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This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on Tuesday (Jan 27) morning on an advanced wafer…
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies Nvidia, the dominant maker of artificial intelligence (AI) chips, invested an additional…
Investment Partners has invested US$50 million in Malaysian logistics firm Teleport, marking the global private credit firm’s first deal in Asia after being acquired by…
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding orders with three Chinese shipyards for a total of 16…
The private equity firm beat rivals Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg Pincus on Wednesday (Dec 17) announced that it has signed…
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff Walt Disney agreed to invest US$1 billion in OpenAI and licence iconic characters like…
OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey Mouse, characters from “Frozen” and Yoda from…
Disney is trying to take control of its destiny in an AI-flooded world. The Walt Disney Company and OpenAI have reached an agreement for Disney to become the first major content licensing…
Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining facility, in a bid to strengthen energy supply…
The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon steel plant OCBC’s mezzanine capital unit has…
PARIS — LVMH Luxury Ventures Fund I has taken a minority stake in buzzy French niche fragrance brand BDK Parfums. Financial terms of the deal were not disclosed. The investment by LLV…
In “Working Girl,” an upwardly mobile Melanie Griffith embodied Tess McGill, a secretary from Staten Island with big hair and even bigger dreams. She thought her new boss (played by…
Clarks is doubling down on its Cloudsteppers line with a new plan to open standalone concept stores dedicated to the collection in Southeast Asia and the United States this year. According…
When completed, the local facility will expand ESA’s portfolio in the Republic to 13 properties with more than 1.5 million sq ft of gross floor area Extra Space Asia (ESA), the…
PARIS – Eutopia has taken a minority stake in Belgian supplements brand Insentials. The French venture capital fund, which backs emerging and purpose-driven lifestyle and wellness brands,…
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop up an ailing archrival. Nvidia will buy…
The deal provides Mistral with a major injection and makes it one of Europe’s most valuable private companies ASML Holding is investing 1.3 billion euros (S$2 billion) in France’s Mistral…
Edward Saatchi isn’t totally sure people will flock to Showrunner, the new AI-generated TV show service his company is launching publicly this week. But he has a vote of confidence from…
Meta Platforms bought a minority stake in the world’s largest eyewear maker EssilorLuxottica, a deal that increases the US tech giant’s financial commitment to the fast-growing smart…
Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan. PIF has already invested about US$200 million and plans to take about a…
The manager of Stoneweg European Business Trust (Sert) announced on Tuesday (Jun 24) that the stapled trust has made a 50 million euros (S$74.4 million) investment in the Stoneweg Icona…
True Beauty Ventures has added another business to its portfolio. The fund has taken a minority stake in Jupiter, the scalp care brand founded by Robbie Salter and Ross Goodhart. Financial…
Cathay Consumer Co-creation Fund, a Chinese investment vehicle co-established by L’Oréal, Kerying, Cathay Capital and Pernod Ricard, has made its first color cosmetics investment with…
PARIS – L’Oréal has made a minority investment in Jacquemus to fund the French fashion house’s ongoing retail growth and expansion into beauty, the two companies said on Friday. “Jacquemus…
