Apple CEO praises China’s innovation, long history of cooperation on Beijing visit
APPLE CEO Tim Cook on Saturday (Mar 25) used his first public remarks on his visit to China to praise the country for its rapid [more]
India’s Reliance Industries names new chief financial officer
RELIANCE Industries has appointed Srikanth Venkatachari as chief financial officer effective Jun 1, according to a late evening release by the company. Read More
Microsoft threatens data restrictions in rival AI search
MICROSOFT has threatened to cut off access to its internet-search data, which it licenses to rival search engines if they don't stop using it as [more]
Hedge fund Marathon made quick US$30 million on Credit Suisse bet
MARATHON Asset Management made around US$30 million in a few days because of a well-timed bet on Credit Suisse Group bonds. Read More
Malaysia says ex-Astro CEO returned US$10 million linked to 1MDB
MALAYSIA'S anti-graft agency said Rohana Rozhan, the former chief executive officer of Astro Malaysia Holdings, had returned US$10 million related to the troubled state fund [more]
US regulators say banking system ‘sound and resilient’
THE multi-regulator US Financial Stability Oversight Council agreed on Friday (Mar 24) that the US banking system remains "sound and resilient" despite stress on some [more]
US judge rules Internet Archive’s digital book lending violates copyrights
:A U.S. judge has ruled that an online library operated by the nonprofit organization Internet Archive infringed the copyrights of four major U.S. publishers by [more]
Apple CEO Tim Cook praises China’s innovation, long history of cooperation during Beijing visit
Advertisement Business File photo of Apple CEO Tim Cook. (Photo: Reuters/Andrew Kelly) 25 Mar 2023 11:32AM (Updated: 25 Mar 2023 12:43PM)SHANGHAI: Apple CEO Tim Cook [more]
Microsoft-Activision spread hits lowest since merger announced
THE gap between Activision Blizzard's stock price and Microsoft's takeover offer is at its narrowest level since the US$69 billion merger was announced in January [more]
Salesforce considers more job cuts amid profit push, COO says
SALESFORCE could see another round of job cuts while the company continues to focus on improving profitability, said chief operating officer Brian Millham. Read More
China has room to manoeuvre monetary policy – party official
Advertisement Business FILE PHOTO: Deputy Director of the General Office of the Central Financial and Economic Affairs Commission Han Wenxiu attends the China Development Forum [more]
Microsoft threatens to restrict data from rival AI search tools – Bloomberg News
Advertisement Business FILE PHOTO: Smartphone is seen in front of Microsoft logo displayed in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration/File Photo 25 Mar [more]
Ex-Goldman banker Roger Ng must forfeit US$35.1 million over 1MDB
FORMER Goldman Sachs banker Roger Ng, who was sentenced to 10 years in prison for his role in the global 1MDB fraud, was ordered to [more]
Intel co-founder Gordon Moore, prophet of the rise of the PC, dies at 94
SAN FRANCISCO :Intel Corp co-founder Gordon Moore, a pioneer in the semiconductor industry whose "Moore's Law" predicted a steady rise in computing power for decades, [more]
Small US banks see record drop in deposits after SVB collapse
DEPOSITS at small US banks dropped by a record amount following the collapse of Silicon Valley Bank on March 10, data released on Friday (Mar [more]
TikTok’s next stop is US courts as CEO falls flat
TIKTOK CEO Shou Chew's attempts to win over Congressional lawmakers Thursday (Mar 23) failed. But the more crucial fight to prevent the short-video app from [more]
Brazil’s BRF seeking China’s approval during govt mission to resume exports -sources
SAO PAULO : Brazilian food processor BRF will seek China's approval to resume chicken and pork exports from two of its plants during a Brazilian [more]
US: Markets close up slightly despite Deutsche Bank woes
US stocks shook off gloomy banking news from across the Atlantic to end the day slightly higher on Friday (Mar 24), as market sentiment improved [more]
Canada’s Trudeau says TikTok ban had ‘side benefit’ of getting his kids off platform
Advertisement Business Canadian Prime Minister Justin Trudeau speaks during a joint news conference with U.S. President Joe Biden, in Ottawa, Ontario, Canada, March 24, 2023. [more]
Europe: Stocks fall as Deutsche Bank sparks another bank rout
A STEEP sell-off in banking stocks hit European indexes on Friday (Mar 24) as worries about the stability of the financial sector intensified, with Deutsche [more]
China and Brazil look to set up green investment fund, say Lula aides
BRASILIA : Brazil and China are in talks to create a fund for financing the development of green industry and renewable energy in both countries, [more]
Commentary: Employees are drowning in apps and it’s hurting their productivity
Even before the pandemic, many people were already feeling overwhelmed by technology, which led to the common misconception that IT departments should be in charge [more]
Heart of the Matter: Tight regulation makes a bank run unlikely in Singapore, experts say
SINGAPORE: The successive collapse of three US banks and the takeover of 167-year-old banking institution Credit Suisse by its Swiss rival UBS, has raised nervous [more]
Commentary: Stop wasting time and energy toggling between apps in the office
Even before the pandemic, many people were already feeling overwhelmed by technology, which led to the common misconception that IT departments should be in charge [more]