Business

Elon Musk says Twitter's worth has dropped to US 20 billion

Elon Musk has put the current value of microblogging Twitter at USD 20 billion, less than half the USD 44 billion he paid for the social...

Singapore the second-most expensive business destination in Asia: Report

Singapore’s early removal of travel restrictions compared to other locations in Asia sparked a rise in demand for travel to the city,...

Indian-origin Starbucks CEO Laxman Narasimhan facing strikes during first week in charge

Laxman Narasimhan, the new Indian-origin CEO of coffee franchise Starbucks, is facing strikes from baristas at about 100 cafes, demanding...

Sustainability seminar for SIA group employees kicks off

Employees from across the Singapore Airlines (SIA) Group will participate in a three-day long sustainability-themed global learning festival...

ICICI Bank veteran Anup Bagchi to take over as MD, CEO of insurance arm

Private sector life insurer ICICI Prudential Life Insurance will see a change of guard as N S Kannan, the current managing director (MD) and...

Indian startups had USD 1 billion deposits in SVB: Rajeev Chandrashekhar

According to Deputy IT Minister Rajeev Chandrashekhar, Indian startups had deposits worth about USD 1 billion with embattled Silicon Valley...

ICC, NIUM announce Global Hackathon for digital cricket viewing

Taking advantage of cricket enthusiasm in Singapore, the International Cricket Council (ICC) and global platform for on-demand money...

Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen...

Gamma Squeeze – Learn About The Options

Gamma squeezes can benefit traders under certain market conditions. They can also be risky, as price fluctuations can be sudden and drastic.

Adani group seeks to regain investors’ trust after Hindenburg bump

The Adani group yesterday began a three-day road show in Singapore and Hong Kong with its bondholders in a bid to win back their trust after...

SpaceX postpones new rocket launch at last minute

A SpaceX Falcon 9 rocket launch to the International Space Station was postponed yesterday, with officials citing problems with ground...

Indian American techie Neal Mohan to take over as YouTube CEO

YouTube Chief Executive Officer Susan Wojcicki will be stepping down after nine years at the helm of the world's largest online video...

Air India buys 540 aircraft in biggest ever aviation deal

Tata-owned Air India Ltd has agreed to purchase a total of 540 aircraft from Boeing and Airbus, marking the biggest ever aviation deal in...

Boris Johnson’s brother exits from firm linked with Adani

Lord Jo Johnson, younger brother of former British PM Boris Johnson, has resigned his non-executive directorship of a UK-based investment...

Zomato looks to hire 800 hands amid job cuts

While tech giants are laying off employees around the globe, Zomato's Chief Executive Officer Deepinder Goyal has shared about 800 job...

Twitter sees pullout by over 500 advertisers since Elon Musk takeover

More than 500 of Twitter's advertisers have paused spending on the micro blogging site since Elon Musk's takeover last year.

StarHub named world’s most sustainable telco of 2023 Corporate Knights’ Global 100

Mobile service provider StarHub has been named as the world’s top telco (fixed and wireless) on the 2023 Corporate Knights’ Global 100...

Elon Musk to resign as Twitter CEO after finding replacement

Elon Musk has said he will step down as chief executive of Twitter after finding a replacement. It comes after Musk launched a poll asking...

Majority of voters in Musk's Twitter poll want him to step down as CEO

Twitter's owner Elon Musk is asking users of the social media platform to vote on his future as its chief executive.

Singapore firms to rope in more foreign workers to drive growth

Firms working to advance Singapore’s key economic priorities will temporarily be allowed to hire a few more foreign workers than...

Air India to buy 500 new aircraft: Report

News: India's flagship airline Air India is close to ordering 500 jetliners from Airbus and Boeing worth tens of billions of dollars,...

Facebook parent warns of pulling down news from platform

Facebook parent Meta threatened to remove news from its platform if the US Congress passes a proposal aimed at making it easier for news...

DreamFolks, Vidsur Golf team-up grants access to premium Indian, APAC golf courses

India’s largest airport service aggregator, DreamFolks announced a strategic partnership with golf privileges providers Vidsur Golf.

Vingroup, Google Cloud collaborate to modernise SAP applications

Vingroup, Vietnam’s largest private conglomerate, today announced a strategic collaboration with Google Cloud to modernise and connect its...

BharatPe continues to see more top exits

News: Fintech unicorn BharatPe is witnessing the exit of four senior executives including Vijay Aggarwal, Chief Technology Officer.