Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources sayÂ
Deal aligns with AE Industrial’s space technology consolidation strategyL3Harris retains 40% stake, AE Industrial expected to pay over…
Exclusive: Samsung to double AI mobile devices to 800 million units this year
Item 1 of 3 TM Roh, co-CEO who oversees mobile phones, TVs and home appliances at Samsung Electronics,…
China’s LandSpace targets $1 billion IPO in reusable rocket tech push
BEIJING, Dec 31 (Reuters) – China’s rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in…
Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rush
Hong Kong IPO proceeds hit highest since 2021AI, chip listings lead 2026 IPO pipelineCornerstones include Alibaba, ADIA in…
US FDA approves Vanda Pharmaceuticals’ motion sickness drug
Dec 30 (Reuters) – Vanda Pharmaceuticals (VNDA.O), opens new tab said on Tuesday its drug for the prevention…
Musk’s xAI buys third building to expand AI compute power
Dec 30 (Reuters) – Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third…
Meta to acquire Chinese startup Manus to boost advanced AI features
Dec 29 (Reuters) – Meta (META.O), opens new tab said on Monday it would acquire Chinese artificial intelligence…
Trump threatens to sue Fed’s Powell, will announce replacement next month
PALM BEACH, Florida, Dec 29 (Reuters) – U.S. President Donald Trump on Monday renewed his threat to bring…
Hong Kong expects 3.2% growth this year, seeks to maintain momentum
SHANGHAI, Dec 28 (Reuters) – Hong Kong Financial Secretary Paul Chan raised his 2025 economic growth forecast to…
China eases IPO rules for firms developing reusable rockets
New guidelines exempt firms from some financial requirementsCompanies will need to meet reusable rocket tech milestonesBeijing seeking to…