Newsfeed – Business News
Asian stocks slide as AI spending fears deepen, oil rebounds on Iran strike report
HONG KONG, Nov 3 — Asian stock markets struggled Tuesday following another AI-fuelled tech selloff on Wall Street that overshadowed a possible breakthrough in talks to end the Middle East […]
Nvidia tells data centre partners to curb business with Chinese clients, FT reports
SAN FRANCISCO, Nov 3 — US chipmaking giant Nvidia is ordering its data centre partners to scale back work with Chinese customers, the Financial Times reported on Tuesday. Nvidia’s cloud […]
Lufthansa faces €2b jump in 2026 fuel bill as Iran war drives up costs
FRANKFURT, Nov 3 — German airline giant Lufthansa said Tuesday it expects its 2026 fuel costs to be €2 billion (RM9.12 billion) higher than last year as the Iran war […]
Saudi Aramco profit jumps 35pc as war in West Asia drives oil prices higher
RIYADH, Nov 3 — Saudi oil giant Aramco on Tuesday announced a 34.6 per cent surge in third-quarter net profit, as the Middle East war keeps crude prices soaring while […]
Anthropic revenue jumps 1,100pc as AI giant prepares for IPO
WASHINGTON, Nov 3 — Anthropic, one of the world’s leading artificial intelligence companies, on Monday reported a more than 1,100 per cent surge in quarterly revenue and nearly US$900 billion […]
Bursa Malaysia edges higher after choppy start as investors weigh mixed Wall Street cues
KUALA LUMPUR, Nov 3 — Bursa Malaysia’s key index saw choppy trading in the opening minutes, hovering between positive and negative territory before edging higher, in line with the mixed […]
Apple tops sales and profit forecasts but flags AI costs ahead of holiday sales
SAN FRANCISCO, Nov 3 — Apple exceeded analysts’ expectations for its latest results on Monday when the iPhone-maker said it notched a “revenue record” for the July-September quarter, driven by […]
Ringgit edges higher as US-Iran talks fuel hopes of Hormuz reopening
KUALA LUMPUR, Nov 3 — The ringgit opened marginally higher against the US dollar on Tuesday amid signs of progress in diplomatic talks between Washington and Tehran. At 8am, the […]
Oil prices sink on US-Iran war hope ahead of midterms
LONDON, Nov 2 — Oil prices sank more than four per cent Monday as a report that Donald Trump wanted to negotiate with Iran raised hope of ending the Middle […]
Ryanair to freeze wages, hike fares as fuel prices soar
LONDON, Nov 2 — Irish no-frills airline Ryanair said Monday it would launch a cost-cutting drive and hike fares next year to help offset the impact of soaring jet fuel […]