Dec 03, 2023 Last Updated 02:34 AM EST
Slideshows Archives Videos
Subscribe Now

April Kirstin Chua

News

Amazon acquires e-commerce platform Souq.com

Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."

News

New pound coin's hidden security features, problems and availability

The new 12-sided £1 coin comes into circulation on Tuesday with a hidden security feature that would stamp out fraud and counterfeiting.

News

Qatar pushes £5 billion UK investment despite Brexit

Qatar claims that Brexit will have no impact on its investment efforts as the country is looking into the long-term view.

News

American Airlines to buy $200 million worth of shares in China Southern

The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.

News

UK banks face new stress test scenario by the Bank of England

Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.

News

Apple, Facebook join augmented reality glasses race; tech groups bet it could replace smartphone

Apple and Facebook are going up against start-up company Magic Leap and Microsoft's HoloLens in developing a pair of augmented reality glasses that could one day replace the smartphone as the primary computing device for consumers.

News

Starbucks lags behind Dunkin's performance

Wall Street notes many people are starting to buy their drinks at Dunkin' Donuts instead of the popular caffeine company Starbucks. Dunkin' Brands' shares, which houses Dunkin' Donuts, went up 10 percent this year and 25 percent over the past 12 months.

News

Tech analyst notes key factors that could prevent Apple from becoming worth $1 trillion

The Cupertino-based company Apple's value is skyrocketing at the moment. With a valuation worth about three-quarters of a trillion dollars, the company is the best performer among tech companies. But a tech analyst notes three key factors that could prevent Apple from becoming worth $1 trillion.

News

More big brands pull ads from YouTube

The brands told reporters on Thursday that they were pulling either some or all of their ads from Google-partnered websites. This comes after they were being alerted that their ads were still appearing next to extremist videos even after when YouTube has apologized for the matter.

News

Uber suspends self-driving cars operations after Arizona crash

Uber Technologies Inc. is suspending its self-driving cars after one of its autonomous vehicles was involved in an accident in Tempe, Arizona. This is the latest incident from the company that is facing one controversy after the other.

News

Investors pull out from US stock funds

Wall Street has been put on defensive mode ever since Donald Trump became the president of the United States. This led to investors pulling out $8.9 billion from US stock funds that ended on March 22 according to a research conducted by EPFR Global.

News

Samsung Electronics chief apologizes for scandal, rejects calls for company reform

Samsung Electronics chief says sorry for its involvement in the scandal that led to South Korea's president being impeached. It also announced it would not be changing its corporate structure to use a holding company.

News

Tiffany posts strong sales growth in China, appoints new directors

The jewelry retailer's results were consistent with its previously issued guidance for the 2016 fiscal year. Tiffany & Co. names Roger Farah, James Lillie and Francesco Trapani as directors effective last Mar. 6.

News

Toyota plans £240 million investment in Burnaston plant

Japanese automaker Toyota plans to invest £240 million in upgrading its car plant that makes the Auris and Aventis models.

News

Expedia gives board of directors seat to Chelsea Clinton

Travel site Expedia just named Hillary Clinton's daughter, Chelsea Clinton, as a member of its board on Thursday. Clinton will be paid in accordance with the company's standard compensation policies for board members.
123456

Latest Stories

Unwanted Goods? Retailers Turn to "Keep-It" Policies to Curb Rising Return Costs

A number of companies are advising customers not to bother returning items for a refund due to the high expense of processing, repackaging, and trying to resell stuff. Rather, they are stating that you may retain it and still receive a refund.

Saudi Fund Urged to Withdraw from Altman-Backed AI Chip Venture in US

On Thursday, the Biden administration has compelled a venture capital firm supported by Saudi Aramco to sell its stake in a Silicon Valley AI chip business that is supported by Sam Altman, the co-founder of OpenAI.

Biden Administration's Push to Reduce China Reliance May Hinder EV Tax Credits

President Joe Biden's aim of having half of all new passenger vehicles sold in the United States run on electricity by 2030 may be hampered by new restrictions that were announced on Friday.

UK Government Intervenes to Investigate Potential Abu Dhabi Takeover of The Telegraph

The culture and media secretary has stepped in to investigate the Daily Telegraph's sale to a business supported by the royal family of Abu Dhabi.

Nvidia's Secret Weapon? Tiny Singapore Packs a Powerful Chip Punch

When the American chip company Nvidia released its impressive third-quarter earnings last week, industry watchers noted that a sizable portion of its income originated from a single little country.

Must Read

Soccer Star Cristiano Ronaldo Faces $1 Billion Lawsuit for Promoting Binance NFTs

Cristiano Ronaldo, a Portuguese soccer player, is being sued in a class-action lawsuit for his part in pushing to millions of his followers cryptocurrency-related "non-fungible tokens," or NFTs, released by the struggling cryptocurrency exchange Binance.

Tesla's Cybertruck: High Price Could Dampen Enthusiasm for Electric Pickup

The starting price for Tesla's long-delayed Cybertruck is $60,990, which is more than 50% more than what CEO Elon Musk had advertised in 2019 and a price that experts predict would appeal to a privileged few.

Oil Markets Brace for Impact as OPEC+ Announces Production Cuts

The OPEC oil cartel, led by Saudi Arabia and allied producers like Russia, took another huge go at supporting lagging crude prices on Thursday, extending some supply restrictions into next year and pulling in up-and-coming oil provider Brazil.

JPMorgan Acquires Significant Stake in Spanish Defense Contractor Indra

JPMorgan purchased a 10.6% stake in Spanish defense systems producer Indra (IDR.MC), according to the stock exchange regulator on Thursday.

GM Boosts Shareholder Returns Amidst Labor Challenges

On Wednesday, General Motors unveiled a major stock buyback program, doubled its dividend, and informed investors that it can withstand additional labor costs from a six-week autoworkers strike.

Stay Connected with Money Times

` `
Real Time Analytics