News
Instacart forecasts upbeat quarterly core profit on online grocery delivery demand
INSTACART forecast second-quarter core profit above Wall Street estimates on Thursday, betting on resilient demand for grocery and food on its delivery platform as more people shop online.Shares of...
Electronic Arts lays off hundreds of workers in latest round of cuts
Electronic Arts, the global video game company, is slashing its workforce again.The company, based in Redwood City, Calif., has eliminated several hundred positions, including about 100 jobs at Respawn,...
Ryanair threatens to cancel huge Boeing order if tariffs raise prices
[DUBLIN] Ryanair on Thursday (May 1) threatened to cancel orders for hundreds of Boeing aircraft if a US-led tariff war leads to materially higher prices, and said it could...
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
[LONDON] HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe’s biggest...
Tesla chair denies plans to look for new CEO to replace Musk
[BENGALURU] Tesla chair Robyn Denholm on Thursday (May 1) denied a Wall Street Journal report that said board members had reached out to executive search firms to find a...
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
[BENGALURU] The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics...
BYD breaks ground on Cambodia EV plant as part of global expansion
CHINESE carmaker BYD has broken ground on a US$32 million passenger electric vehicle (EV) plant in Cambodia, marking its latest move to localise production as part of a broader...
An investor’s guide to navigating the Australian election
THE outcome of Australia’s tight federal election could be the next catalyst for local assets as a tariff standoff between the US and China continues to rattle markets.
The benchmark...
A month after Trump’s tariff madness, shock waves are still being felt around the world
IF US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his recent actions that have...
A month after Trump’s tariff madness, shockwaves still being felt around the world
If US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his recent actions that have...
