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[SINGAPORE] Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education.The booming market is increasingly catching the eye of financiers such as Apollo Global Management and KKR. They have bought stakes and lent to school chains in a bet that a growing class of upwardly mobile families will allow school operators to expand. Investment in the sector is rising, despite lacklustre growth in the region’s overall private equity volume since 2021. Excluding China, firms closed US$6.4 billion of education deals across the Asia-Pacific last year, 25 per cent…
Microsoft on Thursday fired two additional employees after firing two others a day prior, following a break-in at the office of its vice chair and company president, Brad Smith, earlier this week, as part of a protest of the technology company’s purported links to Israel. “Two additional employees were terminated due to serious violations of established company policies and our code of conduct, including participating in recent on-site demonstrations that created significant safety concerns for our employees,” a Microsoft spokesperson said in a statement to CBS News.The terminations came after a group of seven people broke into executive offices at Microsoft’s…
ERIE, Pa., Sept. 3, 2025 /PRNewswire/ — The Erie County Prison and their correctional healthcare partner, Armor Health (ArmorHealthcare.com), are pleased to announce the expansion of Medical services to include Mental Health services and Drug and Alcohol Treatment Programs. By administering medications for opioid use disorder (MOUD), this initiative aims to reduce overdose risk and improve overall health outcomes, leveraging national best practices for treating substance use disorders in correctional settings. Armor began medical services for the Prison in December of 2023, and the success of the program in improving care created the confidence for Erie County to add these additional…
Check out the best moments between the Philadelphia Phillies and the Milwaukee Brewers.
Former Republican Sen. John E. Sununu is seriously exploring a bid to return to the Senate in his home state of New Hampshire, multiple sources familiar with his plans tell CBS News. The former senator, part of the influential Sununu political dynasty, has been viewed as a top recruit for Republicans ahead of next year’s midterm elections. Democratic Sen. Jeanne Shaheen is not running for reelection in 2026, leaving the field wide open.A source close to the White House confirmed to CBS News that senior officials have given their blessing to a potential Sununu campaign. The news was first reported by NOTUS.New Hampshire has…
AS SUMMITS go, the Shanghai Cooperation Organisation’s (SCO) meeting in Tianjin, China, last weekend went according to script. There was even an anodyne declaration at the end. It did not address the conflicts between members. Four of the 10 SCO member states experienced direct military clashes in the past few months, and none more serious than the one between India and Pakistan that could have spiralled into a nuclear war.The main interest was in the bilateral meetings on the sidelines. The hour-long meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi was of particular interest, as it had…
XIAOHONGSHU’S valuation surged 19 per cent to US$31 billion in just three months during recent transactions via a major fund, underscoring the intense investor demand for a Chinese-equivalent to Instagram.The valuation came to light through portfolio documents distributed by a GSR Ventures Management vehicle, which logged shares of the fund changing hands in the first half of 2025. Xiaohongshu comprised 92 per cent of the fund’s total assets as of June’s end, a slight rise from the previous quarter, according to documents reviewed by Bloomberg News. The portfolio’s stated net asset value implied a big jump for the social media…
Dr. Debra Houry talks to workers and supporters as they rally for departing scientific leaders at the Centers for Disease Control and Prevention outside the CDC headquarters, Thursday, Aug. 28, 2025, in Atlanta. (AP Photo/Ben Gray)The Associated Press
Nick Wright joins Colin Cowherd to discuss the new extension Luka Doncic signed with the Los Angeles Lakers, Brian Schottenheimer wearing a backwards visor, and if the Miami Dolphins have too many distractions. Plus, they discuss Caleb Williams’ frustrations at minicamp.
Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, signaling lagging monetization for its highly-touted artificial intelligence agent platform as clients dial back spending due to macroeconomic uncertainty.The cloud software provider also announced a $20 billion increase to its existing share buyback program, but that was unable to allay investors’ concerns, sending Salesforce’s shares down over 5 per cent in extended trading. Since OpenAI’s ChatGPT launched in 2022, Salesforce has adopted artificial intelligence on a wide scale, integrating it into its various cloud services and creating an AI agent platform called Agentforce to automate tasks in the hopes of…
