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STOCKHOLM :Swedish fintech Klarna on Wednesday said it would launch an unlimited mobile plan in the U.S., joining other finance companies moving into the telecoms business, including British rival Revolut.A number of fintechs, including Germany’s N26 and Brazil’s Nubank, have started offering mobile services in various countries as they seek to diversify their revenues. Other investors outside the fintech arena have also put money into the mobile services business such as actor Ryan Reynolds and on Monday U.S. President Donald Trump’s family business also licensed its name to launch a mobile service.Klarna’s mobile plan, which includes unlimited 5G calls and…
Video Details Shai Gilgeous-Alexander is the runaway favorite for 2025 NBA Finals MVP. Nick Wright, Chris Broussard, and Kevin Wildes discuss SGA’s legacy on the Thunder if he wins or loses the Finals. 51 MINS AGO・first things first・7:40
Energy bill discounts of £150 will be extended to another 2.7 million households to help with fuel costs this winter.It brings the number of households eligible for the Warm Home Discount up to just over 6 million, including 900,000 families with children, the Department for Energy Security and Net Zero (DESNZ) said. The changes mean every bill payer on means-tested benefits will qualify, removing the high-cost-to-heat threshold in the current regulations.It follows a government consultation on expanding the one-off payment to more people struggling with fuel poverty.Prime Minister Keir Starmer said: “I know families are still struggling with the cost…
[SINGAPORE] Malaysia hopes to draw back some of the hundreds of thousands of Malaysians who cross the causeways daily, by tapping them to power the Johor-Singapore Special Economic Zone (JS-SEZ), said panellists on Wednesday (Jun 18).However, Idzham Mohd Hashim, president and chief executive officer of Iskandar Investment (IIB), stressed that this was not about competing with Singapore, but about creating a “symbiotic relationship” that benefits both countries.He was speaking on a panel titled “Johor Focus: Building the Future with JS-SEZ”, alongside Mohd Noorazam Osman, CEO of the Iskandar Regional Development Authority (IRDA) and former mayor of Johor Bahru. The discussion was…
A part of the 988 Suicide and Crisis Lifeline dedicated to LGBTQ+ youth — known as 988 option 3 — is being terminated under the Trump administration, the federal Substance Abuse and Mental Health Services Administration announced.”On July 17, the 988 Suicide & Crisis Lifeline will no longer silo LGB+ youth services, also known as the ‘Press 3 option,’ to focus on serving all help seekers, including those previously served through the Press 3 option,” a statement Tuesday from SAMHSA read. The agency said those who contact 988 will “continue to receive access to skilled, caring, culturally competent crisis counselors who can help with…
Microsoft is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times reported on Wednesday. The tech giant has considered pausing discussions with the ChatGPT maker if the two sides remain unable to agree on critical issues such as the size of Microsoft’s future stake in OpenAI, the report said, citing people familiar with the matter.The company plans to rely on its existing commercial contract to maintain access to OpenAI’s technology until 2030, according to the FT report.Microsoft and OpenAI did not immediately respond to Reuters’ requests for comment. OpenAI executives have considered…
THE passing of Leonard Lauder last week (June 14) at age 92 marks more than the end of a personal chapter – it closes an era for one of the most iconic family-run businesses in global beauty. As someone who spent years in the media industry, where beauty advertisers often account for up to 40 per cent of total revenue, I’ve long held a deep affinity for cosmetic brands – especially Estee Lauder – shaped by both professional experience and personal encounters.In the early part of my career, I was based in Tokyo, as part of the global leadership ad…
[SINGAPORE] Stocks on the local bourse fell on Wednesday (Jun 18), tracking the mixed performance in other Asian markets, as investors awaited the US Federal Reserve’s policy decision and release of its updated dot plot.The benchmark Straits Times Index (STI) lost 0.3 per cent or 9.83 points to close at 3,920.81.Across the broader market, decliners outnumbered advancers 243 to 212, with 822.1 million securities worth S$905.7 million changing hands.The biggest gainer on the STI was telco giant Singtel, which rose 1 per cent or S$0.04 to S$3.97. The uptick followed news that its subsidiary Optus Mobile had reached a settlement…
Financial markets may be in for a “knee-jerk” selloff if the U.S. military attacks Iran, with economists warning that a dramatic rise in oil prices could damage a global economy already strained by President Donald Trump’s tariffs.Oil prices fell nearly 2 per cent on Wednesday as investors weighed the chance of supply disruptions from the Israel-Iran conflict and potential direct U.S. involvement. The price of crude remains up almost 9 per cent since Israel launched attacks against Iran last Friday in a bid to cripple its ability to produce nuclear weapons.With major U.S. stock indexes trading near record highs despite…
Honda is recalling more than 259,000 of its cars across the U.S. due to a problem that can cause the brake pedal to shift out of position, potentially interfering with a driver’s ability to stop or slow downNEW YORK — Honda is recalling more than 259,000 of its cars across the U.S. due to a problem that can cause the brake pedal to shift out of position, potentially interfering with a driver’s ability to stop or slow down.According to documents published by the National Highway Traffic Safety Administration, the recall covers certain Honda Pilots between model years 2023 and 2025…