The initial public offering in December 2020 raised more than HKD 1.4 billion for Vesync. The firm is in a net cash position as at the end of 2023. It has an asset-light business model with low ...

GSK's liquid meningitis vaccine, Menveo, received approval from the European Commission to be sold in the European Union. The British pharmaceutical company said Wednesday that the fully liquid ...

The diversified miner said Wednesday that it sold 17.5 million shares of Anglo American Platinum, or about 6.6% of its issued share capital, at 548 rand each. The price is an 8.6% discount to Anglo ...

--SoftBank invested about $500 million in OpenAI through its Vision Fund 2 when the startup behind ChatGPT raised $6.6 billion in a recent round of new funding. --News Corp, owner of The Wall Street ...

Yum China is well-positioned to gain share in the fragmented USD 700 billion Chinese restaurant market. Despite the current headwinds, we remain confident in the long-term growth of the quick-service ...

We forecast 1% compound annual sales growth through fiscal 2028. HP saw a boost in demand in 2021 and 2022 during the pandemic and 2023 was the natural hangover from the pull forward in demand. We ...

Our overall thesis on Dell includes consistent sales growth within the AI-optimized server market, a return to better growth with the storage market, and product cycle driven growth in PCs in fiscal ...

The company’s financial health is supported by its asset light model, which enables lower capital expenditures, thus higher ROICs and profitability. As of October 2024, Autodesk had $1.7 billion in ...

Banco Bilbao Vizcaya Argentaria said European Union competition authorities didn't raise any objections to its $12 billion-plus bid for smaller Spanish peer Banco de Sabadell after concluding a review ...

Attention today is on a slew of scheduled U.S. data releases, including the PCE price index and jobless claims. Trump rounded out his economic team Tuesday, selecting longtime adviser Kevin Hassett to ...

SINGAPORE--Singapore's businesses, households and financial institutions are in good shape to withstand potential shocks, but need to be prepared for volatility as they face an increasingly uncertain ...

The S&P 500 and the Dow Jones Industrial Average notched fresh records, rising 0.6% and 0.3%, respectively. The Nasdaq Composite gained 0.6%. Japan's Latest Stimulus Package Takes New Focus: Boosting ...