LONDON: Vietnamese budget airline VietJet owes a leasing firm just over US$180 million in a dispute over four planes, London’s…
Category: Business
Barclays Wins Dismissal of Two U.S. Lawsuits Over $17.7 Billion Issuance Error
Barclays successfully defeated two U.S. securities fraud lawsuits on Friday related to its unauthorized sale of $17.7 billion in securities—far…
Nvidia-Backed CoreWeave Targets Up to $32 Billion Valuation in U.S. IPO
March 20, 2025 – CoreWeave, a cloud services provider backed by Nvidia, is aiming for a valuation of up to…
Businessman linked to The Pirate Bay dies in Slovenia plane crash
LJUBLJANA: Swedish businessman Carl Lundstrom, owner of the internet provider that hosted the illegal file-sharing site The Pirate Bay, has…
UK drops antitrust probe into Microsoft and OpenAI tie-up
LONDON: Britain dropped its probe into Microsoft’s partnership with ChatGPT maker OpenAI today, saying the software giant did not have the…
Dandara and Gamuda Land UK Form JV for City Wharf PBSA Development
Dandara Group’s PBSA (Purpose-Built Student Accommodation) and Build-to-Rent division, Dandara Living, has entered into a strategic joint venture with Gamuda…
Shein faces pressure to cut valuation to US$30bil ahead of London IPO
NEW YORK: Online fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion ahead of its London…
UK accelerates major steel industry consultation in response to US tariffs
LONDON: The UK published a major consultation paper for its steel industry on Sunday, weeks ahead of schedule due to President…
AstraZeneca ‘Very Disappointed’ Over Cancelled £450m Liverpool Vaccine Project
AstraZeneca’s boss has broken its silence since ditching a £450m vaccine plant expansion in Liverpool a week ago, saying the drugmaker was…
Honda and Nissan’s ‘merger close to collapse’
The merger between Nissan and Honda to create the world’s third-largest carmaker is reportedly close to collapse. Sources close to…