Newsfeed – Business News
OpenAI soap opera plays out in court as Musk accuses ‘Scam Altman’ of ‘looting charities’
OAKLAND, April 29 — Billionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company’s altruistic origins, in a trial that […]
UAE quits Opec, Opec+ after protesting lack of protection from Iran attacks
DUBAI, April 28 — The United Arab Emirates said today it was quitting Opec and Opec+, dealing a heavy blow to the oil exporting groups and their de facto leader, […]
Ringgit closes higher against major, regional currencies
KUALA LUMPUR, April 28 — The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices. […]
Oil surges past US$110, global markets shaken as Trump snubs latest Iran proposal
SINGAPORE, April 28 — Stocks held their ground and oil rose on Tuesday as investors weighed the stalemate in the Iran conflict, while the yen was steady after a hawkish […]
Yen jumps as ‘shocking’ Bank of Japan split vote signals June rate hike
SINGAPORE, April 28 — The yen firmed on Tuesday after the Bank of Japan held interest rates steady in a split vote, the first decision in a busy week for […]
Australia unveils 2.25pc revenue tax on Meta, Google, TikTok over news payment refusal
SYDNEY, April 28 — Australia unveiled draft laws on Tuesday that would tax tech giants Meta, Google and TikTok unless they voluntarily strike deals to pay local outlets for news. […]
Australia to charge Meta, Google and TikTok if they refuse to pay local news outlets
SYDNEY, April 28 — Australia unveiled draft laws on Tuesday that will charge tech giants Meta, Google and TikTok unless they voluntarily strike deals to pay local outlets for news. […]
Malaysia ringgit still treading water against US dollar but gains on baht, yen
KUALA LUMPUR, April 28 — The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market. The domestic unit, […]
Data centre fever gives Bursa Malaysia a green start
KUALA LUMPUR, April 28 — Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, […]
Elon Musk vs Sam Altman: Stage all set for ultimate AI techbro court showdown
OAKLAND, April 28 — Elon Musk’s courtroom showdown with Sam Altman got underway here Monday with the selection of jurors entrusted to decide whether the co-founders of OpenAI betrayed a […]