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Honeywell's Quantinuum valued at $17.6 billion as shares rise in Nasdaq debutQuantinuum shares jump 13.3% in their Nasdaq debut, valuing the Honeywell-backed quantum firm at $17.6 billion. Strong investor interest re...- Singapore's bolttech, valued at $2.1 billion, raises over $100 millionOther investors in the latest funding round include UK investment management firm Baillie Gifford and insurer Generali's private equity arm...
- US House to vote next week on TikTok crackdown billThe U.S. House of Representatives is set to vote on legislation that would ban TikTok in the U.S. unless China's ByteDance divests from the...
- New push in Congress to ban TikTok or force Chinese divestiture gains steamCommittee approval would set up a vote by U.S. House of Representatives that represents the first significant momentum for a U.S. crackdown...
- US lawmakers accuse VC firms of funding Chinese military-linked firmsSequoia Capital China, Qualcomm Ventures and three other U.S. venture capital firms plowed at least $3 billion into Chinese tech companies ...
- Global insurtech funding down 72% last year from 2021 peak: reportFunding for the insurtech sector dropped to $4.5 billion in 2023, down 44% from 2022 and 72% from its 2021 peak. Poor performance by Lemona...
- US lawmaker Mike Gallagher to urge chip industry group to reduce China investmentsRepresentative Mike Gallagher, an influential Republican lawmaker whose select committee has pressed the Biden administration to take a tou...
- Morgan Stanley CEO succession underscores Wall Street's diversity gapMorgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succee...
- US-based coworking space provider Venture X enters India, to add 5 lakh sq ft office spaceThe company has started with about 60,000 sq ft space and plans to scale up to half a million sq ft by the end of next fiscal year. The com...
- Sudden $6 billion brokerage switch by Gallagher Retirement to hybrid RIA modelThis year's one of the largest Brokerage switches happened when Gallagher Retirement switched to the hybrid RIA model.
- Edelweiss Financial Services to sell its 70 pc stake in insurance broking JV for Rs 307.60 crThe company said, as per the agreement 37,00,000 equity shares of Rs 10 each representing 70 per cent of the paid up share capital of Edelw...
- Gallagher buys small stake in Edelweiss armNBFCs are facing tight liquidity conditions and are raising funds by selling stake in subsidiaries.
- China seen slowing spending on Belt and Road energy projectsXi Jinping announced the Belt and Road Initiative project almost five years ago to rebuild the ancient Silk Road, and to extend China’s rea...
- ASK Group to raise $1 billion overseas in 3 years; appoints Evan Gallagher as CEO, Singapore opsThe group has appointed Evan Gallagher as CEO and Executive Director of ASK Capital Management to drive its efforts to expand global presen...
- Berkshire top pick for US millionairesMembers of New York-based Tiger 21 picked Berkshire as their top stock in a survey of preferred investments. Gainers and losers | Investmen...
- Economic signals start flashing greenOrders for US durable goods unexpectedly rose in February on a rebound in demand for machinery, computers and defense equipment.
- Global turmoil makes Wipro rejig string of pearls acquisition planWipro’s much talked about ‘string of pearls’ acquisition has been changed in response to the sobering business environment and the thinking...
- Oak Investment plans $200m retail fundThe US-based venture fund Oak Investment Partners is entering India with a $200-million corpus for the retail sector.
- Cemex likely to raise $11.7 bn bid for Australia's RinkerCemex, the world’s third-largest cement maker, may raise its $11.7 billion hostile bid for Rinker Group after stopping short of saying it i...
- Accenture arm to double its global headcountAccenture Information Management Services (AIMS), the Business Intelligence (BI) arm of Accenture, the technology services and outsourcing ...
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