Culture
China’s Premier Li proposes global AI cooperation organisation
[SHANGHAI] Chinese Premier Li Qiang on Saturday (Jul 26) proposed establishing an organisation to foster global cooperation on artificial intelligence (AI), calling on countries to coordinate on the development...
American Airlines’ new Airbus jet grounded by supply chain issue
The aircraft is part of American’s plan to increase its long-haul fleet to 200 in 2029 from about 125 todayPublished Sat, Jul 26, 2025 · 11:47 AM[TEXAS] American Airlines...
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of monthsPublished Sat, Jul 26, 2025 · 09:48 AM[LONDON] HSBC Holdings...
Kia aims to win US market share as tariffs force rivals to pull back
[SEOUL] South Korea’s Kia Corp said on Friday (Jul 25) that it aims to increase its US sales and market share in the second half, driven by sales of...
LVMH in talks to offload fashion label Marc Jacobs: sources
[NEW YORK] French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, sources familiar with the matter told Reuters on Friday...
Tesla gets multiple shareholder proposals related to investment in xAI
Published Sat, Jul 26, 2025 · 07:52 AM[BENGALURU] Tesla said on Friday (Jul 25) it had received a number of shareholder proposals regarding the company’s plan to invest in...
Intel to separate networking unit as new CEO Tan overhauls business
The CEO has been given the challenge of revitalising the chipmaker after years of missteps and high-capital manufacturing strategies led to growing lossesPublished Sat, Jul 26, 2025 · 07:20...
US dollar set for worst week this month as trade deadline nears
[NEW YORK] The US dollar is wrapping its worst week in July as US President Donald Trump amps up his calls for interest-rate cuts amid a looming deadline for...
Oil prices dip to settle at three-week low on US and China economic concerns
[NEW YORK] Oil prices eased on Friday (Jul 25) and settled at a three-week low as traders worried about negative economic news from the US and China and signs...
Europe: Shares settle lower as investors gauge mixed earnings, EU-US trade progress
[BENGALURU] European shares closed lower on Friday (Jul 25), as investors assessed mixed corporate earnings while awaiting updates on a framework of an EU-US trade deal that officials said...
