Business
GM to take US$6 billion writedown on EV pullback
GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit General Motors said on Thursday it would…
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Business
BP to sell 65% stake in Castrol to Stonepeak for US$6 billion
The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt BP said on Wednesday (Dec…
Business
Trump Media, fusion power firm TAE Technologies combine in US$6 billion deal
Under the deal, shareholders of both companies will own about 50% of the combined entity US President Donald Trump’s social media firm is…
Business
Dubai property frenzy sets developers on a US$6 billion debt spree
From Islamic bonds to private credit, they ride one of the Gulf country’s longest real estate booms in years Property developers in the…
Business
Crypto sees more than US$6 billion in liquidations
(Bloomberg) – Cryptocurrency prices tumbled after US President Donald Trump said he would impose an additional 100 per cent tariff on…
Business
Centurium considers stake sale in US$6 billion Taibang Biologic: sources
Chinese private equity firm Centurium Capital is considering selling its stake in Taibang Biologic Group, people familiar with the matter…
Business
OpenAI staffers to sell US$6 billion in stock to SoftBank, other investors
Current and former OpenAI employees plan to sell approximately US$6 billion worth of shares to an investor group that includes Thrive…
Business
AI chip startup Groq discusses US$6 billion valuation, The Information reports
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion…
Business
CATL breaks ground on US$6 billion Indonesia battery venture
world’s top maker of electric-vehicle batteries broke ground on a US$6 billion battery material ecosystem in Indonesia as the government…
Business
AI chipmaker AMD unveils US$6 billion buyback plan
Advanced Micro Devices (AMD) on Wednesday (May 14) announced a new US$6 billion stock buyback plan, joining a string of chipmakers that…
Business
GM to increase dividend by 25%, buy back another US$6 billion of shares
The US automaker expects EV operating losses will narrow this year by US$2 billion from undisclosed levels GENERAL Motors said on…
Culture
Spotify weighs US$6 premium for added features, access to tickets
SPOTIFY Technology is looking to charge as much as US$5.99 a month on top of existing subscriptions for a new super-fan streaming service…
Business
United Hampshire US Reit Q3 distributable income falls 14.6% to US$6 million
UNITED Hampshire US Reit’s distributable income for the third quarter ended Sep 30 declined 14.6 per cent to US$6 million, from US$7.1…
Business
Tencent-backed Airwallex seeks funding at US$6 billion value
FINTECH company Airwallex is in talks with investors to raise about US$200 million in a new funding round to finance its growth, according…
Business
Boeing CEO presses turnaround as loss balloons to US$6 billion
BOEING CEO Kelly Ortberg laid out a turnaround plan on Wednesday (Oct 23), calling for a “fundamental culture change” at the struggling…