Entrepreneurship
Trump-linked World Liberty Financial seeks license to launch trust bank
[ad_1] The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch[BENGALURU] World Liberty Financial, a crypto venture backed by the family...
Samsung expects record Q4 operating profit, beating expectations
[ad_1] [SEOUL] Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’ estimates as tight supply and a surge in...
Jefferies takes US$30 million hit on First Brands as profit drops
[ad_1] [NEW YORK] Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands...
Oil falls after Trump reveals plan for Venezuelan oil
[ad_1] [NEW YORK] Oil prices fell on Wednesday as US President Donald Trump’s plan to refine and sell Venezuelan crude oil raised concerns about the long-term impact of US actions.US data on Wednesday showed...
European stocks cool as traders assess Venezuela fallout, economic data
[ad_1] EUROPEAN stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest US-Venezuela developments and sifted through a fresh batch of economic...
Chinese AI server leader xFusion hires investment bank in first step towards listing
[ad_1] The Chinese authorities have fast-tracked IPOs in the AI and chipmaking sectors due to US’ curbs on high-tech exports[SHANGHAI] China’s leading artificial intelligence (AI) server provider xFusion has hired...
Chinese refiners expected to replace Venezuelan oil with Iranian crude
[ad_1] Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels[SINGAPORE] Chinese independent refiners are expected to switch to heavy crude...
Oil falls after Trump says Venezuela will supply to US
[ad_1] [LONDON] Oil prices fell on Wednesday (Jan 7) after President Donald Trump said the United States had reached a deal to import up to US$2 billion worth of Venezuelan...
Warner Bros rejects revised Paramount bid, sticks with Netflix
[ad_1] The offer hinges on ‘extraordinary amount of debt financing’ that heightens risk of closing, the board tells shareholders[LOS ANGELES] Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s...
Xiaomi begins pre-orders for spruced up version of SU7 sedan
[ad_1] The announcement comes as it faces increased public criticism over safety standards, following a number of accidents[BEIJING] China’s Xiaomi began taking pre-orders on Wednesday (Jan 7) for an upgraded...
ComfortDelGro, Grab, Strides extend help to drivers in a jam amid Autobahn car repossessions
[ad_1] [SINGAPORE] ComfortDelGro (CDG), Grab and Strides Premier are offering their vehicles on favourable terms to private-hire car drivers whose vehicles were repossessed by creditors of Autobahn Rent A Car.All...
