JPMorgan’s asset management arm to end use of proxy advisers in US, memo shows
Jan 7 (Reuters) – JPMorgan Chase’s (JPM.N), opens new tab asset management division no longer plans to use…
L3Harris sells 60% stake in space propulsion business for $845 million
Jan 5 (Reuters) – L3Harris Technologies (LHX.N), opens new tab said on Monday it will sell an about…
Foxconn’s Q4 revenue jumps 22% to record high on AI demand
Item 1 of 2 A wheeled AI industrial humanoid robot is on display at Foxconn’s annual tech day…
Chinese AI firm MiniMax set to price Hong Kong IPO at top of range, sources say
Valuation about $6.5 billion at high endSix Chinese firms to list in Hong Kong this weekMiniMax scheduled to…
Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources say
Deal aligns with AE Industrial’s space technology consolidation strategyL3Harris retains 40% stake, AE Industrial expected to pay over…
Baidu’s AI chip arm Kunlunxin files confidentially for Hong Kong listing
Jan 2 (Reuters) – Chinese internet search giant Baidu (9888.HK), opens new tab said on Friday its AI…
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…
Over 7,000 teachers in Japan took mental health sick leave in 2024 academic year
Japan’s education ministry says 7,087 public school teachers took sick leave for depression and other mental health issues…