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Analysts raise price targets on DBS after Q1 earnings
Analysts raise price targets on DBS after Q1 earnings
[SINGAPORE] Analysts raised price targets for shares of DBS, following its first quarter results release on Thursday (May 8).The bank’s net profit at S$2.9 billion for the three months...
India’s largest bank plans to raise 250 billion rupees in share sale
India’s largest bank plans to raise 250 billion rupees in share sale
[MUMBAI] State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first equity raising by the...
Ryanair threatens to cancel huge Boeing order if tariffs raise prices
Ryanair threatens to cancel huge Boeing order if tariffs raise prices
[DUBLIN] Ryanair on Thursday (May 1) threatened to cancel orders for hundreds of Boeing aircraft if a US-led tariff war leads to materially higher prices, and said it could...
Elon Musk’s XAI Holdings is in discussions to raise US billion
Elon Musk’s XAI Holdings is in discussions to raise US$20 billion
[GERMANY] Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence (AI) startup and social media business,...
US pharma tariffs would raise US drug costs by US billion annually, report finds
US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
[LONDON] A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting US prices by as much as 12.9 per...
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
SIA will also beef up its operational processes by integrating OpenAI’s advanced AI models into its existing tools [SINGAPORE] Singapore Airlines (SIA) has partnered ChatGPT-maker OpenAI to develop and...
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investorsPublished Thu, Apr 17, 2025 · 01:12 PM[MUMBAI] IDFC First Bank has approved a plan to raise 75...
Bain seeks to raise at least US billion for new Asia PE fund
Bain seeks to raise at least US$7 billion for new Asia PE fund
[HONG KONG] Bain Capital is looking to raise billions of US dollars for its next Asia fund and a special situation fund in the region, as it moves to...
California lawmakers tackle potential dangers of AI chatbots after parents raise safety concerns
When her 14-year-old son took his own life after interacting with artificial intelligence chatbots, Megan Garcia turned her grief into action.Last year, the Florida mom sued Character.AI, a platform...