The low valuation suggests founder Liang Wenfeng still favours innovation over profits. A $300 mln fundraise should help retain talent, but whether DeepSeek can keep up with US rivals OpenAI and ...
The economy will barely expand by 2030, despite Chancellor Friedrich Merz's 500-bln-euro fiscal stimulus. The ...
Shares in Mukesh Ambani's $200 bln group have underperformed the broader Indian market as the Iran conflict weighs on its refining cash cow. But a swift end to the war may not bring relief: ...
The activist has taken a stake in Japan’s $41 bln Daikin. Shares in the maker of heat pumps and data centre-cooling tech ought to be flying like rival Johnson Controls’ but previous leaders ...
Even as sales sag, the $1.5 trln carmaker posted better-than-expected results, if by holding off on an investment spree.
Elon Musk’s rocket-maker secured the right to buy AI coding tool Cursor. It may benefit from his chip hoard. But agreeing to pay so much for a racy startup with a tough business model while ...
If the UK prime minister’s current travails prove terminal, investors have fretted about a more spendthrift successor. In the quest to reduce welfare spending below 10% of GDP and raise public ...
The German telco owns 53% of its $215 bln US unit, and is now exploring a full merger, as per Bloomberg. A tie-up would give the majority shareholder full control of its prize asset – but could ...
Washington has flagged it would give the Gulf state financial assistance if it so needed. The US also says the UAE may not need a full dollar swap line. With financial buffers over 500% of GDP, ...
Fuel and fertilizer costs are rising while falling soybean exports led to a record $44 bln agricultural imbalance. The ...
The Swedish firm’s $15.6 bln haul shows regional funds are rising from the ashes after a slump, but not everyone’s taking wing. China-heavy legacy shops will struggle as investors splash cash on ...
Amazon will invest up to $25 bln in the Claude maker, which plans to buy $100 bln of the tech giant’s computing power.
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