Business
Value of Huntington Beach defense tech startup balloons to $1.8 billion
California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company’s valuation to $1.8…
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California Puts $5 Billion at Risk over Gender Scheme in Schools | National Review
A federal investigation finds that the state government elbowed parents aside in order to keep students’ gender-transition plans secret.…
Business
EBay to Acquire Depop for $1.2 Billion
EBay Inc. has agreed to acquire Depop — a consumer-to-consumer fashion marketplace with re-commerce roots and a Gen Z and Millennial…
Business
A RM11 billion takeover battle is testing Malay economic clout. Malaysia PM Anwar now holds all the cards
Malaysian Prime Minister Anwar Ibrahim holds the fate of Sunway’s RM11 billion (S$3.5 billion) takeover bid of IJM in his hands, as racial…
Business
Macquarie-led group to buy Qube Holdings for A$11.7 billion
A group led by Macquarie Asset Management will buy Qube Holdings in a deal worth around A$11.7 billion (S$10.5 billion), as the Australian…
Business
Uber targets US$1 billion boost with 2026 European expansion
The company expects the move to generate an additional US$1 billion in gross bookings over the next three years Uber plans to expand its…
Business
Hapag-Lloyd in talks to buy Israel’s Zim Integrated Shipping; sale price to exceed US$3.5 billion
Zim will be delisted from the New York Stock Exchange once the necessary regulatory and government approvals come through G-LLOYD is in…
Business
ThaiBev Q1 Ebitda up 1.8% at 16.7 billion baht despite lower revenue
Mainboard-listed Thai Beverage (ThaiBev) on Friday (Feb 13) said its sales revenue for the first quarter ended Dec 31, 2025 fell by 6 per…
Business
GDS-backed DayOne to pick banks for US$5 billion US IPO, sources say
DayOne Data Centers has selected banks to help arrange a US initial public offering (IPO) that may raise about US$5 billion, sources said.…
Business
Anthropic clinches US$380 billion valuation after US$30 billion funding round
ROPIC has raised US$30 billion in its latest funding round, more than doubling the Claude chatbot maker’s valuation to US$380 billion and…
Business
Blackstone folds hedge fund seeding into US$60 billion business
SAF typically gives emerging managers locked-up startup capital in the region of US$150 million, in exchange for a cut of their revenue…
Business
GIC weighs selling stake in European data centre JV for up to one billion euros
is considering a sale of its 80 per cent stake in a European data centre joint venture (JV), a potential deal that could value the…
Business
Singtel Q3 net profit up 43.5% at S$1.9 billion on exceptional gain from Airtel stake sale
Optus is ‘continuing to invest in strengthening resilience’ after an independent review into the Triple Zero outage, says Singtel group…
Business
Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per…
Business
Societe Generale launches 1.5 billion euro buyback after profit beat estimates
The reacquisition follows two extraordinary share repurchase programmes launched in 2025, worth one billion euros each Societe Generale…
Business
Frasers Property logs S$1.4 billion in pre-sold residential revenue, boosted by China sales
The company launched the first phase of unit sales at the Fang Song Community high-end residential project in Shanghai Frasers Property…
Business
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Stellantis shares fell the most on…
Business
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18 A relentless sell-off in…
Business
Michael Saylor’s crypto project pounded after US$12.4 billion loss
Bitcoin’s plunge below US$65,000 is intensifying the crisis rocking the digital-asset complex, and few companies are more exposed than…
Business
Amazon says it will spend US$200 billion this year on AI build-out
Amazon.com said that it plans to spend US$200 billion this year on data centres, chips and other equipment, worrying investors the…
Business
Syngenta targets up to US$10 billion Hong Kong listing in 2026: sources
[ZURICH/HONG KONG] Syngenta Group is targeting a Hong Kong listing that could raise as much as US$10 billion this year, two sources with…
Business
Baidu approves US$5 billion share buyback, first dividend
The Internet company joins larger peers Tencent Holdings and Alibaba Group Holding in enhancing shareholder returns U announced a…
Business
‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
The lender plans to roll out same-day outbound remittances from China by the second half of 2026 DBS is aiming to reach S$100 billion in…
Business
TSMC plans US$17 billion investment in three-nanometre chip production in Japan: report
Taiwan Semiconductor Manufacturing Company (TSMC) plans to mass produce advanced three-nanometre chips in Kumamoto in southern Japan with…