RRP Semiconductor Ltd. has emerged as one of the most extreme examples of how India’s enthusiasm for artificial intelligence-linked stocks can detach from corporate fundamentals. Once largely unknown, the company has drawn global attention after delivering the strongest share price gains worldwide, turning into a reference point for regulators and…
Indonesia faces a massive financial challenge in its shift to greener energy for captive power, requiring an estimated $31 billion in investment by 2030 and a total of $92 billion by 2050, according to a new report from the Just Energy Transition Partnership (JETP).The captive power sector, defined as electricity…
OpenAI has held early discussions with investors about raising fresh capital at a valuation of around $750 billion, The Information reported on Wednesday, underscoring the extraordinary pace of capital flowing into the artificial intelligence sector.According to the publication, the ChatGPT maker could seek to raise as much as $100 billion.…
Prominent New York investor, Standard General, has been approached about acquiring all or part of Warner Bros Discovery’s cable television business, including CNN, reported Financial Times.Soo Kim, founder of hedge fund Standard General, has held discussions about potentially buying or investing in WBD’s television networks, according to people familiar with…
Activist hedge fund Elliott Management has built a stake of more than $1 billion in Lululemon Athletica, positioning itself as one of the athletic apparel maker’s largest shareholders as it pushes for changes aimed at reviving the struggling brand, a source familiar with the matter told Reuters.The move comes at…
Indonesia faces a massive financial challenge in its shift to greener energy for captive power, requiring an estimated $31 billion in investment by 2030 and a total of $92 billion by 2050, according to a new report from the Just Energy Transition Partnership (JETP).The captive power sector, defined as electricity…
OpenAI has held early discussions with investors about raising fresh capital at a valuation of around $750 billion, The Information reported on Wednesday, underscoring the extraordinary pace of capital flowing into the artificial intelligence sector.According to the publication, the ChatGPT maker could seek to raise as much as $100 billion.…
Prominent New York investor, Standard General, has been approached about acquiring all or part of Warner Bros Discovery’s cable television business, including CNN, reported Financial Times.Soo Kim, founder of hedge fund Standard General, has held discussions about potentially buying or investing in WBD’s television networks, according to people familiar with…
The US Federal Reserve has lifted formal supervisory notices that required Citigroup to address weaknesses in its trading risk management. According to a Reuters exclusive, the decision marks a meaningful easing of regulatory pressure on the third-largest US bank, which has spent years working through control and data issues. The…
The FTSE 100 Index jumped by 20% in 2025, reaching its all-time high of £9,945. It has soared by nearly 30% from its lowest level in April, a performance that has mirrored that of other global indices like the S&P 500 and the Nasdaq 100. This article looks at the…