Newsfeed – Business News
Football vs Wall Street: Inside the fight for the World Cup’s soul
LONDON, Aug 9 — What does artificial intelligence (AI) have to do with the World Cup? Quite a lot, according to the tech investors who were prepared to put billions […]
China’s consumer, factory prices slow as deflation pressure persists
BEIJING, Aug 9 — China’s consumer and factory prices grew slower than expected last month, official data showed Sunday, as the world’s second-largest economy confronts persistent deflationary pressure. The consumer […]
Scorching temperatures cook South Korea’s vegetable and fish supplies
SEOUL, Aug 9 — Prices of agricultural goods in South Korea have spiked as the country grapples with a severe heat wave, Yonhap news agency reported industry data showed Sunday. […]
Amazon behind massive private gas plant for new data centres
WASHINGTON, Aug 8 — Amazon confirmed yesterday it is financing a massive, private gas power plant in Texas that could become the single largest source of greenhouse gas emissions in the […]
Proton e.MAS hits 30,000 registrations as Malaysia’s EV push gathers pace
SUBANG JAYA, Aug 7 — Proton e.MAS says it has become the fastest automotive brand in Malaysia to surpass 30,000 electrified vehicle (xEV) registrations, reaching 31,504 units just 20 months […]
Odds are against you as Sri Lanka blocks nearly 100 more betting sites
COLUMBO, Aug 7 — Sri Lanka has added nearly 100 more online betting sites to its growing blacklist as authorities widen a crackdown on unauthorised gambling, the Digital Economy Ministry […]
Airbnb’s income jumps as holiday rentals boom and World Cup listings surge
WASHINGTON, Aug 7 — Online holiday rental platform Airbnb recorded higher income in the second quarter, the company said on Thursday, reported German Press Agency (dpa). The company’s earnings totalled […]
China’s trade machine roars back in July as AI demand lifts exports
BEIJING, Aug 7 — Chinese exports and imports soared in July, official data showed Friday, as the manufacturing powerhouse benefits from a global AI boom lifting overseas demand for its […]
Ringgit edges higher at market open, but Hormuz tensions keep gains in check
KUALA LUMPUR, Aug 7 — The ringgit opened mostly higher against other major currencies, and was almost unchanged versus the US dollar, as escalating global tensions capped gains in the […]
Oil rally resumes as Hormuz uncertainty weighs on global markets
NEW YORK, Aug 7 — Oil prices barreled higher again Thursday, extending their volatile run, while global stock markets had a mixed day ahead of key US employment data. With […]