Carlsberg confidentially files US$700 million India IPO

Carlsberg confidentially files US0 million India IPO

The offering, expected to comprise a secondary share sale by the brewer, can take place later this year Published Fri, Jul 3, 2026 · 03:27 PM [NEW DELHI] Carlsberg confidentially filed draft papers for an initial public offering of its India unit, a public advertisement said. The proposed IPO is expected to consist entirely of…

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Personal data of 70,000 people compromised after cybersecurity involving SLA vendor and its cloud

Personal data of 70,000 people compromised after cybersecurity involving SLA vendor and its cloud

[SINGAPORE] The Singapore Land Authority (SLA) has disclosed that a cloud environment managed by IT software giant IBM suffered cybersecurity incident involving unauthorised access. SLA said the affected environment managed by the vendor is distinct and separate from SLA’s operational systems, with no other systems compromised. IBM has also revoked access associated with the affected…

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Man admits harassing Nancy Guthrie’s family with fake ransom demand

Man admits harassing Nancy Guthrie’s family with fake ransom demand

A California man has pleaded guilty to harassing Nancy Guthrie’s family by sending fake ransom demands. Derrick Callella, 42, of Hawthorne, pleaded guilty to two counts of harassment by telecommunications device on Thursday, according to the U.S. Attorney’s Office. It marks the only criminal conviction stemming from the disappearance of Guthrie—the 84-year-old mother of Today…

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Chip industry urges US to avoid moves that distort memory market

Chip industry urges US to avoid moves that distort memory market

Shortage sparks policy debates beyond buying from blacklisted Chinese memory makers Published Fri, Jul 3, 2026 · 02:28 PM [WASHINGTON] Government attempts to address the global memory chip shortage by influencing prices or production capacity would worsen a historic squeeze on supply driven by the artificial intelligence boom, a semiconductor industry group warned the Trump…

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Resilient aluminium prices set to boost Asia’s smelters over global rivals: analysts

Resilient aluminium prices set to boost Asia’s smelters over global rivals: analysts

Cheaper power and easier access to raw materials can benefit low-cost producers in China, India, Indonesia [SINGAPORE] Higher aluminium prices could position smelters operating at a low cost in China, India and Indonesia to sustain stronger margins than their global counterparts, industry observers told The Business Times. This is given that cheaper power and relatively…

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Private credit keeps US$14 billion trapped in bid to outlast storm

Private credit keeps US billion trapped in bid to outlast storm

With redemption wave unlikely to ease, funds lock up around US$1.70 for every US$1 an investor reclaims Published Fri, Jul 3, 2026 · 10:17 AM [NEW YORK] Ahead of reporting their second-quarter results, private credit managers acknowledged a sobering reality: The redemption wave engulfing the US$1.8 trillion market was unlikely to abate swiftly. Now, as…

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Jodie Foster Thinks ‘F1’ Was Made With AI: “Wasn’t It?”

Jodie Foster Thinks ‘F1’ Was Made With AI: “Wasn’t It?”

As Hollywood grapples with AI‘s potential impact, Jodie Foster believes the tech is already very present in the industry. The 2x Oscar winner recently explained why she believes last year’s Joseph Kosinski-helmed, Ehren Kruger-penned Brad Pitt starrer F1 was made with artificial intelligence, pointing to the Academy Award-winning film as an example of GenAI creating…

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