News
UK minister aims for ‘timely sale’ of Telegraph to Daily Mail owner
DMGT said the deal would comply with Britain’s Foreign State Influence regime to block foreign state control of UK newspapers[LONDON] British culture minister Lisa Nandy said on Monday she...
Wee Hur Holdings prices S$30 million notes due 2030 at 4.8%
[SINGAPORE] Property developer Wee Hur on Monday (Nov 24) launched and priced S$30 million worth of fixed-rate notes due in 2030 at 4.8 per cent.Pursuant to Wee Hur’s S$500...
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[DUBAI] Property developers in the United Arab Emirates are raising billions...
Investors eye holiday season turbulence amid AI and rate cut doubts
A crucial uncertainty set to dog markets in coming days is whether the Fed will cut rates at its Dec 9 to Dec 10 meeting[NEW YORK] Stock market investors...
Judge temporarily blocks OpenAI from using ‘Cameo’ in video-making app Sora
A federal judge has temporarily blocked OpenAI’s use of several monikers, including “Cameos” and “CameoVideo,” for elements of its Sora artificial intelligence video generation products and marketing.U.S. District Judge...
Canva’s Obrecht says firm eyeing IPO in ‘next couple of years’
[SYDNEY] Canva, Australia’s most high profile startup, has had a surge in users of its new product suite as it builds toward listing as a public company, one of...
TPG, Warburg weigh US$500 million stake in India-rooted Sirion
[MUMBAI] TPG Capital and Warburg Pincus are in early talks to buy a stake in Sirion Labs, a Partners Group Holding-backed software business managing and automating contracts, according to...
Judge in Google ad tech case seeks quick fix for web giant’s monopolies
[ALEXANDRIA] The US judge considering whether to order a breakup of Google’s advertising technology business asked the Department of Justice (DOJ) on Friday (Nov 21) how quickly such a...
Exxon freezes plans for major hydrogen plant amid weak customer demand
[HOUSTON] Exxon Mobil has paused plans to build what would be one of the world’s largest hydrogen production facilities due to weak customer demand, CEO Darren Woods told Reuters...
US stocks jump on Fed rate cut bets but lose ground on the week
[NEW YORK] Wall Street stocks closed sharply higher on Friday (Nov 21) as rising expectations of a December interest rate cut by the Federal Reserve offset concerns over lofty...
