Singapore-based startup Higgz Academia Technology Pte is in discussions with potential investors to lift its $100 million valuation in a fresh funding round and capitalize on OpenAI’s ChatGPT phenomenon.
Mercedes-Benz AG reported better-than-expected preliminary earnings in the first quarter as the automaker’s push further upmarket helped it overcome higher raw-material costs.
Indonesia’s ruling party has chosen Central Java Governor Ganjar Pranowo, seen as a natural successor of incumbent leader Joko Widodo, as its presidential nominee in a move that will trigger election campaigning in the world’s third-largest democracy.
Brookfield Asset Management Ltd. has submitted a £2.1 billion ($2.6 billion) takeover proposal for Middle Eastern credit card processor Network International Holdings Plc, topping a rival buyout consortium.
Hedge fund manager Tom Wagner is close to buying a stake in Birmingham City Football Club, according to people familiar with the matter.
Glencore Plc, which is in the middle of a fight to buy Canadian mining rival Teck Resources Ltd., said it’s on course for yet another bumper year of trading commodities.
Japanese banks have reduced interest-rate risk and the financial system remains sound despite stresses seen in the US and Europe, the central bank said.
An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul of a Group of Seven price cap relating to the transportation of the nation’s barrels.
China’s push to become self-reliant in the technology sphere is driving more European companies operating there to rethink their research and development plans, according to a report published Friday by the European Union Chamber of Commerce in China.
Rakuten Bank Ltd. surged 38% in its debut in Tokyo on Friday following Japan’s largest initial public offering since 2018.
