Sources
Oil falls 2% after sources say Opec+ to mull accelerating output
[HOUSTON] Oil prices slipped 2 per cent on Wednesday (Apr 23) as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed following...
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
Published Wed, Apr 23, 2025 · 04:23 PM[SINGAPORE] PSA International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge...
Unilever threatens to pull funding from the Ben & Jerry’s Foundation: sources
Published Tue, Apr 22, 2025 · 07:32 AM[NEW YORK] Unilever is threatening to halt funding to the Ben & Jerry’s Foundation, a US-based non-profit that makes donations to social...
Huawei readies new AI chip for mass shipment as China seeks Nvidia alternatives: sources
[SINGAPORE/BEIJING] Huawei Technologies plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter...
Tesla to delay US launch of affordable EV, a lower-cost Model Y: sources
[SAN FRANCISCO/NEW DELHI/SEOUL] Tesla’s long-awaited plans for an affordable car include a US-made, stripped-down version of its best-selling electric SUV, the Model Y, but the production launch has been...
Shein gains UK approval for London IPO, awaits China nod: sources
[LONDON] Online fast-fashion retailer Shein has secured approval from Britain’s Financial Conduct Authority (FCA) for its planned initial public offering (IPO) in London, according to two sources with knowledge...
Apple airlifts 600 tonnes of iPhones from India ‘to beat’ Trump tariffs: sources
[NEW DELHI] Tech giant Apple chartered cargo flights to ferry 600 tonnes of iPhones, or as many as 1.5 million, to the US from India, after it stepped up...
Virgin Australia targeting June IPO despite tariff turmoil: sources
[SYDNEY] Bain Capital-controlled airline Virgin Australia is pushing ahead with plans for an initial public offering (IPO) in June, despite the market turmoil caused by US President Donald Trump’s...
