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News
SML Ltd weighing IPO within 2 to 3 years, eyes new chemical entity pipeline
9+ min ago (434+ words) ...
TotalEnergies Plans $10B in Angola Oil Investments
23+ hour, 25+ min ago (292+ words) TotalEnergies SE and its partners plan to invest $10 billion in Angola’s oil sector over the next five years in order to sustain production in the country. The French energy company produces about 450,000 barrels of oil a day in Angola, more…...
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 4+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....
Stronger private sector crucial to Brunei's economic future, says minister
3+ hour, 23+ min ago (142+ words) BANDAR SERI BEGAWAN (Xinhua): The development of a stronger, more dynamic and competitive private sector remains crucial to the future of the national economy as Brunei pursues economic diversification and the aspirations of Brunei Vision 2035, a Brunei government minister said…...
AI Startup Discovery Loop, founded by former Google Chief Scientist Jeff Dean, seeks to raise funds at $50 bn valuation
1+ hour, 20+ min ago (303+ words) Discovery Loop, an artificial intelligence (AI) startup founded by Jeff Dean, a former chief scientist at Google, is seeking to raise funds again at a valuation of $50 billion. According to the report, the terms of the deal remain subject to…...
OpenAI IPO Won’t Happen Until 2027, Sam Altman Tells Fortune
5+ hour, 47+ min ago (20+ words) OpenAI will not go public in 2026, Sam Altman told Fortune Magazine in an interview, citing need for safety-related work....
Investors will move towards institutional products for F&O trades, says NSE executive
1+ hour, 50+ min ago (428+ words) Sriram Krishnan, Chief Business Development Officer, National Stock Exchange of India Limited, at a press conference in Chennai in connection with the company’s forthcoming IPO. As the Indian government takes steps to clamp down on retail F&O trading, IPO-bound…...
Why Bermuda's newest Lloyd's entrants keep renting someone else's managing agency
1+ day, 11+ hour ago (573+ words) If you've followed Lloyd's start-up news over the past couple of years, you'll have noticed a pattern. A Bermuda-based re/insurance group announces it's heading to London. It picks up in-principle... Why Bermuda's newest Lloyd's entrants keep renting someone else's…...
OpenAI IPO not happening in 2026, Sam Altman says, citing AI safety concerns
10+ hour, 31+ min ago (537+ words) Sam Altman says OpenAI has no plans to go public this year as the company focuses on AI safety, alignment and cooperation with governments OpenAI will not go public in 2026, CEO Sam Altman has said, as the artificial intelligence company…...
Office Revenues Are Failing To Keep Pace With Expenses
1+ day, 4+ hour ago (41+ words) Office operating expenses exceed revenue growth, impacting NOI. Rising costs persist post-pandemic....