From Meta to Samsung, global tech unleashes spending to chase AI
Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres The world’s largest tech firms show no signs of easing up on…
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Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres The world’s largest tech firms show no signs of easing up on…
IA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI’s…
Indonesia shares are hit by second trading halt after MSCI flags transparency concerns Indonesian shares pared earlier losses on Thursday (Jan 29) to close lower after the authorities…
RHB Bank maintained its “buy” call on ST Engineering while raising its target price to S$10.70 from S$9.40, it said in a note on Thursday (Jan 29). The revised target price represents a…
Investors have historically been anxious about whether the company’s businesses will benefit meaningfully from its hefty AI investments Meta Platforms’ better-than-expected sales…
RALIA’S ASX appointed seven members to its newly constituted advisory group on corporate governance on Thursday, in line with the independent review panel’s recommendations…
Goldman Sachs lowered its rating on Indonesian equities on Thursday, a day after index provider MSCI flagged investability risks, predicting passive selling to continue, and the…
This week, the executive leadership team of Sephora has descended on New York for its first global brand summit, where chief executive officer Guillaume Motte will share his strategic…
Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks. OCBC’s mean target price saw the sharpest revision…
Authentic Brands Group has selected a previous collaborator to hold the fragrance licenses for David Beckham and Nautica. Interparfums Inc. has picked up the licenses for both brands. It…
“The coalition launches amid growing concerns about warrantless entries, unlawful detentions, and coercive enforcement tactics by federal agents, and it’s intended to ensure that…
The company’s vehicle business has been under strain as rivals roll out newer models, often at lower prices Tesla beat Wall Street estimates for fourth-quarter revenue on…
“The coalition launches amid growing concerns about warrantless entries, unlawful detentions, and coercive enforcement tactics by federal agents, and it’s intended to ensure that…
Levi Strauss & Co. is on something of a roll — and Michelle Gass, president and chief executive officer, is looking to keep it going. Organic sales grew by 7 percent to $6.2 billion for…
Sharon Leite is a member of a very exclusive club — chief executive officers who left a company for one reason or another and returned for a second tour of duty. The late Myron Ullman 3rd…
Parfums de Marly is looking to diversify its booming women’s business with its latest launch. The Advent International-owned niche, luxury brand, which has already found success with…
In a presentation that blurred the lines between runway and performance art, RVDK designer Ronald van der Kemp staged an intimate show at Studio Astre, a venue known for fashion…
The US Federal Reserve held interest rates steady on Wednesday, citing still-elevated inflation alongside solid economic growth, and giving little indication in its latest policy…
The Saudi Arabian capital’s rapid transformation shows no signs of slowing down. This time the Saudi Fashion Commission is playing a key role in enhancing Riyadh’s global appeal, as a part…
“The coalition launches amid growing concerns about warrantless entries, unlawful detentions, and coercive enforcement tactics by federal agents, and it’s intended to ensure that…
With the return of Jordan Brand’s ultra-premium Bin 23 line imminent, more details on future releases are beginning to surface. After first-look images of the Air Jordan 6 Retro Bin 23…
“The coalition launches amid growing concerns about warrantless entries, unlawful detentions, and coercive enforcement tactics by federal agents, and it’s intended to ensure that…
MILAN – Kering chief executive officer Luca de Meo is expected to meet Italian unions on Feb. 5 to discuss the future of the Alexander McQueen company in the country. “To reach break even,…
“The coalition launches amid growing concerns about warrantless entries, unlawful detentions, and coercive enforcement tactics by federal agents, and it’s intended to ensure that…