Entrepreneurship

Fed’s Waller wants July interest rate cut amid rising growth, job market risks
[NEW YORK] Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest rates at the end of...
US set to impose 93.5% duty on China battery material
[NEW YORK] The US Commerce Department imposed preliminary anti-dumping duties of 93.5 per cent on Chinese imports of graphite, a key battery component, after concluding the materials had been...
Bain seeks next airline after tripling money on Virgin Australia
[SYDNEY] Bain Capital is scouting for its next airline deal after already more than tripling its money on Virgin Australia Holdings.The US buyout firm sold a 30 per cent...
US: S&P 500, Nasdaq end at record highs after solid retail data
[NEW YORK] Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings rather than lingering...
Europe: Shares see first daily gain in five on strong earnings
[BENGALURU] European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported positive earnings news.The pan-European Stoxx 600...
The Unexpected Invitation to Push Beyond My Limits
In my delirious state, I genuinely thought they meant they had qualified for some mental institution, which, given how I felt at that moment, seemed like a reasonable next...
Amazon’s AWS cloud computing unit cuts jobs
Published Thu, Jul 17, 2025 · 11:57 PM[SAN FRANCISCO] Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a...
China’s WeRide secures LTA approval to run driverless bus without safety officer in Sentosa
[SINGAPORE] China-based WeRide has secured approval from Singapore’s Land Transport Authority (LTA) to operate a driverless bus in Sentosa without an on-board safety officer.This will be the first autonomous...
Uber to invest US$300 million in EV maker Lucid as part of robotaxi deal
[SAN FRANCISCO] Uber will invest US$300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next year, the...
US: Wall St opens marginally higher as markets weigh data
Published Thu, Jul 17, 2025 · 09:53 PM[NEW YORK] Wall Street opened largely steady on Thursday (Jul 17), as investors mulled over fresh economic data, while upbeat results from...
Samsung chairman Lee’s long legal saga ends with acquittal
[SEOUL] Samsung Electronics executive chairman Lee Jae-yong was cleared of all charges related to accounting fraud and stock manipulation by South Korea’s Supreme Court, marking a major legal victory...
India’s private market boom set to continue, as investors keep shunning China
[SINGAPORE] A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest...