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Business
China eases IPO rules for firms developing reusable rockets
The methane-powered Zhuque-2E Y2 rocket, developed by LandSpace, lifts off from China’s Jiuquan satellite launch centre carrying six satellites. (Reuters pic) BEIJING: Chinese companies developing reusable commercial rockets will have access to a fast lane…
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Latest Updates
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Oct- 2025 -30 OctoberBusiness
OpenAI lays groundwork for juggernaut IPO at up to US$1 trillion valuation
The IPO push shows OpenAI’s intent to go public swiftly following a restructuring that eased…
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30 OctoberBusiness
Starbucks returns to growth on strong international sales
Starbucks’ same-store sales were driven by a 3% rise in international markets, with China rebounding,…
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30 OctoberBusiness
Hyundai to recall more than 180,000 cars due to defects
Home to Hyundai and Kia, South Korea manufactured numerous batteries and EVs, with 9.3% of…
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30 OctoberBusiness
Uber plans San Francisco robotaxis in Waymo challenge
Waymo robotaxis grew in popularity in San Francisco, becoming a tourist attraction after testing began…
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29 OctoberBusiness
Google parent Alphabet posts first US$100bil quarter as AI drives growth
Google’s Q3 revenues climb 16% to US$102.3 billion, marking a milestone for the company founded…
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29 OctoberBusiness
Stocks fall, US dollar strengthens after Powell cools Dec rate cut hopes
Markets were pricing in a roughly 85% chance of a December cut, which stumbled to…
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29 OctoberBusiness
Divided US Fed backs second quarter-point rate cut of 2025
Federal Reserve chairman Jerome Powell speaks at a news conference after the FOMC meeting in…
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29 OctoberBusiness
Petronas-Eni SpA JV deal to be fast-tracked, says Anwar
Prime Minister Anwar Ibrahim said both he and his Italian counterpart have agreed to expedite…
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29 OctoberBusiness
Boeing reports US$5.4bil loss on large hit from 777X aircraft delays
Two fatal Boeing crashes in 2018 and 2019 prompted increased scrutiny from the US Federal…
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29 OctoberBusiness
Adidas sees €120mil Trump tariff hit
North America last year accounted for over 20% of Adidas’s sales. (AP pic) FRANKFURT: German…
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