Tag: Business
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WiseTech shares tumble on news reports police are investigating founder White
June 22 : Shares of WiseTech Global fell 14 per cent on Monday on widespread media reports that the Australian Federal Police were investigating its executive chairman, Richard White, over claims he exploited a woman’s immigration status for sex and provided false information on a visa application.Reuters cou
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SK Hynix surpasses Samsung Electronics to become South Korea’s most valuable firm
SEOUL, June 22 : The market value of South Korean chipmaker SK Hynix briefly topped that of peer Samsung Electronics on Monday to make the company the country’s most valuable firm. Shares of SK Hynix traded up 5.7 per cent to bring the company’s market capitalisation to 2,082.5 trillion won ($1.35 trillion) a
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Stocks rally in Asia as Iran cites progress in talks
SYDNEY, June 22 : Asian share markets swung higher on Monday as Iranian negotiators said progress had been made in peace talks with the United States, helping calm fears the process was breaking down.Officials from Qatar and Pakistan also released a statement saying the first session of talks had concluded an
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Stocks slip in Asia, oil up on peace doubts
SYDNEY, June 22 : Most share markets slipped in Asia on Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to price in more risk of higher U.S. interest rates.Sterling eased amid reports Prime Minister Keir Starmer was considering his political fut
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Pixar’s ‘Toy Story 5’ lassos biggest opening weekend in franchise history with $160 million haul
Disney and Pixar’s “Toy Story 5” tallied $160 million domestically during its opening weekend, the highest debut in franchise history.
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Yoghurt wars: Danone-Chobani clash underscores wider protein battle
LONDON: Danone’s lawsuit against Chobani over protein claims makes it clear the French dairy company sees its US rival as a threat in one of the few food groups seeing a boost from weight-loss drug users both during and after they get their GLP-1 fix – yoghurt. Danone, which has struggled to meet growing
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SNAP restrictions could change what shoppers buy — and food giants are watching
SNAP food restrictions are spreading to more states, pressuring major food and beverage as consumers shift spending away from soda, candy and processed foods.
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Exclusive-Canadian lender TD tells some employees it will use software to monitor their work
TORONTO, June 19 : Toronto-Dominion Bank told some employees working in its financial crimes and risk management team that it would run software to track their work, prompting questions around consent and privacy in the workplace as the Canadian lender tries to increase productivity, according to a recording of a te
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Trump unveils the new Air Force One, a converted Qatari jet
The gift from Qatar is serving as a so-called “bridge” aircraft to carry the president until the new planes ordered directly from Boeing arrive.
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Trump tells Axios he no longer views Anthropic as national security threat
June 19 : U.S. President Donald Trump said he might have viewed artificial intelligence company Anthropic as a national security threat last week, but he no longer does, according to an interview with “The Axios Show” published on Friday.Senior Anthropic technical staff were scheduled to meet with Trump admin
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