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MOH orders Cordlife to stop collecting cord blood; company calls for trading halt
[SINGAPORE] Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or storing new cord blood, effective Wednesday (Nov 26). This means…
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MOH orders Cordlife to stop collecting new cord blood in fresh blow to company
[SINGAPORE] Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or storing new cord blood, effective Wednesday (Nov 26). This means…
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Hundreds of Campbell Soup Company Employees At Risk of Losing Jobs Amid VP’s Scandal
Campbell Soup Company is facing a growing crisis after its Vice President and Chief Information Security Officer, Martin Bally, was secretly recorded making severe claims about Campbell’s products during a…
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Nvidia’s Huang says company has plenty of new chips to sell
[SAN FRANCISCO] Nvidia chief executive officer Jensen Huang said his company has enough new Blackwell chips to meet increasing demand and that business is “very, very strong”. Speaking on Bloomberg…
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Healthcare AI company Heidi launches Singapore regional hub
The company plans to invest US$8 million in South-east Asia in the next two to three years [SINGAPORE] Healthcare artificial intelligence (AI) company Heidi on Thursday (Nov 20) announced the…
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DHS Hired Firm With Deep Ties to Noem for Border Ads, Masking Its Role Through Shell Company: Report
The Department of Homeland Security directed millions of dollars from a $220 million border advertising campaign to a Republican consulting firm closely linked to Secretary Kristi Noem and her senior…
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Singapore RI Boy Builds AI Product, Gains 3 Million Users Since July, Company Valued at $100 Million Following New Funding Round
Since launch in July, Agnes AI, a Singapore-born AI platform, has garnered over 3 million registered users worldwide, with daily active users reaching 200,000 roughly half of them from Southeast…
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Warren Buffett’s $107M Q2 Investment in Door Security Tech Company Allegion has Already Gained 20%
In Q2, Warren Buffett’s Berkshire Hathaway purchased over 780,130 shares of Allegion (NYSE: ALLE) for $107.1 million (£81.9 million) at $137.29 (£105.11) per share. Today, the investment is valued at…
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Colossal Biosciences Update: Lab That Brought Back Dire Wolf Buys Pet-Cloning Company
Colossal Biosciences, the Dallas-based biotechnology company known for its bold mission to resurrect extinct species such as the woolly mammoth and the dodo, announced its first-ever acquisition today: ViaGen Pets…
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IREN Stock Update: Data Company Shares Surge After Inking Massive Microsoft Deal
Shares of IREN Ltd. (NASDAQ: IREN) jumped sharply on Monday after the company announced a landmark five-year, $9.7 billion contract with Microsoft Corp. to deliver advanced AI cloud infrastructure powered…
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Israeli Travel Company Just Bought a Sydney Business for $10 Million — And It’s Not Done Yet
QUICK FACTS: The Deal: Israel-based Talma Travel Solutions acquired Sydney’s Bay Travel Group for US$10 million (£7.61 million), marking its first move into the Australian market. The Strategy: This is…
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SGAG parent company Hepmil sold to French Publicis Groupe for undisclosed sum
[SINGAPORE] Advertising and public relations giant Publicis Groupe announced on Wednesday (Oct 29) that it is acquiring Singapore-based Hepmil Media Group, the parent company of home-grown meme-page SGAG. The valuation…
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Investors call for greater disclosure in Toyota’s buyout of group company
[TOKYO] Global investors have called on Toyota Motor to provide more disclosure about its planned buyout of group firm Toyota Industries, criticising what they said was “opaque” valuation and a…
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Hong Kong tycoon Richard Li’s phone company faces US ban
HKT currently has permission to interconnect with America networks, allowing calls and data to be exchanged directly [WASHINGTON] The US Federal Communications Commission (FCC) took steps to block one of…
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Thakral to receive S$13.1 million from sale of shares in UK beauty company, ahead of London IPO
Thakral’s remaining TBTG shares will be worth £18.1 million (S$31.5 million) immediately upon listing [SINGAPORE] Singapore-listed Thakral Corp will receive S$13.1 million from a partial sale of its shares in…
