Business News – Page 12 – The paper fuel business magazine uk

09Feb

DBS sees 2026 profit dipping slightly after Q4 earnings fall 10%

Singapore's biggest bank DBS Group on Monday maintained its expectation that net profit this year will dip slightly from 2025, after posting a 10% drop in fourth-quarter earnings that was…

09Feb

Yen jumps as Takaichi wins Japan election, markets bet on stimulus

The yen strengthened in Asian trading on Monday after Japanese Prime Minister Sanae Takaichi swept to victory in Sunday's election, abruptly reversing a six-day string of losses as traders bet…

09Feb

Namibia Rejects TotalEnergies, Petrobras Luderitz Basin Deal Pending Approval

Namibia will not recognise the purchase of offshore stakes in the Luderitz Basin announced last week by TotalEnergies and Petrobras until the oil companies follow the proper route for approval,…

09Feb

Israel to fine El Al $39m for excessive fares during Gaza war

Israel's Competition Authority said on Sunday it planned to levy a fine of 121 million shekels ($39 million) on flag carrier El Al Israel Airlines for setting excessive and unfair…

09Feb

South Africa Regulator Clears Higher Eskom Power Tariffs After Calculation Error

South Africa's energy regulator said on Sunday that it granted state utility Eskom larger electricity rate increases for its next two financial years than originally set after admitting errors in…

09Feb

South Korea flags crypto risks after Bithumb’s $40B Bitcoin giveaway blunder

South Korea's financial market watchdog said on Monday local exchange Bithumb's unintentional giveaway of more than $40 billion in bitcoin to customers raises the need for tougher regulations to address…

09Feb

EU charges Meta over antitrust breach for blocking AI rivals on WhatsApp

EU competition regulators on Monday charged Meta Platforms with breaching antitrust rules by blocking artificial intelligence rivals from its messaging service WhatsApp and threatened to impose interim measures against the…

09Feb

Anthropic Takes Super Bowl Ads Shot at OpenAI Over ChatGPT Ads Plan

Anthropic is spending millions of dollars to air commercials during Sunday night's National Football League championship game to slam rival OpenAI for its plan to sell ads on its ChatGPT…

09Feb

Alibaba’s Qwen AI Pauses Coupons After User Surge

Alibaba's artificial intelligence chatbot Qwen has temporarily stopped issuing coupons due to customer overload, hampering a new campaign to promote the tool's capabilities beyond simply answering questions to assist shopping.…

07Feb

SpaceX to Focus on Moon Missions Before Mars: WSJ

Elon Musk's SpaceX told investors it will prioritize going to the moon first and attempt a trip to Mars at a later time, the Wall Street Journal reported on Friday,…

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