Draws
Shopify delivers upbeat holiday forecast as AI draws customers, shares surge
SHOPIFY forecast fourth-quarter revenue growth above estimates on Tuesday (Nov 12), as the Canadian company’s focus on employing AI-powered tools attract more merchants to its e-commerce services ahead of...
Grocer Lulu’s US$1.72 billion Abu Dhabi IPO draws Vanguard, GIC
HYPERMARKET chain operator Lulu Retail Holdings’s US$1.72 billion Abu Dhabi initial public offering drew orders worth US$37 billion, including from global investors Vanguard Group and Singapore sovereign wealth fund...
Altcoins become crypto’s biggest risk trade as US election draws to a close
AFTER generally underperforming Bitcoin during much of this year, smaller cryptocurrencies such as Doge and Solana may end up having the most at stake following the conclusion of the...
World’s biggest millionaire boom draws wealth managers to Taiwan
TAIWAN’S position at the heart of the artificial intelligence (AI) boom is generating a dramatic increase in wealth, manufacturing about 90 per cent of the advanced semiconductors crucial to...
India’s biggest IPO of 2024 draws staggering US$39 billion in bids
Institutional investors drove the frenzied demand for shares of Bajaj Housing Finance, with bids exceeding 200 times the shares set aside for themThe home-loan unit of India’s largest shadow...
Baidu’s robotaxi ambition draws sceptics after brief stock rally
CHINA’S faster-than-expected adoption of autonomous driving is doing little to rev up optimism among analysts searching for Baidu’s next catalyst.The Internet search leader’s shares have almost erased gains notched...
Abu Dhabi draws energy majors to LNG project as competition grows
ABU Dhabi National Oil Company (Adnoc) on Wednesday (Jul 10) awarded stakes in its Ruwais liquefied natural gas (LNG) expansion project to four international companies, as competition intensifies among...
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