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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Median CEO Pay Package Rose to $14.7 Million in 2021, a New High

Business, Published on 17/05/2022

» The median pay package for chief executives of the biggest U.S. companies reached $14.7 million in 2021, setting a sixth-straight annual record as strong profits and robust markets boosted performance measures.

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BUSINESS

Oracle Targets the Health Cloud With $28.3 Billion Bid for Cerner

Business, Published on 22/12/2021

» Oracle Corp. on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner Corp. that vaults the business-software giant deeper into healthcare technology.

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BUSINESS

Elon Musk, Other Leaders Sell Stock at Historic Levels as Market Soars, Tax Changes Loom

Business, Published on 11/12/2021

» Company founders and leaders are unloading their stock at historic levels, with some selling shares in their businesses for the first time in years, amid soaring market valuations and ahead of possible changes in U.S. and some state tax laws.

BUSINESS

Discord Ends Deal Talks With Microsoft

Business, Published on 22/04/2021

» Chat startup Discord Inc. has halted talks to sell itself to potential suitors including Microsoft Corp., according to people familiar with the matter, as it resumes interest in a potential initial public offering down the line.

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BUSINESS

Microsoft Deepens Health-Tech Push With $16 Billion Deal for Nuance

Business, Published on 14/04/2021

» Microsoft Corp. has agreed to buy artificial intelligence company Nuance Communications Inc. for $16 billion, extending chief executive Satya Nadella's run of big acquisitions to accelerate growth in everything from healthcare to videogaming.

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BUSINESS

Gartner urges businesses to adopt digital dragon strategy

Business, Suchit Leesa-nguansuk, Published on 04/03/2020

» In the face of tough competition from giant digital powerhouses that are venturing into non-tech sectors, so-called digital dragon players, businesses may have to consider aligning with them to stay afloat, according to global research firm Gartner Inc.

BUSINESS

SET up 0.2%, global markets cringe over trade war fears

Business, Published on 03/03/2018

» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.

BUSINESS

How innovation affects financial performance

Business, Detlef Reis, Published on 17/08/2017

» Does innovation really deliver tangible financial results to a company? Do investments in innovation yield a positive return? Does innovation pay? And if yes, how much positive impact does it have on financial performance?

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BUSINESS

'Superman' Li edges toward retirement

Business, Bloomberg News, Published on 21/06/2017

» Hong Kong: Victor Li's moment may have finally arrived.