SK Hynix Plans US Listing To Boost Valuation And Fund AI Memory Expansion
SK hynix has confidentially filed for a U.S. listing that could raise between $10 billion and $14 billion, as the company seeks to address a valuation gap and secure funding…
Indian Farmers Turn To Dragon Fruit As Crop Gains Traction And Investment
Farmers in India are increasingly adopting dragon fruit cultivation as a higher-return alternative to traditional crops, with new entrants and researchers driving its expansion across multiple regions. Arun Srinivas is…
China Probes Manus After Startup’s $2 Billion Sale To Meta And Move To Singapore
Chinese authorities have begun reviewing the overseas relocation and sale of AI startup Manus after the company moved operations to Singapore and was acquired by Meta for $2 billion, drawing…
Grab To Acquire Foodpanda Taiwan Business For $600 Million Pending Regulatory Approval
Grab has agreed to acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million in cash, marking the company’s first expansion outside Southeast Asia. The deal, announced Monday, remains subject…
Russia Blocks Archive.today Domains With Censorship Notice On Access Attempts
Russian authorities have blocked access to the paywall-bypassing website Archive.today and several of its associated domains, according to error messages displayed when attempting to load the sites. Visitors encountered a…
Hybe Shares Drop After Lower-Than-Expected Attendance At BTS Comeback Concert
Shares in Hybe fell sharply after turnout at a major comeback concert by BTS came in well below expectations, despite strong album sales and global streaming reach. The free concert,…
China Cuts Fuel Price Hike As Iran Conflict Drives Global Oil Surge
China has reduced planned increases in fuel prices as global energy costs rise amid the Iran conflict, aiming to ease pressure on drivers while managing domestic supply concerns. The price…
Dancing Robot Incident Raises Safety Questions In Restaurant Automation
A service robot performing at a Haidilao outlet in Cupertino caused disruption after moving too close to diners and knocking over tableware, according to a video shared on Xiaohongshu. The…
India Set For Surge In Cheaper Weight Loss Drugs As Semaglutide Patent Expires
India’s pharmaceutical market is preparing for a wave of lower-cost weight-loss and diabetes treatments as the patent on semaglutide expires in the country. The change will allow domestic drugmakers to…
PhonePe Pauses IPO Plans Amid Market Volatility And Geopolitical Tensions
PhonePe has paused its plans for an initial public offering, citing geopolitical tensions and instability in financial markets. The Bengaluru-based fintech said Monday that it remains committed to listing on…
JD.com Launches Joybuy In Europe To Challenge Amazon And Rival Marketplaces
JD.com launched its European online shopping platform Joybuy on Monday as the company seeks to expand internationally and compete with major players such as Amazon and Chinese rivals already operating…
Mastercard And Bank of Shanghai Enable Cross-Border Transfers Through Mastercard Move
Mastercard has integrated Bank of Shanghai into its global money movement platform Mastercard Move to support two-way payment flows between China and international markets. The partnership is designed to make…
BPI Tests AI-Assisted Loan Approvals For Consumer And SME Lending
Bank of the Philippine Islands is testing artificial intelligence tools to assist with underwriting decisions for several types of loans, according to chief executive Jose Teodoro Limcaoco. The bank is…
ByteDance Delays Global Launch Of AI Video Model After Hollywood Backlash
ByteDance has paused plans to release its new AI video model globally following criticism from Hollywood studios, according to a report by The Information. The company had planned to launch…
Honda Halts Key EV Programs As Automaker Faces Industry Shift
Honda Motor has halted development of several electric vehicle programs, a move that reduces the company’s immediate presence in the EV segment while the global automotive industry continues shifting toward…
Qantas Agrees To Pay A$105m Settlement Over Cancelled Flight Refund Claims
Qantas Airways has agreed to pay A$105m (£55m; $74m) to settle a class action lawsuit alleging the airline failed to provide cash refunds for flights cancelled during the Covid-19 pandemic.…
India’s Supreme Court Rejects Petition for National Menstrual Leave Policy
India’s highest court has rejected a petition calling for mandatory menstrual leave for working women and female students, with judges stating that such a policy could discourage employers from hiring…
Iran-Linked Hackers Claim Cyberattack On Medical Device Maker Stryker
A hacker group claiming ties to Iran says it has breached the servers of U.S. medical technology company Stryker, causing disruptions across the company’s global network. As of Wednesday morning,…
inDrive Acquires Pakistan’s Krave Mart To Expand Grocery Delivery Business
Global ride-hailing company inDrive has acquired Pakistan-based quick-commerce startup Krave Mart as part of its strategy to expand grocery delivery and commerce services in South Asia. The acquisition, completed through…
Chinese Startup Gestala Raises $21.6 Million To Develop Non-Invasive Brain–Computer Interface Technology
A Chinese startup developing non-invasive brain–computer interface technology has raised $21.6 million in early funding as global investment in neural interface systems accelerates. Gestala, founded by entrepreneur Phoenix Peng, raised…