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Beaches on Singapore's resort island of Sentosa closed after oil spill

Tanjong Beach Club, which is normally bustling with guests on weekends, was largely empty. Scattered tables with a handful of diners looked over the shoreline

Emmanuel Macron's election gamble gives Europe Brexit nightmares again

EU officials have spent much of the past decade dealing with the fallout from the UK vote

Google CEO Pichai testifies at Ozy trial, denies $600 million offer

Pichai on Friday told the jury in Brooklyn, New York, federal court that an acquisition of Ozy was never discussed but that Google did consider hiring Watson as head of its news programming

Ramaphosa re-elected South African President as ANC agrees on power-sharing

Ramaphosa won 283 of the votes cast by members of National Assembly on Friday night, and Economic Freedom Fighters leader Julius Malema 44

Abrdn Plc favours Chinese and Indian stocks on policy boost hopes

Choosing the right allocations for Asia's three biggest economies has become a key determinant of investment returns in the region

Internships are drying up this summer, especially in tech and finance

The total number of internships listed on Handshake, a job search platform for college students, fell more than 7% from last June through May compared with the same period a year earlier

Xi has few options to retaliate against Europe without sparking trade war

China has also signaled it's considering tariffs as high as 25% on imported cars with large engines

Chinese auto manufacturers outsold US counterparts for first time last year

"Negligence from legacy automakers, which has resulted in consistently high car prices, has inadvertently driven consumers toward more affordable Chinese alternatives," Jato analyst Felipe Munoz said

Apple likely to 'pay' OpenAI for ChatGPT through distribution, not cash

Apple's deal with OpenAI isn't exclusive, and the iPhone maker is already discussing offering Google's Gemini chatbot as an additional option. That agreement should be in place later this year

Climate dealmakers brace for China showdown over money at COP29 summit

Negotiators representing more than 190 countries convened in Bonn, Germany, this week for a meeting that typically sets the tone for the annual talks

Adani Group's Australian coal port gets $333 million private credit loan

Billionaire Gautam Adani's ports-to-power group is one of India's largest thermal power producers with multiple coal-based plants in the nation

Citigroup sees India's allure enticing global bond funds to stay put

India's debt yields are higher than China's or the US, and its economy is the fastest-growing among the Group of 20. There's little reason for active investors who've poured money in to reverse course

Here's a list of all major legal battles Musk and his companies are facing

Musk, who has a history of sparring with regulators, also faces government investigations into his companies that could result in more lawsuits or even criminal prosecutions

It's Dubai vs Abu Dhabi in race for supremacy in family office riches

That question - Abu Dhabi or Dubai? - is a common one among billionaires, fund managers, startup founders, trust attorneys and even fraudsters who are either in or seeking a slice of the insular world

Samsung unveils technology road map to lure AI chip makers to its mfg biz

Though Samsung is the world's No. 1 memory-chip maker, it has been trying to catch up with rival Taiwan Semiconductor Manufacturing Co. in the foundry market

Boeing to face FAA scrutiny for foreseeable future after mid-air blowout

The FAA will also keep closer tabs on other aerospace manufacturers with more active, in-person oversight to supplement the agency's audits, Whitaker said

India will need to build 100 mn homes this decade amid rising incomes

In 2023 about 600,000 primary homes were built in India and even a fast pace of growth in the construction sector would struggle to meet the demand for 100 million homes

Ceasefire push, war aid talks on cards as G7 summit begins today in Italy

The wording by the G-7, specifically name-checking Biden, appears designed to corner PM Benjamin Netanyahu into formally accepting the cease-fire proposal on which he's also been equivocating

US inflation broadly cools in encouraging sign for Federal Reserve

The so-called core consumer price index - which excludes food and energy costs - climbed 0.2% from April, Bureau of Labor Statistics figures showed

EU to imposes tariffs of up to 48% on electric vehicle imports from China

China has threatened retaliation across agriculture, aviation and cars with large engines. Beijing has already launched an investigation into some types of European liquor.