MNRB net profit at 50-year high in FY24
MNRB Holdings Bhd (MNRB) aims to continue pursuing growth in overseas markets and venture into specialised business lines for its…
DeepMind alumni raise US$200mil funding round for Holistic AI
Holistic AI, a new startup in Paris working to leapfrog other generative artificial intelligence (AI) models, has closed the first…
TotalEnergies mulls moving listing to Wall St
TotalEnergies SE’s chief executive officer has plenty of reasons to antagonise the French government with the possibility of moving its…
KKR to buy Perpetual wealth, corporate units
Perpetual says that buyout giant KKR & Co would acquire its wealth management and corporate trust businesses for A$2.18bil (US$1.43bil),…
In rapidly ageing China, millions just cannot afford retirement
After three decades of selling homemade buns on the streets of the Chinese city of Xian, 67-year-old Hu Dexi would…
FTX files amended reorganisation plan
Crypto exchange FTX will have between US$14.5bil to US$16.3bil to pay its creditors and customers, according to an amended reorganisation…
Brazil’s GPA posts steeper 1Q net loss as taxes, impairment weigh
Brazilian food retailer GPA says its first quarter net loss for continuing operations widened by nearly 28% from a year…
Energy producers Santos, Repsol explore sale of stakes in Alaska oilfields
Oil and gas producers Santos and Repsol are exploring a sale of a minority stake in oilfields in Alaska they…
Nintendo shares fall the most in over a month
Shares of Nintendo Co tumbled their most in over a month after the company warned of a sharp profit fall…