Fashion

Chinese EV maker Nio slams ‘unreasonable’ US, EU tariffs
NIO founder William Li hit out at the European Union and the US, saying that their moves to level tariffs on electric cars are unreasonable and urged them to...

Saudi Aramco sets price guidance for dollar sukuk bonds, term sheet shows
SAUDI Aramco has set the initial price guidance for 5- and 10-year dollar sukuk bonds, according to a term sheet reviewed by Reuters on Wednesday.The mainly state-owned oil company...

Gold stays near record high on Middle East risks, softer US dollar
GOLD prices were steady near record highs on Wednesday (Sep 25), as a weaker US dollar and an escalated conflict in the Middle East lifted bullion’s safe-haven appeal, while...

ADB says AI investments to drive developing Asia growth
SURGING global investments in artificial intelligence and easing inflation give developing Asia a launch pad for sustained economic growth in 2024 and 2025, the Asian Development Bank said Wednesday.With...

Microsoft to spend US$1.3 billion in Mexico on cloud, AI tech
TECH giant Microsoft will invest US$1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence (AI), the company announced...

RBC bankers fear layoffs as pledge to keep HSBC staff nears end: sources
SOME Royal Bank of Canada (RBC) employees who joined when the bank acquired HSBC Canada worry they could lose their jobs when RBC’s six-month guarantee to keep them expires...

EU-China EV talks to continue even if bloc approves tariffs
THE European Union and China will continue negotiations to find an alternative solution to tariffs even if member states vote in the coming days to impose levies on electric...

Opec boosts long-term oil demand outlook, driven by developing world growth
OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower...

US: Stocks end at records despite tepid consumer data
THE Dow and S&P 500 edged to fresh records on Tuesday as investors shrugged off lackluster consumer data while welcoming aggressive stimulus measures announced by China.The Conference Board’s consumer...