Corporate

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,...

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...

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...

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...

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...

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...

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...

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.

Vikram Kirloskar of Toyota Kirloskar Motor dies

News: One of India's automotive industry stalwarts and Toyota Kirloskar Motor vice chairperson Vikram S Kirloskar has died, the company...

Air India, Vistara set to merge, say Tata, Singapore Airlines

News: Singapore Airlines (SIA) and Tata Sons (Tata) have agreed to merge Air India and Vistara, with SIA also investing INR 20.585 billion...

‘9 out of 10 Singaporeans wary of how companies use their data’

News: New research from OpenText reveals the growing level of concern among Singaporeans over the privacy and protection of personal data...

Elon Musk finds #StayWoke T-shirts, changes them to...

News: Twitter supremo Elon Musk, recently said he found a closet full of "#StayWoke" T-shirts at the company's headquarters which inspired...

Elon Musk signs off on message to critics with 'Namaste'

News: Twitter boss Elon Musk today signed off one of his tweets with the traditional Hindi greeting, "Namaste". Musk urged those critics...

Elon Musk considering further layoffs: Reports

News: Twitter's new owner Elon Musk is considering laying off more employees, just weeks after he laid off half the company's workforce,...

Twitter to 'temporarily close offices' as hundreds quit after Musk's ‘hardcore’ work email

News: Hundreds of Twitter employees appeared to have quit following a deadline by Elon Musk and the company sent messages it was closing its...

Amazon begins cutting workforce, says more layoffs in 2023

Tech giant Amazon has begun the process of cutting jobs across the company this week and stated that layoffs would continue into 2023 as its...