Biden wins Nevada Democratic primary, NBC News projects

Biden wins Nevada Democratic primary, NBC News projects

U.S. President Joe Biden holds a campaign rally ahead of the state’s Democratic presidential primary, in Las Vegas, Nevada, U.S. February 4, 2024. Kevin Lamarque | Reuters President Joe Biden has won Nevada’s Democratic primary, NBC News projects. The other Democrat on the ballot was self-help author and former 2020 Democratic candidate Marianne Williamson. Biden’s … Read more

Somali pirates are back on the attack at a level not seen in years

Somali pirates are back on the attack at a level not seen in years

PUNTLAND, SOMALIA – JANUARY 29: Puntland Maritime Police Forces (PMPF) are patrolling against the recently increasing pirate attacks off the coast in Puntland, Somalia on January 29, 2024. (Photo by Abuukar Mohamed Muhidin/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Somali pirates are back on the attack, with piracy around the Horn of … Read more

‘None of these candidates’ defeats Nikki Haley in Nevada Republican primary, NBC News projects

‘None of these candidates’ defeats Nikki Haley in Nevada Republican primary, NBC News projects

Republican presidential candidate, former U.N. Ambassador Nikki Haley speaks during a campaign rally at the Indigo Hall and Events venue on Feb. 5, 2024 in Spartanburg, South Carolina. Brandon Bell | Getty Images News | Getty Images Former U.N. ambassador Nikki Haley lost Nevada’s Republican presidential primary to “none of these candidates,” NBC News projected. … Read more

Luxury Uber rival Wheely launches in Dubai to take on Careem

Luxury Uber rival Wheely launches in Dubai to take on Careem

The Dubai skyline. Umar Shariff Photography Wheely, a luxury-focused competitor to ride-hailing giant Uber, is launching in Dubai as the company looks to reembark on an international expansion effort that was quashed by Covid in 2020. The company, founded by Russian-Swiss entrepreneur Anton Chirkunov, told CNBC it will offer rides in the United Arab Emirates … Read more

DBS cuts executive pay on banking outages; posts record earnings in 2023

DBS cuts executive pay on banking outages; posts record earnings in 2023

DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images SINGAPORE — DBS Group reported record earnings for the full year in 2023, but cut compensation for its senior management to “hold them accountable” for a number of digital disruptions that year. Chief Executive Piyush Gupta received … Read more

Google says Singapore has ‘very high’ potential to be a global AI hub

Google says Singapore has ‘very high’ potential to be a global AI hub

American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images SINGAPORE — Singapore has “very high” potential as a global AI hub — thanks in part to an environment that fosters innovation, a Google … Read more

Silver could hit 10-year high and outperform gold, says Silver Institute

Silver could hit 10-year high and outperform gold, says Silver Institute

Bars of 100-ounce silver are stacked inside The Safe House, a vault operated by Silver Bullion Pte, in Singapore. Nicky Loh | Bloomberg | Getty Images This could be a banner year for silver, with prices potentially hitting a decade-high. Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark … Read more

Leon Cooperman says he will not vote for Trump or Biden

Leon Cooperman says he will not vote for Trump or Biden

Billionaire investor Leon Cooperman said on Tuesday that he would not vote for President Joe Biden or former President Donald Trump in a hypothetical November rematch. “We have two candidates running. One’s bad, the other one’s worse. I don’t know who’s bad, I don’t know who’s worse,” Cooperman said on CNBC’s “Squawk Box.” Cooperman, the … Read more

Ford’s turnaround back on track after carmaker posts beat and raise

Ford’s turnaround back on track after carmaker posts beat and raise

Ford Motor delivered an earnings beat Tuesday, along with a stronger-than-expected outlook as cost cuts and higher profits from its commercial car business are expected to more than offset the losses from electric vehicles. The cherry on top: Management announced a supplemental dividend of 18 cents per share. Automotive revenue increased 3% year over year, … Read more

Lawson faces privatization bid from KDDI

Lawson faces privatization bid from KDDI

A customer exits a Lawson Inc. convenience store in Tokyo, Japan, on Tuesday, Oct. 6, 2020. Bloomberg | Bloomberg | Getty Images Shares of Japan’s third-largest convenience store chain Lawson surged 18% it received an offer to go private. The offer would see conglomerate Mitsubishi and mobile carrier KDDI jointly manage the convenience store chain, … Read more