Thursday, 18 October 2018

Alibaba’s Jack Ma to open institute for tech entrepreneurs in Indonesia

NUSA DUA, INDONESIA Jack Ma, executive chairman of China’s Alibaba Group Holding, said on Saturday he plans to open an institute to train thousands of...

Singapore Airlines to boost US presence with world’s longest flight

SINGAPORE Singapore Airlines is poised for a major boost to its US footprint from Thursday evening as it resumes, after five years, the world’s longest...

Apple gets critical iPhone technology in US$600 million Dialog deal

SAN FRANCISCO / FRANKFURT Apple is buying the power-management technology at the heart of its iPhones in a US$600 million deal with Dialog Semiconductor that...

Cryptocurrency theft hits nearly US$1 billion in first nine months: report

NEW YORK Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to US$927 million in the first nine months of the year, up...

Google unveils new Pixel phone, adds tablet in Apple challenge

SAN FRANCISCO Alphabet Inc’s Google on Tuesday unveiled the third edition of its Pixel smartphone, a Google Home smart speaker with a display and...

Microsoft to invest in Southeast Asian ride-hailing firm Grab

SINGAPORE Microsoft Corp is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to...

Chickens and eggs: Retailer Carrefour adopts blockchain to track fresh produce

LONDON Europe’s largest retailer Carrefour has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores,...

SoftBank deepening ties to Grab with US$500 million funding

SINGAPORE/JAKARTA SoftBank Group is closing in on a deal to invest about US$500 million in Grab as part of roughly US$1 billion that Southeast Asia’s...

A decade of US economic sluggishness may have just snapped back to normal

WASHINGTON For a solid decade after the collapse of Lehman Brothers touched off a global financial crisis, there was good reason to think the US...

Cryptocurrency ATMs coming to Argentina to exploit peso volatility

BUENOS AIRES Argentina could get up to 30 automated teller machines that buy and sell bitcoin by the end of the year, industry representatives said,...

US services sector activity hits 21-year high; hiring accelerates

WASHINGTON US services sector activity raced to a 21-year high in September and companies boosted hiring, signs of enduring strength in the economy at the...

Amazon raises minimum wage to $15, urges rivals to follow

USA Amazon.com said on Tuesday it would raise its minimum wage to US$15 per hour for US employees from next month, giving in to critics...
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