Boeing, striking defence workers union to start talks on Aug 25

Boeing, striking defence workers union to start talks on Aug 25

The company has held informal discussions with labour leaders since the strike began Published Sat, Aug 23, 2025 · 01:30 PM [LOS ANGELES] Boeing and union leaders representing striking workers at its St Louis-area defence factories will return to the bargaining table on Monday (Aug 25), as they aim to end a three-week-long impasse. The…

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Apple explores using Google Gemini AI to power revamped Siri

Apple explores using Google Gemini AI to power revamped Siri

[LOS ANGELES] Apple is in early discussions about using Google Gemini to power a revamped version of the Siri voice assistant, marking a key potential step towards outsourcing more of its artificial intelligence (AI) technology. The iPhone maker recently approached Alphabet’s Google to explore building a custom AI model that would serve as the foundation…

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Markets Hold Steady Ahead of Powell’s Jackson Hole Speech

Markets Hold Steady Ahead of Powell’s Jackson Hole Speech

Global stocks were flat on Friday as investors awaited a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. MSCI’s broadest global index was flat, as were shares in Europe. Futures on Wall Street were between 0.1 and 0.2 percent higher. In Asia, China’s CSI 300 Index climbed 2.1% on a wave…

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China’s Dongfeng plans to list EV unit, take rest private

China’s Dongfeng plans to list EV unit, take rest private

[NEW YORK] Dongfeng Motor Group plans to withdraw its Hong Kong shares in a new twist on a long-awaited restructuring, part of a transaction that will result in a new stock listing for its Voyah line of luxury new-energy vehicles. Dongfeng’s H shareholders will receive HK$6.68 in cash and 0.3552608 Voyah H shares for each…

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Apple claims ex-employee, China’s Oppo stole trade secrets

Apple claims ex-employee, China’s Oppo stole trade secrets

[HONG KONG] Apple accused smartphone maker Oppo in a lawsuit of poaching a highly paid member of the Apple Watch team and encouraging him to steal trade secrets for his new job with the Chinese firm. Sensor system architect Chen Shi secretly accessed confidential documents on Apple’s health-sensing technologies for Oppo’s benefit to develop a…

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ECB officials sticking to steady-rates plan after trade deal

ECB officials sticking to steady-rates plan after trade deal

[FRANKFURT] European Central Bank (ECB) officials are increasingly convinced they can keep interest rates unchanged in September, according to sources familiar with the matter who do not see the trade deal between Brussels and Washington causing major economic concerns. Since rates were left at 2 per cent last month, growth and inflation have developed largely…

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China’s Longi Green narrows loss as solar installations surge

China’s Longi Green narrows loss as solar installations surge

Chinese authorities have amped up their rhetoric against so-called involution, pledging to put an end to the ruinous competition that bedevils a number of Chinese industries Published Sat, Aug 23, 2025 · 10:37 AM [BEIJING] Chinese solar giant Longi Green Energy Technology posted a narrower first-half loss as a surge in solar panel installations helped…

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Zoom has biggest rally in a year after giving strong forecast

Zoom has biggest rally in a year after giving strong forecast

[NEW YORK] Zoom Communications shares soared as much as 9.8 per cent after the company delivered a stronger-than-expected forecast, suggesting that customers are buying more of its expanded line of software products. Revenue will be about US$4.83 billion in the fiscal year ending in January, Zoom said on Thursday (Aug 21). Profit, excluding some items,…

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