Newsfeed – Business News
Kering CEO aims to double profit margins and revive Gucci in sweeping overhaul
De Meo pledges to reignite growth and boost efficiency Plans to scale up jewellery to be less reliant on fashion cycles Aims to reduce and refurbish store network Shares fall […]
EU wants Google to share search data with third‑party engines, including AI chatbots
BRUSSELS, April 16 — The European Commission has proposed that Google allow third-party search engines to access its search data, including that of artificial intelligence chatbots with search functionalities, to […]
Renault aims for seven models and 5pc India market share by 2030, says CEO
NEW DELHI, April 16 — French automaker Renault will have seven models in India by 2030, including battery electric vehicles, as it steps up its product push in the world’s […]
Ringgit firms against US dollar ahead of Malaysia’s 1Q GDP data
KUALA LUMPUR, April 16 — The ringgit rebounded to close higher against the US dollar ahead of the release of Malaysia’s advance gross domestic product (GDP) estimates for the first […]
Bursa Malaysia rebounds on hopes of easing US–Iran tensions
KUALA LUMPUR, April 16 — Bursa Malaysia rebounded from early losses to close higher today supported by a more stable global backdrop amid rising hopes of an easing in United […]
IMF warns of tough global economic times ahead if Middle East war drives oil prices higher
WASHINGTON, April 16 — IMF chief Kristalina Georgieva warned yesterday of difficult times ahead for the global economy if war in the Middle East is unresolved and oil prices […]
Ringgit opens higher as hopes of US-Iran talks ease oil price pressure
KUALA LUMPUR, April 16 — The ringgit opened marginally higher against the US dollar today, supported by optimism that renewed US-Iran talks could ease tensions along key global oil routes. […]
India’s green fuel plans trigger protests as rural India fears water loss and land diversion
Ethanol expansion triggers protests across rural India Farmers fear water loss and land diversion Weak consultation fuels distrust of biofuel projects NEW DELHI, April 16 — Protests are rippling across […]
AI everywhere, data nowhere: Firms race into AI but data access and quality lag, survey shows
KUALA LUMPUR, April 16 — Most organisations still lack the data foundation needed for success despite growing adoption of artificial intelligence (AI), according to Cloudera’s latest global survey examining enterprise […]
Global firms delay IPOs and scrap dividends as Middle East conflict rattles markets
LONDON, April 15 — The Middle East conflict has significantly impacted global financial markets, affected logistics and hindered the supply of raw materials integral to a host of industries. Below is […]