Fashion
Meta’s US$14.8 billion Scale AI deal latest test of AI partnerships
[NEW YORK] Facebook owner Meta’s US$14.8 billion investment in Scale AI and hiring of the data-labeling startup’s chief executive offiecer will test how the Trump administration views so-called acquihire...
Oil Soars Nearly 7% on Israel-Iran Strikes, Stirring Middle East Supply Worries
With tensions escalating and concerns mounting over a broader war in the Middle East, oil prices surged nearly 7% on Friday after Israel carried out airstrikes on Iranian military...
Gold Prices Surge as Middle East Tensions Rise and Rate Cut Hopes Grow
Markets jittered on Friday as new tensions in the Middle East sent tremors through global finance. Investors fled to gold as a haven in a world of elevated geopolitical risk. The...
Shein’s planned Hong Kong listing to benefit from wider capital pool, analysts say
[SYDNEY] Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while tapping into capital from the mainland and...
Sunjay Kapur Cause of Death: Prince William’s Billionaire Friend Dies Aged 53 after Swallowing Bee While Playing Polo Match
Sunjay Kapur, a close friend of Prince William, has died at the age of 53 after swallowing a bee, which triggered a fatal heart attack. According to the Mirror,...
Alibaba movie unit’s pivot, rebrand bring US$2 billion value gain
DAMAI Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing entertainment segments targeting younger consumers – and investors are taking notice. Since its May...
Hong Kong-listed ESR gets shareholders’ nod for privatisation
[HONG KONG] Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise the real estate fund manager....
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
[SINGAPORE] Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new programme. The AI Cloud Take-Off Programme launched...
Iran Launches 100 Drones at Tel Aviv in Retaliation after Israeli Airstrikes Killed Iran’s Top Military Officials and Disrupted Nuclear Program
Iran launched over 100 drones at Israel on Friday in response to massive airstrikes that killed senior military officers and scientists while crippling its nuclear facilities. The retaliation came...
Captain Sumeet Sabharwal: Air India’s Pilot Made Desperate Mayday Call Seconds Before Crash as Experts Believe Bird Strike Led to Tragedy
The pilot of the Air India flight frantically reported that the aircraft was fast "losing power" just moments before the deadly crash, killing at least 260 people, with only...
