Business
04 Sep, 2026
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Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform
Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for US$12.93 billion. Nvidia CEO Jensen Huang wrote in a blog post on Thursday that more than 18 million developers,…
04 Sep, 2026
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Unemployment claims tick up to 206,000 but remain at historically low levels
More Americans filed for unemployment benefits last week, but lay-offs are still rare and jobless claims remain at historically low levels. The Labor Department reported on Thursday that filings for…
04 Sep, 2026
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Judge orders changes to Google’s digital ads business but spares it from a break-up
A federal judge on Wednesday ordered Google to retool the system powering its monopoly in digital advertising, sparing the company from a wrenching break-up sought by the US government. The initial…
04 Sep, 2026
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Fed’s Waller says central bank’s next rate move depends on upcoming inflation report
US Federal Reserve Governor Christopher Waller said on Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. The…
04 Sep, 2026
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Kaya herb house sales lifted 45 per cent by carnival and IShowSpeed
Kaya Group’s parent company posted a 45 per cent rise in June second-quarter revenue and swung to a quarterly net profit, as the herb houses benefited from travellers, carnival revellers, 4/20…
04 Sep, 2026
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Fox News parts ways with long-time host Maria Bartiromo
Fox News Media announced on Thursday that its host, Maria Bartiromo, is no longer with the company after more than 12 years. “We thank Maria for her work,” a statement read, “and wish her all the best…
03 Sep, 2026
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AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US
Here’s another place the artificial intelligence (AI) frenzy is making itself felt: the market for luxury homes. High-income earners, many of them employees at AI companies, are snapping up…
02 Sep, 2026
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Nearly $6 billion worth of SVL shares remain with major holder
Ian Levy, the third-largest shareholder in Supreme Ventures Limited (SVL), has transferred his direct stake in the company to a holding entity of which he remains the beneficial owner. It forms part…
02 Sep, 2026
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NCB bond offer draws $11.06b, blowing past target by nearly two-thirds
Investment bank, NCB Capital Markets Limited (NCBCM) has closed a bond offer for NCB Financial Group Limited (NCBFG), attracting $11.06 billion in subscriptions against an initial target of $6.80…