Investing

UK Invests $273 Million in Cutting-Edge AI Supercomputer

The UK is gearing up for a technology leap with a £225 million (around $273 million) investment in a top-of-the-line…

1 year ago

Stellantis Teams Up with Leapmotor in $1.6 Billion Investment for Chinese EV Market

Stellantis, the company behind Jeep and Dodge, is making a big move in the electric vehicle (EV) market. They're investing…

1 year ago

South Korea and Saudi Arabia Forge $15.6 Billion Partnership for Economic Diversification

A new era of economic cooperation is unfolding between South Korea and Saudi Arabia, as the two nations embark on…

1 year ago

Roche to Invest $7.1 Billion in Game-Changing Inflammatory Disease Treatment

Swiss healthcare leader, Roche, is making waves with a $7.1 billion deal to acquire Telavant Holdings, a key player in…

1 year ago

Chevron’s $53 Billion Acquisition of Hess Corp Marks Major Oil Merger

In a significant move within the oil industry, Chevron has announced its acquisition of Hess Corp for a staggering $53…

1 year ago

Chinese Tech Giants Invest $341 Million in Zhipu, China’s Answer to OpenAI

Prominent Chinese technology companies, including Alibaba and Tencent, are backing Zhipu, an emerging artificial intelligence startup aimed at rivaling American…

1 year ago

Gaming Industry’s $45 Billion Cash Reserves Set the Stage for Market Consolidation

Gaming companies, many of them publicly listed, are currently holding a substantial $45 billion in cash and cash equivalents, paving…

1 year ago

Is China’s Trillion-Dollar Bet on the Belt and Road Initiative Paying Off?

China is celebrating a remarkable milestone with the grand 10th-anniversary celebration of its Belt and Road Initiative (BRI), a massive…

1 year ago

Should Tesla Embrace Billion-Dollar Advertising to Offset Price Cuts and Boost Sales?

Electric vehicle giant Tesla, a favorite of many, is facing investor pressure to consider billion-dollar advertising as a means to…

1 year ago

Microsoft Completes $69 Billion Acquisition of Activision Blizzard Following Regulatory Approval

Microsoft has successfully closed its $69 billion acquisition of video game publisher Activision Blizzard, marking its largest-ever deal in 48…

1 year ago