Entrepreneurship
Starbucks sheds more than 100 jobs as it wraps up restructuring
The cuts include roles within the team that oversees the design and construction of its storesPublished Thu, Aug 20, 2026 · 11:29 PM[WASHINGTON] Starbucks eliminated 104 roles as part...
Oil prices settle near 4-week high as Middle East crisis escalates
Published Thu, Aug 20, 2026 · 06:03 AM[HOUSTON] Crude oil prices rose on Wednesday (Aug 19) and settled at the highest in nearly four weeks, as investors worried about escalating tensions...
Australia executes search warrant on WiseTech for documents, shares skid 12%
Its stock has lost nearly 70% of its value since allegations about former chief Richard White’s personal life first emergedPublished Wed, Aug 19, 2026 · 11:30 AMAUSTRALIA’S competition regulator...
Revolut sets sights on Australia’s cut-throat mortgage market
Fintech wins Australian banking licence in July, its first in Asia-Pacific; it has launched savings accounts and credit cardsPublished Tue, Aug 18, 2026 · 03:41 PM[SYDNEY] European fintech Revolut...
Nvidia to invest US$1.5 billion in SB Energy under OpenAI data centre deal
Published Mon, Aug 17, 2026 · 10:59 PM[NEW YORK] Nvidia will invest US$1.5 billion in SoftBank-backed SB Energy and secure up to 8 gigawatts of AI computing capacity at...
Crypto wallet provider SafePal discloses data breach affecting nearly 40,000 users’ order information
Published Mon, Aug 17, 2026 · 05:54 AMCRYPTOCURRENCY wallet provider SafePal on Sunday (Aug 16) disclosed a data breach that involved unauthorised access to about 39,798 customers’ order information,...
‘Full of confidence’ in South-east Asia: Cosco Shipping eyes investments in Malaysia, Vietnam and Indonesia to power growth
The logistics player bets on regional presence amid manufacturing growth and Chinese trade flows[SINGAPORE] Mainboard-listed Cosco Shipping International (Singapore) is looking to South-east Asia for growth, betting that rising...
Nvidia has US$21 billion SpaceX stake, US$30 billion in Intel shares
Published Sat, Aug 15, 2026 · 03:52 PM[SAN FRANCISCO] Nvidia on Friday (Aug 14) disclosed a nearly US$21 billion stake in Elon Musk’s SpaceX and a US$30 billion one...
OUE dips into the red with S$114.6 million loss for H1
This is mainly from a S$47 million impairment linked to an associate affected by China’s property downturn[SINGAPORE] Real estate and healthcare group OUE swung into the red for the...
Oil settles down 2% on weak demand outlook, hefty US crude build
Opec lowered its world oil demand growth forecast for 2026 to 580,000 barrels per dayPublished Fri, Aug 14, 2026 · 06:04 AM[NEW YORK] Oil settled down more than 2 per cent on...
Stoneweg Europe Stapled Trust evaluates management internalisation, posts 1.4% rise in H1 DPS to 0.06642 euro
NPI growth in its logistics and light industrial segments among reasons for DPS increase[SINGAPORE] Stoneweg Europe Stapled Trust (Sert) is evaluating a potential internalisation of its managers, it announced...
