Meta discussed buying Perplexity before investing in Scale
Meta Platforms held discussions with artificial intelligence (AI) search startup Perplexity AI about a possible takeover before moving ahead with a multibillion-dollar investment in Scale…
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buying
Why is GME stock down today? GameStop is betting $500 million on bitcoin, but investors aren’t buying it
GameStop is taking its promised bitcoin investment seriously—$500-million-worth-of-bitcoin serious, in fact. The video game retailer (which has also become a meme stock) announced the…
Japanese gas tanker giant Mitsui OSK sees difficulty buying Chinese vessels
Mitsui OSK Lines, owner of the world’s largest fleet of liquefied natural gas carriers, said it is hard to buy Chinese vessels for the time being as the US ramps up scrutiny of the Asian…
Buying green won’t save the planet: How some companies are bucking the trend of sustainable consumption
An irony of mainstream corporate sustainability efforts is that they focus significantly on the power of consumption. H&M promotes its “Conscious Collection” that uses organic cotton or…
Gold firms on dip buying; US-China trade talks in focus
Gold prices firmed on Friday (May 9), as investors bought bullion following a decline in the previous session, while markets looked ahead to US-China trade talks due this weekend.…
Conservative Catholics back Cardinal Sarah -- but African theologians aren't buying it
Some African theologians are pushing back as Catholic conservatives around the globe rally behind outspoken Cardinal Robert Sarah, casting the Guinea prelate as their ideal pope and a hero…
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their reserves away from the US dollar, according to…
I'm a Dress-Obsessed Fashion Editor—20 of the Chicest I'm Buying From J.Crew's Major One-Day Sale
If there's one thing about me, it's that I love a great dress. It's one of the best things about dressing for the spring and summer months—the one and done piece requires minimal effort…
A Transforming Saks Global Resets the Buying Team
Saks Global, continuing to integrate Saks Fifth Avenue and Neiman Marcus operations and reduce headcount, has formed a “commercial team” of senior-level merchants and fashion executives,…
People say plant-based burgers and nuggets taste just as good as the real thing. So why aren’t they buying them?
Last month, a food research organization called Nectar released an expansive set of findings from taste tests that rated plant-based meat alternatives alongside actual meat. One bit of…
Institutions net buying, Stephen Riady ups OUE stake
[singapore] Over the four trading sessions from Apr 11 to 16, institutions were net buyers of Singapore stocks, with net institutional inflow of S$217 million. This brings the net…
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the ill-gotten gains from his purported nickel trading. Ng, 37,…
Bank of Japan vows to keep tapering bond buying despite rise in yields
THE Bank of Japan (BOJ) will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday (Feb 28), stressing its huge bond…
China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on Friday (Feb 7). China’s gold reserves were 73.45…
Bergdorf Goodman Turns the Street-style Lens on the Fashion and Buying Team
Bergdorf Goodman is turning the street-style lens on the rising new guard of designers and members of the BG team themselves. Friday, the retailer will launch “New York Style,” a content…
YouTube is buying TikTok ads to lure creators before US ban
YOUTUBE is running ads on TikTok targeting the app’s content creators, an effort to lure these valuable users to the Google-owned rival and capitalise on TikTok’s uncertain future. “I…
Unstoppable retail crowd breaks US stock buying record despite rout
THE volatile start to the year has spooked some professional investors but has done little to dowse retail traders’ enthusiasm for the US stock market and the so-called Magnificent 7…
Couple buys house, unprepared for what they find in the attic
A couple were chocked to discover what was left in their loft by the previous owners of their recently purchased home. Mica Grice and her partner got the keys to their home in…
Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices. Alibaba Group Holding announced on Tuesday (Dec 17) that…
China keeps buying US soy in surprise move after Trump’s win
CHINA is continuing to buy US soybeans, confounding some traders who had expected the flow of shipments to slow down ahead of a potential trade war between both countries. A Chinese state…
China tells local funds to stop buying LGFV bonds via Hong Kong link
CHINA has effectively banned domestic investors from buying offshore yuan bonds issued by local government financing vehicles through its trading link with Hong Kong, according to people…
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market. When these shares are cancelled, the bank’s equity…
Will ESR-Logos Reit cash in on buying interest in short-lease hospitality assets?
Even if the price fetched is below the end-2023 valuation, it may be worthwhile for the Reit to strike a deal for its hotel and convention centre next to Expo MRT station PROPERTY…
Arm rebuffed by Intel after inquiring about buying product unit
ARM Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business is not for sale, according to a person with direct…