achievement. The former USWNT soccer player and WNBA star Diana Taurasi were honored with the Icon Award at the 2025 ESPY Awards in...
