NEWS & MEDIA
SEP7

2024

Byju’s Auditor BDO Resigns Amid Bankruptcy Proceedings

Troubled education tech startup Byju’s said its auditor BDO resigned, becoming the second such company to do so since mid-2023.

SEP7

2024

Automated Mini-Markets Could Upend Germany’s Store Closure Laws

For many people, a particularly vexing aspect of life in Germany is that it’s nearly impossible to buy groceries on Sundays or public holidays. Since 1956, national law has dictated that almost every store close on those days, and although federal states can now decide their own rules, most have held firm to the idea that workers and shoppers need a mandated day off.

SEP7

2024

CLO Equity Holders Reset Deals at Record Pace: Credit Weekly

Investors in the riskiest portions of collateralized loan obligations are seeing their returns get juiced thanks to the biggest wave of resetting on record.

SEP7

2024

Iraq Starts Work on Combined Cycle Projects to Add 614MW: PM

Iraqi Prime Minister Mohammed Shia Al-Sudani inaugurated work on four combined cycle units that will add a total of 614MW of power to the national grid and help reduce the country’s imports of gas, he said in a televised event in Baghdad.

SEP7

2024

China’s PBOC Keeps Gold Buying on Hold as Prices Reach Record

China’s central bank did not add any gold to its reserves for a fourth straight month in August as prices for the precious metal rose to a record.

SEP7

2024

Singapore to Begin Building Mega Airport Terminal in 1H 2025: ST

Singapore will start construction of a new mega terminal at its Changi Airport in the first half of next year, aiming to lift the aviation hub’s annual passenger handling capacity by another 50 million, the Straits Times reported, citing Prime Minister Lawrence Wong.

SEP7

2024

Seven Injured on Singapore Airlines’ Scoot Flight to China: ST

Seven people were injured, with one hospitalized after a plane operated by Singapore Airlines Ltd.’s budget carrier Scoot encountered turbulence during a flight from the city state to Guangzhou in China on Friday, the Straits Times reported on Saturday.

SEP6

2024

Google Judge Eyes August for Decision on Remedy in Monopoly Case

The federal judge who recently found that Google illegally monopolized the search market said he wants to deliver a decision on remedies by August.

SEP5

2024

OpenAI Hits 1 Million Paid Users For Business Versions of ChatGPT

The startup introduced an enterprise product a year ago in a bid to boost revenue.

SEP4

2024

C3.ai Drops After Subscription Sales Miss Analysts’ Estimates

C3.ai Inc., a data analysis software company, plunged 18% in extended trading after reporting quarterly subscription revenue that missed estimates.

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