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SoftBank raises $40 billion via loan for OpenAI, operations
SoftBank raises $40 billion via loan for OpenAI, operations

TOKYO, Japan: SoftBank Group has secured a US$40 billion loan through a bridge facility to support further investment in OpenAI, and...

Novartis strikes up to $2 billion deal for Excellergy
Novartis strikes up to $2 billion deal for Excellergy

BASEL, Switzerland: Swiss drugmaker Novartis has agreed to acquire California-based biotech firm Excellergy in a deal worth up to US$2...

Henkel strikes $1.4 billion deal to buy Olaplex brand
Henkel strikes $1.4 billion deal to buy Olaplex brand

FRANKFURT, Germany: Germany's Henkel has agreed to acquire Nasdaq-listed hair care brand Olaplex for $1.4 billion, aiming to expand...

$6 million verdict against Meta, Google sets tone for future lawsuits
$6 million verdict against Meta, Google sets tone for future lawsuits

LOS ANGELES, California: In a US$6 million verdict that will serve ‌as a bellwether for numerous similar cases, Meta and Alphabet's...

Swiss bank Edmond de Rothschild’s Paris office raided in Epstein probe
Swiss bank Edmond de Rothschild’s Paris office raided in Epstein probe

PARIS, France: The Paris offices of Swiss bank Edmond de Rothschild were searched late last week as part of an inquiry into alleged...

US job seekers grow pessimistic despite low unemployment
US job seekers grow pessimistic despite low unemployment

WASHINGTON, D.C.: A growing share of Americans believe it is a bad time to look for a new job, highlighting a disconnect between low...