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Investing

Asides

Malaysian Energy Tycoon Lim Hang Weng In Talks To Take Yinson Holdings Private In $1.7 Billion Deal

Yinson Holdings is among the world’s biggest operators of floating, production, storage and offloading, or FPSO vessels, which are on long-term leases to oil and gas companies in Angola, Brazil, Ghana, Nigeria, and Vietnam.

  • By Ian Sayson

Jensen Huang passes Zuckerberg and Ellison in billionaire ranks as Nvidia pops 9%

Shares of the world’s most valuable company approached an all-time high.

  • By Ty Roush
  • Forbes Staff

Qantas takes a corporate travel hit – but luxury flyers are booming

The war in Iran has caused conspicuous belt tightening among corporates, hitting Qantas’ bottom line. Yet premium travel is flourishing – a key metric as the airline prepares for Project Sunrise, its ultra-long-range flights to London and beyond.

  • By Daniel Van Boom
  • Business Journalist

VCs are so obsessed with this AI assistant that its valuation jumped fivefold in weeks

A hot new AI agent called Instinct was valued at $500 million earlier in August, sources say. Now it’s raising a new round at a $2.5 billion valuation from Benchmark and Index.

  • By Iain Martin

Anthropic overtakes SpaceX in betting odds for 2026’s biggest IPO

Anthropic is expected to make an initial public offering as soon as October, with reports indicating its valuation could range between $1 trillion and $2 trillion.

  • By Antonio Pequeño IV
Blackbird general partner Samantha Wong. Image: Supplied

Blackbird closes record $1 billion fund, but turns ‘cautious’ on AI

Blackbird has raised $1.05b from prestigious global institutions like Morgan Stanley and Schroders to establish the biggest Australian VC fund yet.

  • By Daniel Van Boom
  • Business Journalist

Canva bet millions on data centre play Sharon AI before becoming its ‘major customer’

Filings lodged with the SEC show Canva invested in Sharon AI during its December 2025 pre-IPO raise alongside the likes of Regal Funds Management and Ellerston Capital.

  • By Daniel Van Boom
  • Business Journalist

Xero board bumps CEO’s pay to $25.8 million – but mandates skin in the game

Xero is bumping CEO Sukhinder Singh Cassidy’s remuneration to US$18.5 million ($25.8 million), a jump of 22 per cent, arguing this places her in the median of US tech CEOs.

  • By Daniel Van Boom
  • Business Journalist

How Josh Kushner’s fortune tripled this year

The Kushner scion’s VC firm Thrive Capital nearly tripled its assets thanks to smart bets on OpenAI and SpaceX. Now he’s looking to spend some cash on the NBA’s Lakers.

  • By Giacomo Tognini

‘We risk importing intelligence itself’: Labor moves to open Big Tech’s data centres to Australian startups

Labor tech lieutenant Andrew Charlton will on Tuesday warn data centres alone will not enable Australia to capture enough economic value from AI.

  • By Daniel Van Boom
  • Business Journalist
Newer Posts 1 2 3 4 … 169 170 Older Posts
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