Posts by Shopie More
HSBC not exposed to the collapse of scandal-hit First Brands Group
[LONDON] HSBC Holdings is not exposed to the collapse of scandal-hit auto-parts supplier First Brands Group, whose bankruptcy has left some of the biggest players on Wall Street facing hundreds of millions of US dollars in potential losses. “We were not involved directly in First Brands and don’t know how much due diligence was done,”…
Read MorePersistence: The Only True Difference Between Success and Failure
Success isn’t complicated. After years of building businesses and mentoring entrepreneurs, I’ve collected plenty of advice, but the most powerful insight came from an unexpected source: Seth Rogen. His observation cuts through all the noise about success strategies: “The difference between people who make it and people who don’t is the people who made it…
Read MoreQ&M proposes to buy interest in dental group in Thailand
Purchase consideration will be satisfied by a combination of cash and new ordinary shares [SINGAPORE] Q&M Dental Group is proposing to acquire equity interest in a dental group in Thailand, the company said in a bourse filing on Wednesday (Oct 15). The group operates one of Thailand’s largest privately owned dental clinic networks, with more than 30 clinics across the country. These are located primarily…
Read MoreIMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July [WASHINGTON] The International Monetary Fund warned that the global economy is showing signs of strains from sweeping US tariffs and protectionism – even though it has held up better than expected. The global economy is expected to grow…
Read MoreIndonesia considers further liquidity injection for state banks
Finance minister says government still assessing impact of 200 trillion rupiah liquidity boost for state banks [JAKARTA] Indonesia is considering injecting more liquidity into the country’s state banks, its finance minister said on Monday (Oct 13) after a meeting with economists, bankers and brokerage executives. Purbaya Yudhi Sadewa did not specify the amount, adding that…
Read MoreSip the Energy of Nature: Yerba Magic Expands Its Yerba Mate Range
There’s a reason so many morning routines start with a shaker bottle now. People want something quick that’s still healthy, which is where Yerba Magic steps in. Their peach mango blend brings a sunny fruit profile to classic yerba mate, landing somewhere between iced tea and light spritz. It tastes bright rather than sugary, and…
Read MoreInstant IP Strategies for Inventors to Prevent Intellectual Property Risk
To create a new invention is a significant accomplishment, but such achievements are often swept aside by a lack of intellectual property (IP) protections. Inventors tend to rush the build, pitch, and publishing process, exposing their original concept to risk. The lack of a protection strategy opens new inventions to the risk of IP theft,…
Read MoreApple sued over use of copyrighted books to train Apple Intelligence
A separate group of authors sue the company last month for allegedly misusing their work in artificial intelligence training APPLE was hit with a lawsuit in California federal court by a pair of neuroscientists who say that the tech company misused thousands of copyrighted books to train its Apple Intelligence artificial intelligence model. Susana Martinez-Conde…
Read MoreUS: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for fresh clues on the economy. The Dow Jones Industrial Average rose 36.5 points, or 0.08 per cent, to 46,394.88 at the open. The S&P 500 rose…
Read MoreTesla’s China shipments rise at start of busy sales season
The carmaker shipped 90,812 units from the plant last month, up 2.8% from a year earlier SHIPMENTS from Tesla’s Shanghai factory increased in September as China’s car market kicks off its busy sales period and automakers start their final push to meet annual targets. The carmaker shipped 90,812 units from the plant last month, up…
Read MoreGold’s record run creates new rulebooks for investors
Its soaring run comes as investors bet heavily on US rate cuts and concern grows about the greenback’s role as the world’s top reserve currency [LONDON] Investors are testing well-established views about gold, which is surging to new records, as an artificial-intelligence-driven stocks rally and red-hot Bitcoin force a rethink of what is driving one…
Read MoreTata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
[MUMBAI] Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial intelligence reshape the country’s US$280 billion IT services sector. India’s biggest private-sector employer cut 19,755 employees in the quarter ended Sep 30, according to the company’s quarterly earnings presentation. That number includes staff…
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