Elon Musk says he’ll withdraw his $97 billion bid for control of Sam Altman’s OpenAI— only if Altman agrees to halt the transition to a for-profit enterprise.
Tesla CEO Elon Musk and some investors made an unsolicited $97.4 billion “cash” bid for the nonprofit that controls OpenAI on Monday. But in a new tit […]
Talent, mainland Chinese students lose HK$13 million in Hong Kong rent scam
Hong Kong police have arrested 11 people on suspicion of cheating at least 150 talent scheme arrivals and mainland Chinese students out […]
Solana Bull Run Imminent? $42 Million SOL Outflow Sparks Optimism.
SOL, the native token of the Solana blockchain, is now gaining significant attention from experts and crypto enthusiasts following the formation of a […]
France’s Safran raises 2025 outlook after air traffic lifts profit.
French jet engine maker Safran raised its profit and cash forecasts for 2025 on Friday, after posting a 30% jump in annual […]
Mainland developer Greentown to issue US$350 million bond to refinance debt.
State-backed developer Greentown China said it would issue a US$350 million bond to help refinance its existing borrowings, the first major issuance […]
Japan’s Biggest IPO Since SoftBank Seeks to Raise $3 Billion.
An initial public offering from a key global supplier of semiconductor materials is seeking to raise about ¥460 billion ($3 billion) in […]
State Department halts plan to buy $400M worth of armored vehicles from Musk’s Tesla.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on […]
Saudi Arabia’s revenue rises to $336bn in 2024 as non-oil income surges .
Saudi Arabia’s total government revenues reached SR1.26 trillion ($336 billion) in 2024, marking a 4 percent increase from the previous year and […]
KKR Is Said to Consider Nissan Investment After Honda Talks End.
KKR & Co. is considering investing in Nissan Motor Co., people familiar with the matter said, after the struggling Japanese automaker’s talks […]
Saudi Arabia targeting $2.4tn in private sector investments with PIF’s support, minister says.
Saudi Arabia is looking to secure SR9 trillion ($2.39 trillion) in investments from the private sector, following a SR3 trillion kick-start from […]
JPMorgan, UBS, Nomura Face Korea Short-Selling Fines, Maeil Says.
South Korea’s financial regulator is imposing fines totaling 16 billion won ($11 million) on JPMorgan Chase & Co., Morgan Stanley, UBS Group […]