Amazon, SoftBank and Nvidia could lead what would be the largest private round ever. Yet with $280 bln of possible cash burn by 2030, using HSBC forecasts, the ChatGPT maker will need more before long ...

Brussels may soon propose boosting European industry by forcing governments to favour EU content. Electric cars may have to include 70% local parts to get subsidies, for example. It’s a welcome move, ...

Tether, with $184 bln in issue, dominates dollar-pegged tokens. Yet its equity buffer has shrunk while investments backing the coin are riskier. As bitcoin falls, the risks of a panic are rising. That ...

The $9.3 bln Swiggy is under pressure to stem losses from its quick delivery service without sacrificing growth. But rivals are stepping up discounts to grab market share. For Swiggy and others hoping ...

Like rivals, South Korea's $448 bln SK Hynix is enjoying record earnings. Yet the artificial intelligence boom has sharpened the discount this frontrunner in cutting-edge data storage circuits trades ...

The direct lender has a fix for a troubled $1.7 bln retail fund: stop withdrawals, sell 35% of the loans and wind it down. Liquidating without losses is a key test of the red-hot vehicles. The last ...

Governor Pritzker wants platforms to pay fees per Illinois user to raise $200 mln for education. Excess screen time costs US firms vast sums and stunts child development. Taxing platforms makes sense.

From SAP to Salesforce and ServiceNow, shares have fallen over 40% in an artificial intelligence-fuelled selloff. If executives believe the stock collapses are overdone, they can use their own cash to ...

Russia is trying to sell $35 bln of seized assets to plug its fiscal deficit as its budget is gasping for air. It can still finance the Ukraine war, but the state’s tighter control of a slowing ...