Entrepreneurship

Nvidia CEO praises Trump move to scrap some AI export curbs
[ad_1] [TAIPEI] US export controls on artificial intelligence (AI) chips to China were “a failure” as they have cost American companies billions of US dollars in lost sales, Nvidia chief...
Temasek’s SeaTown to invest up to S$115 million in Singapore healthcare firm AddVita
[ad_1] [SINGAPORE] SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (May 21) it is committing up to S$115 million in Singapore healthcare and life sciences firm...
SingPost names Teo Swee Lian as chairman-designate; Simon Israel to retire after 9 years at helm
[ad_1] She will assume the role at the conclusion of the postal services provider’s next annual general meeting[SINGAPORE] Singapore Post (SingPost) has appointed Teo Swee Lian, 65, to the board...
PwC launches AI hub in Singapore with over US$4 million commitment
[ad_1] [SINGAPORE] PwC launched an artificial intelligence (AI) hub in Singapore on Wednesday (May 21), committing more than US$4 million over a three-year period. This venture is also supported by...
CapitaLand Investment launches 5 billion yuan China fund
[ad_1] [SINGAPORE] CapitaLand Investment (CLI) on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund, with a total equity commitment...
Westpac to cut 1,500 jobs, simplify operations: report
[ad_1] The company says it regularly adjusts its workforce based on shifting investment prioritiesPublished Wed, May 21, 2025 · 07:44 AM[BENGALURU] Westpac Banking Corp (Westpac) is planning to cut more...
Chanel profit tumbles as luxury industry downturn hits sales
[ad_1] [PARIS] Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit...
Europe: Shares close near nine-week high, powered by utility, telecom stocks
[ad_1] [BENGALURU] European stocks closed at near nine-week highs on Tuesday (May 20) with utilities and telecom firms leading gains, while some positive corporate earnings also bolstered sentiment.The pan-European Stoxx...
Musk will reduce political spending, committed to being Tesla CEO in 5 years’ time
[ad_1] [DOHA] Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla’s CEO for another five years, aiming to address concerns about...
You’ve Been Writing Emails Wrong This Whole Time (Here’s the Simple Fix)
[ad_1] I’ve noticed a strange phenomenon in business communication. When people sit down to write an email, they suddenly transform into formal, academic writers crafting five-paragraph essays complete with thesis...
UBS to open Abu Dhabi office as more clients move to Mideast
[ad_1] Abu Dhabi has emerged as a magnet for the world’s wealthiest people over the past few yearsPublished Tue, May 20, 2025 · 10:07 PM[ABU DHABI] UBS Group is opening...
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
[ad_1] [SINGAPORE] Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar...