China’s Baidu launches two new AI models as industry competition heats up Reuters Sun, March 16, 2025 at 2:13 AM UTC 1 min read FILE PHOTO: Illustration picture of AI chatbot Ernie Bot HONG KONG (Reuters) – China’s Baidu said on Sunday it has launched two new artificial intelligence models, the multimodal ERNIE 4.5 and...
A boardroom tussle in February caused shares of City Developments Limited (SGX: C09) to plunge to a 16-year low of S$4.76. This week we made sense of the drama and explored what it could possibly take for Singapore’s largest listed developer to regain its former glory. While many Singaporeans rely on their CPF to save...
Telegram’s Durov allowed to leave France amid probe, AFP reports Reuters Sat, March 15, 2025 at 4:38 PM UTC 1 min read Founder and CEO of Telegram Pavel Durov delivers a keynote speech during the Mobile World Congress in Barcelona PARIS (Reuters) – French authorities have allowed Pavel Durov, the Russian-born founder and CEO of...
Welcome to this week’s edition of top stock market highlights. Singapore Airlines (SGX: C6L) and Salesforce (NYSE: CRM) Singapore Airlines, or SIA, plans to deliver more personalised service by incorporating Salesforce’s solutions within its customer case management system. Salesforce will deploy Agentforce, its artificial intelligence (AI) system that uses autonomous agents to perform specific tasks....
(Reuters) – SpaceX has urged the U.S. to address trade barriers affecting its Starlink satellite communications service in foreign countries, arguing that competitors from abroad face no import costs in the country. The Elon Musk-owned company said that it has to pay foreign governments for access to spectrum, import duties on Starlink equipment and other...
By Jonathan Stempel (Reuters) – Berkshire Hathaway said on Friday longtime Director Ronald Olson will be leaving its board because of a policy change requiring directors, except for Warren Buffett, to step down after turning 80. In a proxy statement for its May 3 annual meeting in Omaha, Nebraska, Berkshire also said its board unanimously...
(Reuters) -All drug manufacturers, including Novo Nordisk and Teva Pharmaceuticals, whose medicines are part of the second round of price talks have agreed to participate in the negotiation process, a federal health agency said on Friday. The price negotiation process was established under former President Joe Biden’s signature Inflation Reduction Act in 2022. The second...
(Reuters) – VanEck filed for an exchange-traded fund on Friday that will track the price of Avalanche’s avax coin, as asset managers seek to capitalize on the growing interest in cryptocurrencies beyond bitcoin. Investment firms are increasingly rolling out new products aimed at investors who are looking for the next breakout token, following bitcoin’s remarkable...
By Brigid Riley TOKYO (Reuters) – The U.S. dollar was broadly firmer on Friday with the euro pulling further away from a five-month peak as markets grappled with escalating global trade tensions and risks of a sharp economic downturn. Sowing more volatility across markets, U.S. President Donald Trump threatened to hit Europe with a 200%...
By Anjana Anil (Reuters) – Gold hit a record high on Friday, as uncertainty over U.S. tariffs and fears of trade tensions propelled prices, along with increased expectations of monetary policy easing by the Federal Reserve. Spot gold eased 0.1% to $2,983.78 an ounce as of 0132 GMT, after hitting a record high of $2,990.09...
