News

Citigroup CEO Jane Fraser’s pay rises to US$42 million after banner year
Published Fri, Feb 13, 2026 · 06:59 AMCITIGROUP said on Thursday it had approved US$42 million for CEO Jane Fraser’s total compensation for 2025, up nearly 22 per cent...
Oil prices fall on supply forecast, easing risk
Published Fri, Feb 13, 2026 · 06:09 AM[HOUSTON] Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.Brent crude oil futures settled...
European shares retreat from record highs as financials, industrials tumble
Published Fri, Feb 13, 2026 · 05:55 AMEUROPEAN shares fell on Thursday, erasing earlier gains that pushed markets to record highs, as financial and industrial stocks tumbled and investors digested...
Wall St rises as markets assess economic data
Published Thu, Feb 12, 2026 · 10:41 PM[NEW YORK] Wall Street’s main indexes inched higher on Thursday (Feb 12), a day after robust jobs growth and a dip in...
Mercedes flags more margin pressure ahead, tough road in China
Published Thu, Feb 12, 2026 · 09:24 PM[STUTTGART, Germany] Mercedes-Benz said on Thursday (Feb 12) that the profit margin at its autos division could fall further this year, indicating...
Instagram boss defends app from witness stand in trial over alleged harms to kids
A Los Angeles County Superior Court judge threatened to throw grieving mothers out of court Wednesday if they couldn’t stop crying during testimony from Instagram boss Adam Mosseri, who...
Meta, TikTok and others agree to teen safety ratings
Meta, TikTok and Snap will be rated on their teen safety efforts amid rising concern about whether the world’s largest social media platforms are doing enough to protect the...
Trial starts in L.A. lawsuit alleging Instagram and YouTube knew apps harmed kids
A landmark civil trial that will ask jurors to decide whether social media companies can be held liable for pushing a product that they allegedly knew was harmful to...
Oil prices climb on worries of possible Iran-US conflict
Published Sat, Feb 7, 2026 · 09:07 AM[HOUSTON] Oil prices settled higher on Friday (Feb 6), reversing earlier losses as traders worried that this week’s talks between the US...
Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pacePublished Fri, Feb 6, 2026 · 11:26 PM[NEW YORK] Amazon.com shares slid 9 per...
TikTok accused of breaching EU online content rules
EU tech regulators say the app may have to change its ‘addictive design’ featuring infinite scroll and autoplayPublished Fri, Feb 6, 2026 · 11:01 PM[BRUSSELS] Social media app TikTok...
Goldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
Published Fri, Feb 6, 2026 · 10:25 PM[NEW YORK] JPMorgan Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least...