Hong Kong banker cleared of indecently assaulting female subordinate

M&C Saatchi has introduced an AI-powered diagnostic tool, the Cultural Power Index, to assess brands' cultural impact in real time by analyzing data signals. This tool helps brands understand their cultural relevance, track shifts in perception, and enhance their "cultural power". Along with a global rebrand under the "Cultural Power" banner, the agency has revamped its visual identity, website, and integrated operating model to emphasize creativity as a driver of brand growth. Full Article

President Trump's cuts to foreign assistance, including shutting down USAID, create an opportunity for Asian nations to step up in providing humanitarian aid to aid-dependent regions like Africa. This shift in aid distribution may lead to Asian countries playing a more prominent role in global humanitarian efforts. This change could potentially reshape the landscape of international aid provision. Full Article

The company has not added any funding information yet. The platform allows users to input details about their investments, including the stage, size, and date of the round. Users can indicate their participation in the investment round by selecting "Yes" or "No" and can request to be added to the round if they were involved. Full Article

South Korea's Hanwha Group has purchased a 9.9% stake in Australian shipbuilder Austal for A$4.45 per share, after proposing a full takeover a year earlier. Hanwha aims to establish a long-term partnership with Austal instead of pursuing complete ownership, as both companies look to expand their US operations in the wake of President Trump's focus on American shipbuilding. Last year, Hanwha acquired US shipbuilder Philly Shipyard, enhancing its presence in the American market. Full Article

Lee Shau-kee, a Hong Kong real estate tycoon who founded Henderson Land Development, passed away at 97, leaving behind a legacy of building affordable housing for middle-class residents. With an estimated net worth of $29.2 billion, he was known for his shrewd investments and philanthropy efforts through the Lee Shau-Kee Foundation, supporting education and vocational training in China and other countries. Despite challenges in the real estate market, Mr. Lee's business acumen and foresight in...

U.S. District Judge John Chun in Seattle dismissed a lawsuit against Amazon.com, alleging fraud in statements about third-party sellers and expansion plans. The dismissal was with prejudice, preventing the lawsuit from being refiled. This decision was made in Amazon's hometown, where the company is headquartered. Full Article