Million
Aerospace Corp. to invest $100 million in El Segundo campus, moves headquarters to Washington, D.C., area
[ad_1] Research and development lab Aerospace Corp. moved its headquarters this week to Virginia from El Segundo but reaffirmed its commitment to its South Bay campus by announcing a $100-million...
Shangri-La Asia returns to black in FY2023 with US$184.1 million net profit
[ad_1] SHANGRI-LA Asia on Friday (Mar 22) recorded a net profit of US$184.1 million for its full year ended Dec 31, 2023, reversing from a US$158.5 million loss a year...
PepsiCo to invest US$400 million more in two new plants in Vietnam
[ad_1] US FOOD and drink maker PepsiCo Inc has committed to investing an additional US$400 million in Vietnam to build two new plants powered by renewable energy in the country,...
Microsoft to pay Inflection AI US$650 million after scooping up most of staff
[ad_1] MICROSOFT has agreed to pay Inflection AI US$650 million, largely to license its artificial intelligence (AI) software, alongside its move earlier this week to hire much of the startup’s...
Goldman Sachs raises US$700 million to co-invest with hedge funds
[ad_1] THE asset management arm of Goldman Sachs Group has raised about US$700 million for a new fund that invests side by side with hedge funds and private credit firms....
Caltech receives $100-million gift to develop new technologies at the speed of SpaceX
[ad_1] Thirty-six years ago, Gary Brinson cracked open Stephen Hawking’s “A Brief History of Time,” a bestseller in which the renowned physicist sought to explain the mysteries of the universe...
Olam Agri proposes to acquire Australia’s Namoi for A$122 million
[ad_1] OLAM Group’s indirect 64.57 per cent-owned subsidiary, Olam Agri, has launched a non-binding indicative offer to acquire all shares in Australian-listed cotton ginning company Namoi Cotton for A$122 million...
French competition watchdog hits Google with 250 million euro fine
[ad_1] FRANCE’S competition watchdog on Wednesday (Mar 20) said it fined Google 250 million euros (S$364.8 million) for breaches linked to EU intellectual property rules in its relationship with media...
