Tag: Business
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Asia shares hesitant as oil climbs, earnings loom
SYDNEY, July 20 : Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the AI trade.Brent crude climbed 3 per cent to cross $90 a barrel for the…
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SpaceX moves Starship launch attempt to Thursday
July 19 : SpaceX is targeting Thursday, July 23, for another attempt to launch its Starship rocket, the company said in a statement on Sunday.SpaceX CEO Elon Musk posted on X later on Sunday that the next Starship launch would occur on Friday, contradicting the earlier statement from his company. He did not s
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UK chief financial officers turn more hopeful about AI
LONDON, July 20 : The finance bosses at many of Britain’s biggest companies are more optimistic about the impact of artificial intelligence on their businesses and a bit less worried about risks from geopolitics, according to a report published on Monday.The survey of UK chief financial officers by accountanc
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Universal and Christopher Nolan’s ‘The Odyssey’ sails to $124.5 million opening
Christopher Nolan’s “The Odyssey” tallied an estimated $124.5 million at the domestic box office, with IMAX screenings fueling a big haul.
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American Airlines CEO lays out his vision to close a more than $3 billion profit gap
The carrier is working on improving reliability, investing in more premium seats and lounges, and considering Boeing and Airbus for a new wide-body plane order.
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Exclusive-Samsung cuts US jobs, offers relocations ahead of HQ move
SEOUL, July 19 : Samsung Electronics has cut jobs at its U.S. display, phone and other consumer electronics operations — affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with the matter.The South Korean tech giant said on Sunday in a statement to Reuters that
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Data center opponents stage 142 protests across 42 US states
July 18 : Opponents of the rapid buildout of data centers held 142 protests across 42 states on Saturday in the first nationwide effort to channel anger at the AI infrastructure expansion that has ramped up over the past year and roiled local politics.The protests were coordinated by HumansFirst, co-founded
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Which Singapore celebrities own cafes? 35 stars who have gone into F&B, from Ben Yeo to JJ Lin and Rebecca Lim
Running a restaurant isn’t easy, even if you’re famous. From Ben Yeo’s ever-evolving restaurant empire to Taufik Batisah, The Muttons and Jeanette Aw, here’s a roundup of the local celebrities who’ve opened everything from hawker stalls to cafes, steak restaurants and online food businesses.
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Samsung Electronics America to reduce workforce by 739 in New Jersey, WARN notice says
SEOUL, July 19 : Samsung Electronics America is reducing its workforce by 739 jobs in Englewood Cliffs, New Jersey, according to a Worker Adjustment and Retraining Notification (WARN) reviewed by Reuters. SEA handles sales and marketing of Samsung Electronics’ displays, phones, TVs and home appliances in th
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Fanatics CEO Michael Rubin on two sports businesses his multi-billion-dollar conglomerate won’t enter
Fanatics has become one of the most influential companies in sports, building out a massive merchandise, collectibles and sports gambling platform.
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