The $9.3 bln Swiggy is under pressure to stem losses from its quick delivery service without sacrificing growth. But rivals are stepping up discounts to grab market share. For Swiggy and others hoping ...

Like rivals, South Korea's $448 bln SK Hynix is enjoying record earnings. Yet the artificial intelligence boom has sharpened the discount this frontrunner in cutting-edge data storage circuits trades ...

The direct lender has a fix for a troubled $1.7 bln retail fund: stop withdrawals, sell 35% of the loans and wind it down. Liquidating without losses is a key test of the red-hot vehicles. The last ...

Governor Pritzker wants platforms to pay fees per Illinois user to raise $200 mln for education. Excess screen time costs US firms vast sums and stunts child development. Taxing platforms makes sense.

Russia is trying to sell $35 bln of seized assets to plug its fiscal deficit as its budget is gasping for air. It can still finance the Ukraine war, but the state’s tighter control of a slowing ...

From SAP to Salesforce and ServiceNow, shares have fallen over 40% in an artificial intelligence-fuelled selloff. If executives believe the stock collapses are overdone, they can use their own cash to ...

Pharma groups like $113 bln Sanofi and Pfizer have spent years investing in immunisations. But scepticism from the US government, and citizens, means shrinking sales. The danger is that it reduces ...

The $51 bln group unveiled a $7 bln plan to resolve lawsuits surrounding its weedkiller. Despite its recent share-price surge ...

The central European country produces just 1.2% of the bloc’s GDP. However, an April election threatens Prime Minister Viktor ...

Pushy investor Jana Partners wants the financial tech company to refocus on banks, seven years after merging with retailer-centric First Data. The deal was a dud, vaporizing over $30 bln in market ...

The $8 bln owner of Manhattan’s basketball and hockey teams may spin them into separate listed companies. It could narrow a valuation gap. But it also leaves space for fans big and small to apply the ...

The activist's fund has emerged at $11 bln defence group Indra, which is up some 200% in a year as Europe rearms. The pushy investor backs the purchase of EM&E, which Indra's chair co-owns. The ...