Entrepreneurship

Hedge funds slash bullish oil bets to lowest ever amid Opec hike
[NEW YORK] Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production compounded already-gloomy forecasts that...
Why The National Anthem Still Matters Today
Recently, I found myself reflecting on the opening lines of our national anthem. “Oh, say can you see by the dawn’s early light, what so proudly we hailed at...
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...
Drugmakers fall on report US to claim Covid shot killed kids
[WASHINGTON] Vaccine makers’ shares fell after a report that US President Donald Trump health officials plan to link Covid shots to the deaths of around two dozen children in...
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
[GDANSK] European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s credit rating decision...
Gunvor hires Singapore specialists as it expands precious metals business into physical trading
[LONDON] Global commodity trading house Gunvor is expanding its precious metals business from trading derivatives into physical metal and has hired specialists in the London and Singapore trading hubs,...
UK announces £400m Google Cloud info contract
[LONDON] The UK government has agreed a £400 million (S$695.6 million) contract with Google Cloud, days before President Donald Trump’s visit, saying on Friday (Sep 12) it will allow...
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector[BEIJING] China’s credit growth slowed from a year ago in August with its...
Overcoming Fear of Failure: The Path to Unlocking Opportunity
Fear of failure cripples too many potential leaders. I’ve noticed this pattern repeatedly throughout my entrepreneurial journey – people hesitate to take action because they’re afraid of what might...
EU could quit Russian gas within a year, US energy chief says
The United States is ramping up pressure on Europe to cut off energy revenue to Moscow, seeking to end the war in Ukraine[BRUSSELS] The European Union could phase out...
Singapore boards are unprepared for future complexities: Piyush Gupta
Their role transcends beyond being a ‘policeman’, he says; they also need to be a ‘navigator’ and ‘shepherd’[SINGAPORE] Many corporate boards are largely unprepared for future complexities, said former...
SGX to launch index that tracks non-STI listcos: Chee Hong Tat
The STI comprises the 30 largest companies by market capitalisation, but represents only a portion of SGX’s listed companies[SINGAPORE] The Singapore Exchange (SGX) will be launching an index that...