Baidu Inc.’s revenue rose its most in more than a year, joining China’s largest internet companies in rediscovering growth after Beijing relaxed its grip on the private sector to try and jumpstart a faltering economy.
Turkish startup Getir will cut more than 10% of its global workforce as the rapid delivery service struggles with losses in most markets in which it operates.
As it seeks to pull off what could be the largest initial public offering of the year, Arm Holdings Ltd. spent more than 3,500 words explaining the risks it faces in China, a critical market that accounts for about a quarter of its revenue.
Flutterwave Inc., Africa’s largest startup, is pressing ahead with plans for an initial public offering after making headway in resolving allegations of financial impropriety in Kenya so that it can access more and bigger international partners, its chief executive officer said.
There’s no sign of Morgan Stanley in Arm Ltd.’s filing for its initial public offering, a rare event for a bank that’s often a lead adviser on landmark technology IPOs.
Microsoft Corp.’s $69 billion Activision Blizzard Inc. acquisition got a new chance at winning approval from UK regulators after the tech giant submitted a substantially different deal to the country’s antitrust watchdog.
The credit market appears to have shrugged off concerns that SoftBank Group Corp.’s $16.1 billion purchase of a stake in Arm Holdings Ltd. may weaken its debt repayment ability, at least for now.
North Korea plans to launch a satellite later this month, according to Japanese media, firing off a space rocket as South Korea and the US conduct joint military drills that have riled Pyongyang.
Northvolt AB raised $1.2 billion from North American investors including BlackRock Inc. and CCP Investments as the Swedish battery maker is said to be in talks to set up a new factory in Canada.
Microsoft Corp.’s $69 billion Activision Blizzard Inc. acquisition got a new chance at winning approval from UK regulators after the tech giant submitted a substantially different deal to the country’s antitrust watchdog.
