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Google has launched new film and TV production wing: Business Insider
[BENGALURU] Google has launched a new film and TV production initiative to scout projects it could fund or co-produce, Business Insider reported, a move that could help it capitalise...
OpenAI dials back conversion plan, nonprofit to retain control
OPENAI has dialled back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman’s power over the pioneering...
US dollar’s fall in Asia stuns investors, spreads across globe
[NEW YORK] The US dollar got a fresh jolt to start the week as speculation around potential trade deals sparked an extraordinary spike in Taiwan’s currency and reverberated across...
Oil ends at four-year lows as Opec+ accelerates output hikes
[NEW YORK] Oil fell by more than US$1 a barrel on Monday to settle at over four-year lows as an Opec+ decision to expedite its output hikes stoked fears about...
Nike president O’Neill out in latest shake-up under new CEO
[NEW YORK] Nike is reorganising its senior leadership team as its new chief executive officer shakes up several top roles at the world’s largest sportswear company.CEO Elliott Hill, who...
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure.The move...
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the correct response.The central...
Sias strongly disagrees with IFA opinion on ‘exploitative’ Sinarmas Land offer; urges offeror to revise bid
[SINGAPORE] David Gerald, the president of Securities Investors Association (Singapore), or Sias, has criticised the offer for Sinarmas Land by the Widjaja family-linked Lyon Investments as “exploitative”, urging the...
Audi keeps outlook after Q1 sales rise, but tariff impact not included
[BERLIN] Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not included, after its first-quarter revenue...
Volvo Cars sales fall 11% in April as fully electric cars slump
Published Mon, May 5, 2025 · 04:01 PM[STOCKHOLM] Volvo Cars reported on Monday (May 5) an 11 per cent decrease in April sales to 58,881 cars from a year...
