Business
Billions of meals at risk due to Iran war, says fertiliser boss
The interruption to supplies of fertiliser and its key ingredients due to the war in Iran could cost up to ten billion meals a week…
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Business
Foreign Investors Pull Billions From Asian Tech Stocks As AI Sell-Off Spreads
Foreign investors are sharply cutting exposure to Asian equities, particularly technology stocks, as a global sell-off in high-growth tech…
Business
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is…
Business
Waymo in talks to raise billions at over US$100 billion valuation: report
ALPHABET unit Waymo is in talks with potential investors to raise money at a valuation of at least US$100 billion, The Information…
Business
Saudi Aramco weighs raising billions of dollars from its biggest disposals yet
Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, people familiar with the matter said, deals…
Business
Crypto giants moved billions in illegal funds despite crackdown
Regulators and law enforcement have tried to push crypto exchanges to implement anti-money laundering safeguards WHEN US President Donald…
Business
Anthropic to use Google’s AI chips worth tens of billions to train Claude chatbot
ANTHROPIC is expanding its deal with Google to use as many as one million of the tech giant’s artificial intelligence chips, worth tens of…
Business
Anthropic, Google in talks on cloud deal worth tens of billions
Anthropic PBC is in discussions with Alphabet’s Google about a deal that would provide the artificial intelligence (AI) company with…
Business
Billions wiped off Nio’s market value as shares plunge 9.5% on news of GIC lawsuit
The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue Shares of Nio…
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Space Horror: Rogue Planet Spotted Feasting on Billions of Tonnes of Gas in Deep Space
A young rogue planet 622 light-years away from Earth is going through a remarkable growth spurt. Sounds great, isn't it? A planet called…
Business
Boeing 777X to slide into 2027, driving billions in charges
The jet, already six years late, is of major strategic and financial importance to the company in its duel with Airbus for a bigger slice…
Business
China’s green tech firms pour billions into overseas factories
Industry giants, including Contemporary Amperex Technology, BYD and Trina Solar, have announced billions on overseas factories in more…
Business
Zuckerberg says Meta will invest hundreds of billions in superintelligence
Mark Zuckerberg said on Monday (Jul 14) that Meta Platforms would spend hundreds of billions of US dollars on computing power to build…
Business
Private credit funds target billions in retail demand from Asia
From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last…
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Blind Spot: Johns Hopkins Surgeon's New Book Reveals Billions Wasted on Unnecessary Surgeries, Medical Errors
A new book by Marty Makary, a surgeon at Johns Hopkins Hospital, focusing on rising concerns over medical overtreatment and inefficiencies…
Business
Commodity traders still rake in billions as profit bonanza wanes
The world’s largest commodity traders are still making historically elevated profits, even as less-volatile markets mean their earnings…
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Mega Millions jackpot: How to watch draw for winning numbers
The Mega Millions jackpot has surged to $1.22 billon—the fifth-largest in the lottery game's history—as the drawing is set for 11 p.m. ET…
Business
Billions of dollars, bold action: Emerging markets battle a surging greenback
From Brazil to South Korea, emerging-market central banks are forming a line of defence as a rising US dollar pushes their currencies to…
Business
Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices. Alibaba…
Business
As Trump hits Harris on inflation, markets bet billions he'll make it worse
Wall Street is growing increasingly confident that Donald Trump will return to the White House. Billions are pouring into sectors like…