Entrepreneurship
China’s Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
Published Thu, Jul 23, 2026 · 05:47 PM[LONDON] Geely Auto will build two electric SUVs at Ford’s factory in Spain and the two firms will jointly develop a new...
BNP Paribas reports 33% jump in Q2 profit as equity trading hits record
Published Thu, Jul 23, 2026 · 05:38 PM[PARIS] French lender BNP Paribas beat second-quarter forecasts as record equity trading and a rebound in retail banking helped lift net profit...
Nokia’s profit beats estimates as data centres boost growth
Published Thu, Jul 23, 2026 · 02:47 PM[HELSINKI] Nokia’s second-quarter profit strongly beat analysts’ forecasts, as the Finnish mobile network equipment maker’s push to supply gear to data centres...
Construction among Singapore’s top-performing sectors; up to S$53 billion demand forecast in 2026: SGX
Among the 20 largest stocks in the sector, share prices gained an average of 56% over the past 12 months[SINGAPORE] Singapore’s construction sector grew 11.8 per cent year on...
Paramount secures EU nod for US$110 billion Warner Bros deal, but US hurdles remain
Published Thu, Jul 23, 2026 · 09:21 AM[BRUSSELS] Paramount Skydance on Wednesday (Jul 22) gained European Union antitrust approval for its US$110 billion acquisition of Warner Bros Discovery after...
China AI firm PsiBot becomes latest startup to hit US$1 billion in value
It is one of the few unicorns in the field of embodied AI and world models, which help robots navigate physical surroundingsPublished Thu, Jul 23, 2026 · 09:19 AM[BENGALURU]...
OpenAI president calls Moonshot AI’s Kimi K3 ‘pretty good’, unsure if it was distilled from OpenAI models
A White House official accused Moonshot of improperly using US AI models to build its ownPublished Thu, Jul 23, 2026 · 08:23 AMOPENAI President Greg Brockman acknowledged that Moonshot...
Alphabet hikes spending outlook in race to build AI data centres
[NEW YORK] Alphabet again raised already sky-high estimates for capital spending in 2026, telling investors that expenses may top US$200 billion as it races to build the computing power...
Keppel DC Reit prepares Singapore data centre for potential redevelopment; H1 DPU up 11.3%
[SINGAPORE] Keppel DC Reit plans to gradually vacate its Keppel DC Singapore 1 (KDC SGP 1) data centre for a potential redevelopment, said its management on Thursday (Jul 23).“For...
Tesla profit falls well short of estimates as costs rise
Adjusted earnings were US$0.33 a share in Q2, missing the US$0.51 average of analyst estimates compiled by BloombergPublished Thu, Jul 23, 2026 · 07:23 AM[AUSTIN] Tesla missed Wall Street’s...
