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Business

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Microsoft cuts 4,800 jobs and overhauls Xbox division to reduce costs

Microsoft cuts 4,800 jobs and overhauls Xbox division to reduce costs

Microsoft is eliminating thousands of roles and divesting several game studios as part of a major overhaul to address falling margins and a shifting tech landscape.

Business ·7 Jul 2026, 13:02 ·Priya Raman 3 min read
Novartis to Buy Myricx Bio for Up to $1.5 Billion

Novartis to Buy Myricx Bio for Up to $1.5 Billion

Novartis has agreed to acquire UK-based Myricx Bio to integrate its first-in-class antibody-drug conjugate technology into its oncology portfolio.

Business ·6 Jul 2026, 17:04 ·Priya Raman 3 min read
Nvidia Supplier Hon Hai Reports Surging Sales on Solid AI Demand

Nvidia Supplier Hon Hai Reports Surging Sales on Solid AI Demand

Hon Hai's quarterly revenue surpassed analyst expectations as AI infrastructure orders offset declines in consumer electronics. The company is ramping up production to meet escalating demand.

Business ·6 Jul 2026, 14:04 ·Priya Raman 3 min read
Aperia Group CEO charged with laundering S$38 million in bungalow purchase

Aperia Group CEO charged with laundering S$38 million in bungalow purchase

The CEO and executives of Aperia Group face charges for laundering millions of dollars allegedly linked to a scheme bypassing US export controls on AI chips.

Business ·6 Jul 2026, 07:05 ·Priya Raman 3 min read
Motul, Winpart by CFAO, Energyswitch partner to expand access to premium lubricants

Motul, Winpart by CFAO, Energyswitch partner to expand access to premium lubricants

Motul, Winpart by CFAO, and Energyswitch have formed a strategic partnership to establish verified retail channels for genuine automotive lubricants in Nigeria.

Business ·6 Jul 2026, 03:02 ·Priya Raman 2 min read
Veterinary expert identifies best and worst locations for cat litter boxes

Veterinary expert identifies best and worst locations for cat litter boxes

Veterinary medical advisor Rebecca Greenstein explains that optimal litter box placement reduces feline stress and helps prevent potential health issues.

Business ·5 Jul 2026, 18:01 ·Priya Raman 2 min read
Northern California drive-in restaurants see resurgence in popularity

Northern California drive-in restaurants see resurgence in popularity

Northern California’s historic drive-in restaurants are experiencing a resurgence as diners embrace classic architecture, carhop service, and comfort food. From Bay Area icons to mountain road stops, these roadside landmarks remain popular in the modern culinary landscape.

Business ·5 Jul 2026, 17:04 ·Priya Raman 3 min read
Australia property auction clearance rates remain below fifty percent

Australia property auction clearance rates remain below fifty percent

National auction clearance rates remain below the 50 percent threshold as a disconnect between buyer and seller expectations leads to a property slump. Industry experts cite interest rate rises and federal tax changes as primary drivers for the sustained market downturn.

Business ·5 Jul 2026, 11:01 ·Priya Raman 3 min read
Singapore Cruise Centre opens July 7

Singapore Cruise Centre opens July 7

Singapore Cruise Centre opens July 7

Business ·5 Jul 2026, 06:03 ·Priya Raman 2 min read
National Lottery results: Winning Lotto and Thunderball numbers for Saturday 4 July

National Lottery results: Winning Lotto and Thunderball numbers for Saturday 4 July

National Lottery results: Winning Lotto and Thunderball numbers for Saturday 4 July

Business ·5 Jul 2026, 05:01 ·Priya Raman 3 min read
Pinterest and The Knot report rise in alternative and Gen Z wedding trends

Pinterest and The Knot report rise in alternative and Gen Z wedding trends

Gen Z is blending unconventional styles and AI technology with a return to some classic wedding traditions.

Business ·4 Jul 2026, 13:05 ·Priya Raman 4 min read
Kia and Hyundai share interchangeable parts due to common ownership

Kia and Hyundai share interchangeable parts due to common ownership

Many Kia and Hyundai vehicles use identical engines and transmissions, allowing owners to potentially lower repair costs by sourcing interchangeable parts.

Business ·4 Jul 2026, 09:02 ·Priya Raman 3 min read
Central govt notifies Employees’ Provident Fund Scheme 2026

Central govt notifies Employees’ Provident Fund Scheme 2026

The Employees' Provident Fund Scheme 2026 replaces the 1952 framework to improve administrative efficiency and align with the Code on Social Security, 2020.

Business ·3 Jul 2026, 15:06 ·Priya Raman 4 min read
Data of 70,000 people compromised in cybersecurity incident involving SLA’s vendor IBM

Data of 70,000 people compromised in cybersecurity incident involving SLA’s vendor IBM

The Singapore Land Authority is investigating a data breach involving IBM that exposed the NRIC numbers, names, and past property addresses of approximately 70,000 people.

Business ·3 Jul 2026, 09:02 ·Priya Raman 2 min read
Carney backs West Coast pipeline in win for Alberta and oil industry

Carney backs West Coast pipeline in win for Alberta and oil industry

Prime Minister Mark Carney and Alberta Premier Danielle Smith have announced a climate and energy agreement paving the way for a new oil pipeline to the West Coast.

Business ·3 Jul 2026, 07:01 ·Priya Raman 4 min read
OpenAI in early talks to give 5% stake to US government

OpenAI in early talks to give 5% stake to US government

OpenAI is discussing a proposal to give the U.S. government a 5% equity stake, a model inspired by the Alaska Permanent Fund.

Business ·2 Jul 2026, 23:02 ·Priya Raman 3 min read
US economy added jobs at a slower pace than expected in June

US economy added jobs at a slower pace than expected in June

June payroll growth fell significantly short of expectations, signaling a cautious business outlook despite a slight dip in the unemployment rate.

Business ·2 Jul 2026, 17:09 ·Priya Raman 4 min read
OpenAI proposes giving US government 5% stake to ease AI tensions

OpenAI proposes giving US government 5% stake to ease AI tensions

CEO Sam Altman has proposed granting the US government a 5% ownership stake in OpenAI as part of a broader conceptual model involving other AI firms.

Business ·2 Jul 2026, 13:00 ·Priya Raman 3 min read
Luxury brands woo top clients with lavish trips

Luxury brands woo top clients with lavish trips

Luxury brands woo top clients with lavish trips

Business ·2 Jul 2026, 12:01 ·Priya Raman 2 min read
Asian shares fall as chipmakers drag; US jobs data looms

Asian shares fall as chipmakers drag; US jobs data looms

Asian shares fall as chipmakers drag; US jobs data looms

Business ·2 Jul 2026, 09:07 ·Priya Raman 2 min read