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SoftBank raises $40 billion via loan for OpenAI, operations
SoftBank raises $40 billion via loan for OpenAI, operations

TOKYO, Japan: SoftBank Group has secured a US$40 billion loan through a bridge facility to support further investment in OpenAI, and...

Novartis strikes up to $2 billion deal for Excellergy
Novartis strikes up to $2 billion deal for Excellergy

BASEL, Switzerland: Swiss drugmaker Novartis has agreed to acquire California-based biotech firm Excellergy in a deal worth up to US$2...

Henkel strikes $1.4 billion deal to buy Olaplex brand
Henkel strikes $1.4 billion deal to buy Olaplex brand

FRANKFURT, Germany: Germany's Henkel has agreed to acquire Nasdaq-listed hair care brand Olaplex for $1.4 billion, aiming to expand...

Uber teams with Pony.ai, Verne for robotaxis in Zagreb
Uber teams with Pony.ai, Verne for robotaxis in Zagreb

ZAGREB, Croatia: Uber Technologies has teamed up with Pony.ai and Croatian startup Verne to launch what the companies say will be Europe's...

Rising fuel costs drive Europeans toward used EVs
Rising fuel costs drive Europeans toward used EVs

PARIS/STOCKHOLM: Surging petrol prices linked to the war in Iran are accelerating demand for used electric vehicles across Europe,...

US job seekers grow pessimistic despite low unemployment
US job seekers grow pessimistic despite low unemployment

WASHINGTON, D.C.: A growing share of Americans believe it is a bad time to look for a new job, highlighting a disconnect between low...

Asia Pacific

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SoftBank raises $40 billion via loan for OpenAI, operations
SoftBank raises $40 billion via loan for OpenAI, operations

TOKYO, Japan: SoftBank Group has secured a US$40 billion loan through a bridge facility to support further investment in OpenAI, and...

Xi in multi-year quest to lift government standards
Xi in multi-year quest to lift government standards

BEIJING, China (Xinhua) -- A light bulb is not something most people would associate with governance. Yet nearly four decades ago,...

China rolls out care insurance to support elderly citizens
China rolls out care insurance to support elderly citizens

BEIJING, China: China is moving to strengthen support for its aging population by rolling out a nationwide long-term care insurance...

Inflation drives up cost of Japan’s hanami picnics
Inflation drives up cost of Japan’s hanami picnics

TOKYO, Japan: Japan's cherished cherry blossom picnics are becoming more expensive as global inflation drives up the cost of food and...

Australia-EU pact targets tariffs, boosts minerals trade
Australia-EU pact targets tariffs, boosts minerals trade

CANBERRA, Australia: Australia and the European Union have finalised a long-awaited trade agreement, lowering tariffs on most goods...

Taiwan detects 1 Chinese sortie, 9 vessels, 1 ship around itself
Taiwan detects 1 Chinese sortie, 9 vessels, 1 ship around itself

Taipei [Taiwan], March 30 (ANI): Taiwan's Ministry of National Defense detected the presence of a sortie of Chinese military aircraft,...