Business
New Zealand central bank says former head quit over funding dispute
Former New Zealand central bank governor Adrian Orr’s surprise resignation in March was due to his disagreements with the treasury over…
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funding
Business
Lightstone Ventures, Temasek’s ClavystBio co-lead Allay Therapeutics’ US$57.5 million Series D funding
The company’s technology is used to create analgesic products that can aid patients with post-surgical pain management and recuperation…
Business
Trump Escalates War on Harvard With Final Massive Blow to Funding
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
LVMH-backed Biotech Firm Sparxell Secures 1.9M Euros in Funding
LONDON— Sparxell, a Cambridge-based plant-based colorant start-up, has secured 1.9 million euros in funding from the European Innovation…
News
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Hong Kong’s key interbank borrowing cost…
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‘We are witnessing ecocide’: Santander accused of funding vast deforestation
Sergio Rojas recalls how, as a child, he would see bulldozers rolling into Argentina’s Gran Chaco region, razing the forests to the ground…
Business
Newsom proposes $20-million funding cut for California newsrooms, citing budget issues
Gov. Gavin Newsom proposed slashing funding by 67% for a pioneering deal with Google to support struggling California newsrooms, citing…
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The Show Can’t Go On
Funding shifts at three of the largest philanthropic foundations have brought turbulence and uncertainty to the intricate New York support…
Business
Europe is shifting from supplying weapons to Ukraine to funding its defense industries
The EU is providing funds to help boost Ukraine's domestic arms manufacturing. It's a strategy to make Ukraine more self-reliant and ease…
Business
Women’s health supplement brand Moom Health bags S$3.5 million funding
Investors include Eu Yan Sang founders’ family office and investment firm backed by Wilmar International co-founder and chairman Kuok…
Business
Tesla’s Saudi Arabia entry puts ‘funding secured’ feud to rest
Tesla is opening up shop in Saudi Arabia in the latest sign Elon Musk has put to rest a once-bitter feud with one of the kingdom’s most…
Business
An AI 'gold rush.' What to know about OpenAI's record $40-billion funding round
SAN FRANCISCO — ChatGPT maker OpenAI this week announced it raised a whopping $40 billion as it races to dominate a competitive AI…
Business
OpenAI finalizes a record $40-billion funding round
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from…
Business
OpenAI nears record US$40 billion funding round led by SoftBank
OpenAI is close to finalising a US$40 billion funding round led by SoftBank Group – with investors including Magnetar Capital, Coatue…
Business
Toronto waterfront revitalisation plan gets $680m funding
The governments of Canada and Ontario, and the City of Toronto have jointly announced a investment of C$975m ($679.5m) to expedite…
News
DOJ halts legal programs for detained immigrants, cuts off advocates' access to facilities
Lawyers providing detainees with basic legal information in federal immigration detention centers were shut out of facilities last week…
Business
Asia private credit funding hits eight-year low on China slump - The Business Times
ASIA’S private credit market faces diverse challenges in 2025 after fundraising dropped to an eight-year low and concerns over China’s…
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Karen Bass: LA Mayor Drastically Cut Fire Department Funding and Handed Out Rich Contracts to City Workers Months before Catastrophic Wildfires
Los Angeles was forced to slash funding at a major scale for its fire department after Mayor Karen Bass approved a number of lucrative…
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Karen Bass: LA Mayor Cut Fire Department Funding by Nearly $18M and Diverted It to Homeless Spending Months Before Wildfires Wiped Out Cities
Los Angeles Mayor Karen Bass came under intense criticism on Wednesday after it was revealed that she cut the city's Fire Department…
News
Romanian prosecutors conduct raids linked to funding of Georgescu's campaign
BUCHAREST, Romania (AP) — Romanian prosecutors conducted raids on Saturday linked to a man suspected of illegally financing a campaign to…
Business
Breaking the Barriers: The Challenges and Opportunities for First-Time Founders in Startup Funding
The Funding Landscape: A Daunting Start The startup world is vast, with over 150 million ventures globally. Every year, more than 6.5…
Business
Eurozone banks are vulnerable to US funding squeeze: ECB
The growing dependence on US dollars and the stronger link between banks and non-banks pose risks to the eurozone’s financial system…
Business
AI startup funding hit a record in L.A. area last quarter. Here's who got the most money
The Bay Area has long held the title for attracting the most venture capital funding in the nation, and that naturally includes the hot…
Business
Coinbase pledges further US$25 million of political funding for crypto
Coinbase Global committed another US$25 million of funding to Fairshake, a political action committee for the digital-asset industry that…