Global police agencies take down massive scam website that defrauded thousands of victims
Britain’s Metropolitan Police said in a statement Thursday that the LabHost website was used by 2,000 criminals to steal users’ personal details.
World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($110 billion).
Beyonce and Shakira song fund Hipgnosis agrees $1.4 billion sale to Concord
Financing for the deal will be supported by Concord’s partner Apollo Capital Management, the U.S. private equity giant.
BP trims down executive team, picks new head of its gas and low carbon energy business
British oil major BP on Thursday trimmed the size of its executive team down to 10 members.
Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.
Tim Cook visits Singapore amid Apple’s Southeast Asia expansion efforts
Tim Cook will meet with Singapore’s next leader to conclude a whirlwind tour around Southeast Asia as Apple expands in the region.
After chip breakthrough, Huawei launches fresh lineup of phones to challenge Apple in China
Huawei launched the Pura 70 series of smartphones on Thursday in a bid to continue its resurgence in China and ramp up its challenge to Apple in the market.
Skytrax names the best airports of 2024 — and Singapore’s Changi is no longer No. 1
Singapore’s Changi Airport has lost its position as the world’s best airport to Doha’s Hamad International Airport, according to Skytrax.
Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
Enterprise tech giant Cisco unveiled a new security product, called HyperShield, which it says aims to secure clients’ data and devices with the help of AI.
Nokia joins Ericsson in forecasting stronger second half after first-quarter profit miss
Finnish telecom gear maker Nokia reported on Thursday a smaller rise than expected in first-quarter comparable operating profit as sales tumbled.
