Reuters
Stories by Reuters
Gigafund, other investors in talks to help Elon Musk’s xAI raise $3b: WSJ
xAI in March launched an enhanced version of its chatbot Grok.
Tesla scraps low-cost car plans amid fierce Chinese EV competition
The automaker will continue developing self-driving robotaxis on the same small-vehicle platform.
Shell, Aramco in final stages of Temasek-owned Pavilion Energy talks
The assets could fetch more than $2 billion.
India’s Bharti Hexacom’s oversubscribed IPO gets bids worth over $8b
The company, 70% owned by India's No. 2 telecom operator Bharti Airtel, is set for its market debut on April 12.
Travel company Viking Holdings announces US IPO
The company is seeking to list its shares on the New York Stock Exchange.
India’s Zee to slash 15% of workforce to cut costs
The job cuts could affect nearly 700 employees at the company.
Nvidia, Indosat plan to build AI centre worth $200m in Indonesia
The facility will be located in Surakarta city.
Australia’s Suncorp to sell NZ life insurance business for $246m, shares rise
Its New Zealand general insurance business will remain a part of the group.
Beijing nudged Syngenta to withdraw $9b Shanghai IPO on market weakness
Large IPOs have often been cited by analysts as a reason for triggering the plunge of domestic stock markets
Asia business won’t be spun off, says HSBC chairman
The bank in February reported a 78% jump in 2023 pretax profit to $30b.