Selecting which Trump trades turn into Trump investments is just as difficult this time around as it was in his first term. The right bets might seem obvious now, but they did back then, too. Source link
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s biggest lender DBS Group Holdings Ltd (OTC:) is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including in one of Malaysia’s smallest banks by assets, two sources said. DBS is exploring a purchase of Singapore state investor Temasek’s 29.1% stake in Alliance Bank Malaysia Bhd, said the two sources with knowledge of the matter, a
History suggests the platforms have flourished during U.S. presidential elections, then struggled afterward. Source link
(Reuters) – Online travel giant Booking Holdings (NASDAQ:) said on Friday it expected to cut jobs as part of broader changes to its businesses, which also aim to drive real estate savings. Booking Holdings, which owns brands like Booking.com and Kayak, did not disclose how many jobs would be affected but said it expected to provide more details on timing, likely impact on employees and financials “in due course”. As
Customers are complaining that they are getting less bang for their buck at the luxury store. Source link
(Reuters) – Microsoft-backed OpenAI said on Friday night it is facing an issue that has resulted in its popular chatbot ChatGPT being unavailable. The company said in a statement on its website that it was investigating the issue and working to restore functionality as soon as possible. Over 19,403 users had been impacted by the outage as of 7:13 p.m. ET (0013 GMT on Saturday), according to outage tracking website
The Dow Jones Industrial Average touched 44000 for the first time. Source link
(Reuters) -Donald Trump has begun the process of choosing a cabinet and selecting other high-ranking administration officials following his U.S. presidential election victory. Here are some of the contenders for several posts overseeing regulation and enforcement. Commerce Department LINDA MCMAHON McMahon is seen as a top contender for Commerce secretary. She served as head of the Small Business Administration in the first Trump administration and is chair of the pro-Trump
Here are some of the major companies whose stocks moved on the week’s news. Source link
By Nate Raymond (NS:) and David Shepardson (Reuters) -A U.S. appeals court on Friday held that a trial judge correctly found that American Airlines (NASDAQ:)’ now-scrapped U.S. Northeast partnership with JetBlue Airways (NASDAQ:) violated federal antitrust law. Siding with the U.S. Department of Justice, the Boston-based 1st U.S. Circuit Court of Appeals affirmed a trial judge’s ruling blocking the airlines’ “Northeast Alliance,” which had allowed the two carriers to coordinate
