Elon Musk’s XAI Holdings is in discussions to raise US$20 billion
Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence (AI) startup and social media business,…
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US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting US prices by as much as 12.9 per cent if passed on, a report…
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
SIA will also beef up its operational processes by integrating OpenAI’s advanced AI models into its existing tools Singapore Airlines (SIA) has partnered ChatGPT-maker OpenAI to develop…
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion rupees (S$1.2 billion) from Warburg…
Elton John and Brandi Carlile Unite to Raise $1 Million to Offset Trump Cuts in HIV/AIDS Relief Funding
The Elton John AIDS Foundation and Brandi Carlile’s Looking Out Foundation announced an initiative — the “Who Believes In Angels?” Campaign — to offset recent cuts to HIV/AIDS relief…
California lawmakers tackle potential dangers of AI chatbots after parents raise safety concerns
When her 14-year-old son took his own life after interacting with artificial intelligence chatbots, Megan Garcia turned her grief into action. Last year, the Florida mom sued Character.AI,…
Malaysian stem cell therapy provider Yakin Medic aims to raise RM100 million in Catalist IPO: report
STEM cell therapy provider Yakin Medic is planning to list on the Catalist board of the Singapore Exchange as part of plans to expand into new markets, Malaysian newspaper The Star…
Meta in talks to raise US$35 billion for data-centre financing led by Apollo
APOLLO Global Management is in talks to lead a roughly US$35 billion financing package for Meta Platforms to help develop data centres in the US, according to sources with knowledge of the…
Chinese firms dump Europe for Hong Kong to raise funds
CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator tightened some rules, pushing many issuers to sell shares…
Sabina Bilenko to Raise 500,000 Pounds to a Million Pounds on Crowdcube
LONDON — Sabina Bilenko, the label founded by Uzbekistani-born twin sisters Sabina and Diana Bilenko, is on a mission to raise 500,000 pounds to 1 million pounds in a crowdfunding campaign…
DeepSeek rally helps Chinese tech firms raise more funds
Listed Chinese companies have raised more than US$1 billion globally through placements so far this year, with most of it in February THE stars are aligned for Chinese technology companies…
China’s Sany Heavy Industry aims to raise up to US$1.5 billion in planned Hong Kong listing: sources
CHINESE manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two sources familiar with the matter said on Tuesday (Feb 18). The…
Cult-favorite Swiss Skin Care Brand Alchimie Forever Wants to Raise Its Profile With First Lip Launch
Swiss skin care brand Alchimie Forever is looking to broaden its horizons. Launched in 2004 by Ada Polla, daughter of Forever Institut founder and dermatologist Dr. Luigi Polla, the…
Directors raise interests in S-Reit & property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the net outflow…
Directors raise interests in S-Reit and property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional outflow of S$169 million. This brings the net outflow…
Chinese tea drinks firm Guming aims to raise US$202 million in Hong Kong IPO
CHINESE bubble tea drinks company Guming Holdings is aiming to raise up to US$202 million in a Hong Kong initial public offering (IPO), according to regulatory filings on Tuesday (Feb 4).…
Kenya human rights groups raise concerns over abductions of government critics
NAIROBI, Kenya (AP) — The Kenya National Commission on Human Rights has raised concerns over the rising number of government critics who were apparently abducted as four people were…
Battery-maker CATL considers Hong Kong listing to raise US$5 billion
CONTEMPORARY Amperex Technology Co Limited (CATL) is considering a second listing in Hong Kong that could raise at least US$5 billion, making it the city’s biggest since early 2021,…
Trump is threatening to raise tariffs again. Here's how China plans to fight back
TAIPEI, Taiwan — President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago.…
New US solar tariffs on South-east Asia to raise prices, cut profit margins
A NEW round of US solar panel import tariffs on South-east Asian producers is expected to raise consumer prices and cut into producer profit margins, but was largely anticipated by…
Opinion: Trump promised to raise taxes, but Biden and Congress could tie his hands
Now that Donald Trump will be headed to the White House, it is all but certain that he will pursue significant new taxes on imported goods. Although a widely criticized policy, there is…
Chinese driverless-tech firm Pony AI said to raise US$260 million in US IPO
The Guangzhou-headquartered company priced its American depositary shares at US$13 each PONY AI raised US$260 million after pricing its US initial public offering at the top of the…
Seven & i founding family aims to raise 8 trillion yen for buyout this year: NHK
THE founding Ito family behind Japanese retailer Seven & i aims to raise more than 8 trillion yen (S$70 billion) to take it private by the end of this financial year, Japanese public…
Boeing bankers grab up to US$300 million in capital raise fees
BOEING’s US$20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool ahead of the US election. Goldman Sachs, Bank of America,…