JPMorgan’s asset management arm to end use of proxy advisers in US, memo shows
Jan 7 (Reuters) – JPMorgan Chase’s (JPM.N), opens new tab asset management division no longer plans to use…
AI boom is in early bubble phase, Bridgewater founder Ray Dalio says
Jan 5 (Reuters) – The artificial intelligence boom that powered Wall Street’s technology stocks is “now in the…
L3Harris sells 60% stake in space propulsion business for $845 million
Jan 5 (Reuters) – L3Harris Technologies (LHX.N), opens new tab said on Monday it will sell an about…
Exclusive: Samsung to double mobile devices powered by Google’s Gemini to 800 mln units this year
Item 1 of 3 TM Roh, co-CEO who oversees mobile phones, TVs and home appliances at Samsung Electronics,…
Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources say
Deal aligns with AE Industrial’s space technology consolidation strategy L3Harris retains 40% stake, AE Industrial expected to pay…
Starlink plans to lower satellite orbit to enhance safety in 2026
Jan 1 (Reuters) – Starlink will begin a reconfiguration of its satellite constellation by lowering all of its…
China’s LandSpace targets $1 billion IPO in reusable rocket tech push
BEIJING, Dec 31 (Reuters) – China’s rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in…
Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rush
Hong Kong IPO proceeds hit highest since 2021 AI, chip listings lead 2026 IPO pipeline Cornerstones include Alibaba,…
Exclusive: Soy trading firms to abandon Amazon protection pact in Brazil
ADM, Bunge, Cargill, Cofco signed 2006 agreement to protect Brazil’s Amazon forest with soy farming moratorium Mato Grosso…
SoftBank has completed its $40 billion investment in OpenAI, source says
Dec 30 (Reuters) – SoftBank Group (9984.T), opens new tab has completed its $40 billion investment in OpenAI,…
China’s LandSpace gears up to take on Elon Musk and SpaceX
LandSpace is trying to become China’s SpaceX LandSpace became the first in China to test a reusable rocket…
China eases IPO rules for firms developing reusable rockets
New guidelines exempt firms from some financial requirements Companies will need to meet reusable rocket tech milestones Beijing…