Already a winning bet? Ferrari’s Luce EV one-off shatters auction records
At USD 40 million, the vehicle, known as 'Chassis 0,' created by Ferrari's Tailor Made division, set a world record for a new car sold at auction...
Category : Featured
DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit
The company has reported a 39% fall in first-half net profit to USD 585 million, even as revenue increased 13.1% year on year to USD 12.7 billion...
Alphabet eyes maiden Australian-dollar bond amid SpaceX, Berkshire gains
Alphabet's heightened market movements come amid its global peers increasingly moving towards capital markets to fund their massive AI spending...
Anthropic revenue surges ahead of IPO as company eyes Decart AI acquisition
The Claude chatbot maker reported preliminary quarterly revenue of more than USD 11.5 billion, compared with USD 787 million a year earlier...
N Chandrasekaran built Tata Sons’ biggest bets. Who pays for them now?
The Tata Sons boss will not seek another term after a standoff with Tata Trusts, leaving the group's semiconductor and iPhone ambitions in the balance...
Pony.ai, Uber expands partnership, to deploy over 2,000 robotaxis in Europe
The partnership will expand from the existing commercial service in Zagreb, coming soon to the Uber platform, to four additional cities in Europe...
No foreign listing for now as Dangote Refinery eyes retail-focused IPO
The refinery has submitted an application for a USD 5 billion IPO to Nigeria's SEC, with the listing's final size remaining unclear...
Elon Musk’s trillion-dollar pay deal drags corporate America’s CEO salaries to record highs
AFL-CIO study finds average chief executive pay at S&P 500 firms climbed 21% in 2025, with boards citing Tesla's outsized package as a benchmark...
Sukuk liquidity edges closer to pre-Iran war levels but recovery fragmented, says Fitch
Just over 75% of Fitch-rated sukuk had a liquidity score above 50 on August 4, slightly increasing from the March 23 tally of 64%...
China’s COMAC C919 takes international leap in challenge to Boeing and Airbus
The Air China-operated C919 departed Beijing Capital International Airport at 3 pm on August 12 and landed in Ulaanbaatar, Mongolia, at 4.58 pm local time...