Business
Musk wins US court appeal of US$56 billion Tesla pay package
A DELEWARE appeals court cleared the way Friday for tech CEO Elon Musk to receive a long-contested US$56 billion Tesla pay package,…
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Business
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major…
News
Sales of Trump immigration gold card top $1 billion
The U.S. has made $1.3 billion so far from the sale of immigration gold cards, Commerce Secretary Howard Lutnick said. Source link
Business
India’s Adani seeks to operate more airports as part of US$11 billion expansion
The group currently manages seven airports across the country, with plans to aggressively bid for 11 more [MUMBAI/NEW DELHI] India’s Adani…
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Trump signs massive $901 billion defense policy bill into law
President Trump signed the National Defense Authorization Act into law Thursday, ensuring the Pentagon gets a whopping $901 billion for…
Business
Will Money Talk? Elliott Takes $1 Billion Stake in Lululemon, Pushes for Ralph Lauren Exec to Be Next CEO
Lululemon Athletica founder Chip Wilson has been agitating for change, and the outspoken critic now has activist investor Elliott…
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Trump administration reveals plans for arms sales to Taiwan, worth over $10 billion
The Trump administration has announced a massive package of arms sales to Taiwan valued at more than $10 billion that includes…
Business
Trump Media, fusion power firm TAE Technologies combine in US$6 billion deal
Under the deal, shareholders of both companies will own about 50% of the combined entity US President Donald Trump’s social media firm is…
Business
Elliott takes over US$1 billion stake in Lululemon: source
Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO…
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China sues after Missouri seeks to collect on $25 billion court judgement, prosecutor says
Missouri's top prosecutor said China is suing after the state pressed federal officials for help collecting on a roughly $25 billion court…
Business
2 big rail unions oppose $85 billion Union Pacific-Norfolk Southern merger
The proposed $85 billion merger of Union Pacific and Norfolk Southern railroads has lost the support of two unions that represent more…
Business
Oracle data centre plan hit as Blue Owl walks from US$10 billion deal: source
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest…
Business
Warburg Pincus to invest up to US$1 billion in corporate services firm Acclime
The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg…
Business
Warburg Pincus invests in corporate services firm Acclime, valuing it at US$1 billion
The private equity firm beat rivals Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg Pincus…
Business
Apollo weighs potential US$12 billion sale of Atlas Air
Apollo Global Management is exploring a potential sale of its aviation company Atlas Air Worldwide Holdings, according to sources familiar…
Business
Japan’s Mizuho to buy majority of India’s Avendus from KKR for up to 81 billion yen
Japan’s Mizuho Securities on Wednesday (Dec 17) said that it will buy a majority stake in Indian investment bank Avendus from US…
Business
Nike Cofounder Phil Knight Takes Top Philanthropist Spot of 2025 With Record $2 Billion Donation
Nike co-founder Phil Knight was the top charitable donor of 2025, according to new research from The Chronicle of Philanthropy. In its…
News
Trump Sues BBC Demanding at Least $10 Billion in Damages Over Edited Jan. 6 Documentary
President Donald Trump has followed through on his threat to sue the BBC over the U.K. broadcaster’s documentary that edited his comments…
Business
Elon Musk’s fortune soars above US$600 billion on new SpaceX valuation
The company is the biggest player in the orbital launch industry with its Falcon 9 rockets Elon Musk’s wealth has reached a new high,…
Business
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
The company will focus on a family of smaller, affordable electric vehicles instead FORD on Monday announced a major retreat from large…
News
Ford takes $19.5 billion charge as it retreats from EVs
Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic…
Business
Interest in money market funds in Singapore falls 44% quarter on quarter to S$1.5 billion in Q3: Morningstar
Singaporean investor interest in money market funds waned in the third quarter of 2025, with net inflows of S$1.5 billion, down 44 per…
Business
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year Hong Kong’s Hang…
Business
SMBC Asia inks debut US$3.2 billion SRT with Blackstone, Stonepeak
Globally, synthetic risk transfer volumes are projected to expand 11% annually over the next two years Sumitomo Mitsui Banking…