Tag: Business

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Taiwan firms in China hub make uneven restart

Taiwan firms making chip and electronic components reported a mixed picture on work resumption in the eastern Chinese city of Kunshan after COVID curbs,...

Honda to spend $64 BLN on R & D

Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade. This has laid out an ambitious target...

Yachtmaker Ferretti braves choppy waters with IPO valuing it at upto $1.2 BLN

Italian luxury yacht maker Ferretti Group launched a Hong Kong initial public offering. This values the company at up to $1.2 billion. Ferretti, whose...

Bentley to roll out one electric car annually for five years from 2025

Luxury carmaker Bentley unveiled plans to build a new electric model annually for five years from 2025. This announcement is after its annual profit...

Gulf markets mixed amid US ban on Russian oil

Major Gulf bourses traded mixed amid fears of a potential supply shock after the United States announced a ban on Russian oil imports. U.S....

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Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Smack Technologies, a defense technology startup developing artificial intelligence...

General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank

Investment firm General Atlantic is moving ahead with plans...

Six Banks Settle Mexican Bond Market Manipulation Case for $86.4 Million

Six major banks have agreed to pay $86.4 million...

Senate Delay Puts U.S. Crypto Bill’s Future in Doubt

The prospects for a landmark U.S. cryptocurrency bill have...

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