Fashion
Microsoft lays off thousands in latest cuts to state’s tech industry
There was more bad news for the tech sector Wednesday as Microsoft announced reductions to staff, preparing for thousands of layoffs worldwide, including in its gaming division.The cuts add...
Court approves sale of 23andMe to nonprofit led by co-founder Anne Wojcicki
23andMe, a distressed genetic testing company that filed for bankruptcy this year, has received another potential lifeline. A bankruptcy judge approved the sale of the company’s assets and business...
Prudential commences third tranche of US$2 billion share buyback scheme
[SINGAPORE] Asia-focused insurer Prudential on Tuesday (Jul 1) announced the commencement of the third and final tranche of its US$2 billion share buyback programme launched in June 2024. This...
Standard Chartered Bank faces US$2.7 billion lawsuit over alleged role in 1MDB fraud
The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development BerhadPublished Tue, Jul 1, 2025 · 01:49 PM — Updated Tue, Jul 1,...
Chinese automakers grab record hybrid market share in Europe
[LONDON] Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the biggest slice of the electric vehicle (EV) market...
KKR starts financial advisory platform to widen choices for Singapore consumers
[SINGAPORE] Global asset manager KKR has started a platform for financial advisory (FA) firms that will give customer more choices.Launched on Tuesday (Jul 1), Ascend Asia brings together independent...
PwC Singapore appoints 11 new partners across different practices
[SINGAPORE] PwC Singapore has named 11 new partners as it responds to increasing demand for industry-focused advice and cross-border capabilities.The appointments spanned a wide range of sectors, including financial...
Gold rises on weaker US dollar as markets await Fed rate-cut clues
[BENGALURU] Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to assess the Federal Reserve’s...
Nissan seeks to delay supplier payments to free up cash, company emails show
[TOKYO] Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters,...
Apple weighs using Anthropic or OpenAI to power Siri in major reversal
[LOS ANGELES] Apple is considering using artificial intelligence (AI) technology from Anthropic PBC or OpenAI to power a new version of Siri, sidelining its own in-house models in a...
