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The sale comes a few months after FineToday’s second attempt to list on the Tokyo Stock Exchange failed in October Private equity firm CVC Capital Partners has agreed to sell…
All shareholders of NSE will be given the option to participate in the secondary sale as part of the IPO Temasek Holdings and Life Insurance Corporation of India (LIC) are likely…
BANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday. The investment would form part of a…
The move comes after the private equity player put Goodpack up for sale in October 2024, based on media reports Reusable bulk container provider Goodpack has switched hands once again,…
Both Samsung and SK Hynix will announce their fourth-quarter earnings on Thursday Samsung Electronics plans to start production of its next-generation high-bandwidth memory (HBM)…
Saks Global’s potential path into the future might be narrowing. While industry dealmakers said earlier this week that the retailer was in talks with Amazon as it races to fix its…
WARNER Bros Discovery will likely reject Paramount Skydance’s amended US$108.4 billion hostile bid for the storied Hollywood studio despite a personal guarantee from billionaire Larry…
The market is now dominated by Chinese firms, which sold nearly one million cars in Russia in 2024 out of total sales of 1.6 million units [SEOUL/MOSCOW] South Korean automaker Hyundai is…
Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to revive the struggling…
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores THE US Federal Trade Commission is probing Instacart, two sources familiar with…
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest data centre partner, Blue Owl Capital, will not…
AMAZON is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over US$500 billion, a source familiar…
A grand jury declined for a second time to re-indict New York Attorney General Letitia James on Thursday, refusing to resurrect a mortgage fraud prosecution encouraged by President Donald…
Fullerton Fund Management, backed by Temasek Holdings, has sharply scaled back its China private fund operations after years of struggling to build scale, a person with direct knowledge of…
Federal authorities are preparing a targeted immigration enforcement operation in Minnesota that would primarily focus on Somali immigrants living unlawfully in the U.S., according to a…
The bids represent the first step in the possible sale of all or part of the century-old Hollywood studio Warner Bros Discovery has received preliminary bids for the media company from…
Since 2022, America has had a solid lead in artificial intelligence thanks to advanced models from high-flying companies like OpenAI, Google DeepMind, Anthropic, and xAI. A growing number…
The automaker plans to cut output of the Rogue sport-utility vehicle by about 900 vehicles in the week starting Nov 10 Nissan Motor will cut production of its top-selling Rogue SUV in…
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the expiry of key US tax credits that had supported…
European roboticists today released a powerful open-source artificial intelligence model that acts as a brain for industrial robots—helping them grasp and manipulate things with new…
Cable giant Charter Communications is laying off close to 1,200 employees, or just over 1% of its 95,000-person workforce, a source familiar with the matter told Reuters on Tuesday. The…
Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point Bonita Capital fund, according to a person familiar with…
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off nearly 20 per cent of its Vision Fund team globally…
Why Nina Dobrev And Shaun White Broke Up: Report Last Thursday, People published reports that Nina Dobrev and Shaun White have called it quits after five years together. The split comes…
