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 ...
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 economy will barely expand by 2030, despite Chancellor Friedrich Merz's 500-bln-euro fiscal stimulus. The ...
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 ...
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, ...
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 ...
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 ...
The Fed chair nominee nodded to central bank independence but shrugged off President Trump’s attacks. Reshaping a $7 trln ...
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