Samuel Nwite
AUTHOR: Samuel Nwite
Bill Ackman Aims to Raise $5bn for U.S.-Listed Closed-End Fund as Pershing Square Prepares...
Bill Ackman is plotting a major two-pronged move: raise $5 billion for a new U.S.-listed closed-end fund while taking his hedge-fund firm, Pershing Square...
US SEC Investigates Jefferies’ Exposure to Bankrupt First Brands Group Amid Complex Debt Defaults
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Jefferies’ involvement with the bankrupt auto parts manufacturer First Brands Group, the...
Alibaba Pushes Into AI Wearables With New Quark Glasses, Challenging Meta’s Global Lead
Alibaba on Thursday introduced its new Quark artificial intelligence glasses in China, marking a fresh push by the company to carve out space in...
Foxconn Secures $569m U.S. Investment Approval to Expand AI Server Operations in Wisconsin
Taiwan’s Foxconn has secured regulatory approval to inject an additional $569 million into its Wisconsin operations, a move that signals both the company’s renewed...
Uber Rolls Out Middle East’s First Fully Driverless Robotaxi Service in Abu Dhabi with...
Uber and Chinese autonomous vehicle company WeRide have officially launched fully driverless robotaxi services in Abu Dhabi, marking the first driverless deployment in the...