Business

Nvidia invests US$2 billion more in CoreWeave, offers new chip

The world’s most valuable company has pledged tens of billions of US dollars towards AI companies [WASHINGTON] Nvidia, the dominant maker of artificial intelligence (AI) chips, invested an additional US$2…

Chevron amasses largest fleet in almost a year to ship Venezuelan oil

The US has also enlisted traders Trafigura Group and Vitol Group to help sell as much as 50 million barrels of oil Published Tue, Jan 27, 2026 · 07:28 AM…

Morgan Stanley wants more from MUFG ties to be top in Japan

The two banks’ partnership dates back to the height of the global financial crisis almost two decades ago Published Tue, Jan 27, 2026 · 07:11 AM [TOKYO] Morgan Stanley plans…

New Airbus commercial CEO signals production focus, backs bigger A220

Published Tue, Jan 27, 2026 · 07:01 AM [DUBLIN] The new CEO of Airbus’ jet division pledged on Monday to focus on increasing production of models including the A350 wide-body…

AI is changing banking jobs, forcing a rethink of skills: UOB’s innovation head

Lenders must ensure employees can adapt to technology in a ‘comfortable’ way, Lee Zhu Kuang says [SINGAPORE] Lee Zhu Kuang describes himself as a “deeply curious person”. “I like to…

Nike slashes 775 jobs in US to speed up automation, boost profit

Published Tue, Jan 27, 2026 · 06:44 AM NIKE is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to…

Microsoft’s latest AI chip to reduce reliance on Nvidia

The Maia 200 chip is being produced by Taiwan Semiconductor Manufacturing Company Published Tue, Jan 27, 2026 · 06:25 AM [WASHINGTON] Microsoft is rolling out its second-generation artificial intelligence (AI)…

Oil prices settle lower as traders assess impact of winter storm on production

Published Tue, Jan 27, 2026 · 06:08 AM [HOUSTON] Oil prices settled slightly lower on Monday after climbing more than 2 per cent in the previous session as investors assessed the impact…

US stocks: Wall Street indexes close higher ahead of earnings, Fed meeting

Published Tue, Jan 27, 2026 · 05:49 AM THE S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of…

Trump Agrees to Pull ICE Out of Minnesota and Allows Local Police to Investigate Shooting Death of Anti-ICE Protester Alex Pretti

President Donald Trump has agreed to pull Immigration and Customs Enforcement (ICE) agents out of the state and let local police lead the investigation into the killing of a protester…

Trump Sidelines Kristi Noem and Orders Her Longtime Rival and Border Czar Tom Homan to Go to Minneapolis Amid Death of Anti-ICE Protester Alex Pretti

President Trump said on Monday he is sending “border czar” Tom Homan to Minnesota following the deadly shooting of Alex Pretti, sidelining Homeland Security Secretary Kristi Noem. “[Homan] has not…