Entrepreneurship

Brookfield makes US$1.7 billion bet on power needs by AI, data
[ad_1] BROOKFIELD Asset Management agreed to spend US$1.7 billion in a deal to expand its US onshore renewables business as the company bets there will be increasing demand for electricity...
Zoom issues dour revenue forecasts as demand slows
[ad_1] ZOOM Communications forecast revenue for the full year and the first quarter below Wall Street estimates on Monday as the company navigates an environment where employers are gradually moving...
Chevron reorganises business structure, reshuffles leadership
[ad_1] CHEVRON said on Monday it would reorganise some of its business structures and reshuffle the leadership team, the latest move by the US energy major to simplify its operations.The...
Tesla deploys long-awaited FSD features to drivers in China
[ad_1] TESLA has started rolling out a software update for customers in China that enables driver-assistance capabilities similar to those marketed as Full Self-Driving (FSD) in the US. The update, which...
Unveiling the Secrets of Wealth Preservation and Management
[ad_1] Wealth isn’t just about numbers on a screen or balances in a bank account. It’s a testament to your hard work, strategic decisions, and, often, the legacy you aim...
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
[ad_1] STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the company. The cuts represent about 7 per cent of the...
Yangzijiang Financial H2 earnings soars to S$197.3 million 
[ad_1] INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about five times from S$39.3 million...
Apple plans Texas factory for AI servers, 20,000 research jobs
[ad_1] APPLE on Monday (Feb 24) said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,000...
Singapore shares slide on Monday after MAS unveils stock market measures; STI down 0.1%
[ad_1] Across the broader market, gainers beat losers 298 to 286 as 1.4 billion securities worth S$1.7 billion change hands SINGAPORE equities were marginally lower at the end of the...
Chinese firms dump Europe for Hong Kong to raise funds
[ad_1] CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator tightened some rules, pushing many issuers to sell shares in Hong Kong...
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
[ad_1] A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company Zuora.Shareholders of the Silicon Valley-based firm approved the all-cash deal...
Cloud Hosting: What Your IT Guy Won’t Tell You
[ad_1] Cloud hosting is everywhere these days, and it’s often marketed as the ultimate solution for businesses. But is it the silver bullet it claims to be? While it offers...