Business

Category . Author
Story
Manufacturing
By Pooja Malik

Jeremy Grantham Calls SpaceX ‘Craziest IPO in History’ After Nasdaq 100 Entry

The veteran investor has renewed his criticism of SpaceX's valuation and ambitious long-term vision, arguing future investors may view the company's market debut with skepticism. 

Finance
By Pooja Malik

Westgold Finalises $12.6M Chalice Project Divestment

The transaction with Corazon Mining completes Westgold's strategic asset sale program, which has generated more than $200 million in shareholder value. 

Business
By Shivangi

Steadfast Extends Due Diligence for $7.7 Bn Takeover Proposal

Key Highlights Steadfast Amwins Dragoneer due diligence extended by another four weeks under the exclusivity deed. The consortium again confirmed its desire to move ahead with the $7.7 billion acquisition of Steadfast. The proposal equates to a $6.00 per share…

Energy
By Pooja Malik

US Reinstates Iran Oil Sanctions, Oil Prices Jump

The move follows attacks on tankers in the Strait of Hormuz, with crude prices rising as markets assess the impact on global supply. 

More business News

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TRANSPORT

China Becomes Innovation Engine for Global Automakers

Key Highlights China’s legacy automakers are out for their cash, offering up access to vehicle development on the world’s largest auto market in exchange for continued expansion. GM, VW and Renault are continuing to lean on Chinese Engineering teams for…

By Shivangi