March 20, 2025 – CoreWeave, a cloud services provider backed by Nvidia, is aiming for a valuation of up to…
Category: Business
Businessman linked to The Pirate Bay dies in Slovenia plane crash
LJUBLJANA: Swedish businessman Carl Lundstrom, owner of the internet provider that hosted the illegal file-sharing site The Pirate Bay, has…
UK drops antitrust probe into Microsoft and OpenAI tie-up
LONDON: Britain dropped its probe into Microsoft’s partnership with ChatGPT maker OpenAI today, saying the software giant did not have the…
Dandara and Gamuda Land UK Form JV for City Wharf PBSA Development
Dandara Group’s PBSA (Purpose-Built Student Accommodation) and Build-to-Rent division, Dandara Living, has entered into a strategic joint venture with Gamuda…
Shein faces pressure to cut valuation to US$30bil ahead of London IPO
NEW YORK: Online fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion ahead of its London…
UK accelerates major steel industry consultation in response to US tariffs
LONDON: The UK published a major consultation paper for its steel industry on Sunday, weeks ahead of schedule due to President…
AstraZeneca ‘Very Disappointed’ Over Cancelled £450m Liverpool Vaccine Project
AstraZeneca’s boss has broken its silence since ditching a £450m vaccine plant expansion in Liverpool a week ago, saying the drugmaker was…
Honda and Nissan’s ‘merger close to collapse’
The merger between Nissan and Honda to create the world’s third-largest carmaker is reportedly close to collapse. Sources close to…
Filtronic triples revenue and profits as SpaceX relationship blossoms
Radio frequency tech specialist Filtronic has significantly boosted revenue and profitability as its relationship with Elon Musk’s SpaceX continues to…
UK Business Department Overspent by £208M Preparing to Compensate Post Office IT Scandal Victims
Auditor Issues Qualified Opinion as Financial Impact of Historic Miscarriage of Justice Remains Unclear The UK’s spending watchdog has issued…