Amazon in talks to invest up to $50 billion in OpenAI
Amazon is in talks to invest dozens of billions in ChatGPT-maker OpenAI and the figure could be as high as $50 billion, a source told on Thursday. The discussion is…
Deutsche Bank Posts Biggest Profit Since 2007 Amid Money Laundering Probe
Deutsche Bank on Thursday reported its largest annual profit since 2007 after a stronger-than-expected fourth quarter, as German federal police searched the bank for a second day in connection with…
Apple projects up to 16% revenue growth for March quarter
Apple on Thursday forecast higher-than-expected revenue growth of up to 16% for the March quarter, powered by strong demand for its iPhones and a sharp rebound in China and accelerating…
Experian announces $1B share buyback programme
Credit data and analytics company Experian on Friday announced the launch of a new $1 billion share repurchase programme. The company added that its medium-term financial framework, capital allocation framework…
Indonesia financial regulator chief resigns after $80B market rout
Jakarta/Singapore: The chief of Indonesia's financial regulator and other officials of the body resigned on Friday in order to take "responsibility" for a massive market selloff this week, a statement…
Apple Prioritizes High-End iPhones for 2026, Delays Standard Model Rollout
Apple is prioritizing production and shipment of its three highest-end iPhone models for 2026 while delaying the rollout of its standard model due to a marketing strategy shift and supply-chain…
Trump threatens Canada with aircraft tariffs, decertification over Gulfstream approvals
Washington/Montreal: President Donald Trump said on Thursday the U.S. was decertifying Bombardier Global Express business jets and threatened 50% import tariffs on all aircraft made in Canada until the country's…
Panama Supreme Court Voids CK Hutchison Port Deals, Canal Operations in Limbo
Panama City/Hong Kong: Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear…
China clears DeepSeek to buy Nvidia H200 AI chips, terms pending
Singapore: China has given its top AI startup DeepSeek approval to buy Nvidia's H200 artificial intelligence chips with regulatory conditions that are still being finalised, two people familiar with the…
SpaceX in talks to merge with xAI ahead of planned blockbuster IPO
New York: SpaceX is in discussions to merge with xAI ahead of a blockbuster public offering planned for this year, reported on Thursday. The combination would bring Musk’s rockets, Starlink…