Business

Snap Launches Planning Feature to Make Meet-Ups With Friends

Snap Inc. launched new event-planning features enabling Snapchat users to organize gatherings with friends, send invitations and collect responses without leaving the app.

Wealthy investors seek oil and gas assets, but bargains are scarce

The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.

Oil Prices Surge as Fighting in Middle East Escalates

The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.

Hong Kong policy address to continue push helping local media go global

Hong Kong’s policy address next week will continue with measures to help local news outlets expand overseas and build global networks, the South China Morning Post has learned. A source said on Thursday that Chief Executive John Lee…

Bending Spoons to buy Miro in $1.36 billion cash deal

Indonesia's mining revenue jumps as commodity prices rise

Indonesia’s mining sector generated 108 trillion rupiah (US$6.15 billion) in non-tax revenue through August 31, ...

Del Monte expects to stay profitable amid debt restructuring

MANILA, Philippines Del Monte Pacific Ltd. (DMPL) is expected to remain profitable in fiscal year 2027, relying on its Asian operations and restructuring efforts despite cost pressures and a heavy debt load. On Tuesday, the food and…

Building U.S. data centers is getting so expensive that AI companies are moving overseas

Public backlash, costs of power and cooler climates are among the reasons Big Tech is looking abroad for opportunities to build data centers.

Nasdaq invests $100 million in Kraken parent, eyeing 2027 launch of 'tokenized' stock trading

Nasdaq is making a big bet that tokenization of stocks and other assets are becoming part of the plumbing of the stock market.

Emeria Debt Talks Are Stepping Up as Largest Lenders Sign NDAs

Emeria’s largest creditors have signed non-disclosure agreements barring them from trading the firm’s debt, as they step up talks with the French real estate services provider and its owners over a €350 million ($407 million) cash…

IBM, NASA launch AI model to help map ice, craters on Moon

Wholesale inflation stirred up again by Iran war and high oil prices. What does it mean for the Fed?

Wholesale costs in the U.S. jumped again in August, flogged by higher gasoline prices, in the first of two inflation reports that will dictate if the Federal Reserve raises interest rates next week.