News

Chinese airline delays Boeing jet delivery as tariffs surge
[HONG KONG] China’s Juneyao Airlines is delaying delivery of a Boeing widebody aircraft, according to people familiar with the matter, highlighting how the escalating trade war between Washington and...
Revolut to roll out UK stock trading amid market chaos
[LONDON] Revolut plans to add UK stocks to its trading platform in the coming days as some investors look to diversify away from US equities in the aftermath of...
Antitrust chiefs counter proposed cuts as tech cases advance
[SAN FRANCISCO] Antitrust enforcers are pushing back against the impact of a broad, Justice Department-wide restructuring plan that would interfere with key White House priorities including enforcement in the...
Group of ex-OpenAI employees back Musk’s lawsuit to halt OpenAI restructure
[SAN FRANCISCO] A dozen former OpenAI employees filed a legal brief on Friday (Apr 11) backing co-founder Elon Musk’s lawsuit aimed at keeping the non-profit status of OpenAI, marking...
Netflix tests new AI search engine to recommend shows, movies
[LOS ANGELES] Netflix is testing new search technology for subscribers that employs artificial intelligence (AI) to help them find TV shows and movies, expanding its use of the technology.The...
Russian oil shipments shift to western tankers as prices slump
[LONDON] A slump in oil prices is allowing Russia’s crude to be carried on tankers owned and insured by western companies, helping tighten the market for those ships around...
Snowflake continues investing in growth in an AI revolution
[SINGAPORE] Artificial intelligence (AI) has a symbiotic relationship with data – and data management platform Snowflake has taken this ball and run with it. From leveraging cloud computing for...
Amid buzzing drones and the rise of AI, Masters tries to balance tradition and tech
AUGUSTA, Ga. — Cellphones are banned at the Masters. Food and drink prices are happily stuck in the 1970s — $1.50 for a pimento cheese sandwich — a charming holdover from...
JPMorgan Q1 profit tops estimates
[NEW YORK] JPMorgan Chase topped first-quarter profit estimates on Friday (Apr 11), driven by record equities trading and higher fees from debt underwriting and merger advisory.CEO Jamie Dimon, however,...
Nickel scam accused paid S$7 million for 8 luxury cars and S$1 million for vintage car plate: dealer
[SINGAPORE] Alleged nickel fraudster Ng Yu Zhi was said to have splurged about S$7 million on eight luxury cars – five of them transferred to his wife and girlfriends...
BlackRock misses long-term flow expectations amid Asia outflows
[NEW YORK] The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the first quarter, which ended just days...
Job seekers turn to AI tools to gain a competitive edge. It can also backfire
Dani Schlarmann, a recruiter, noticed something fishy about the job applicants.Cover letters and resumes sounded identical. Candidates embellished their experience to match the job description. On top of that,...