Telecom company Mitel files for bankruptcy to cut $1 bln in debt
Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...
Yonhap News Agency on MSN4h
Ascendio to raise 1 bln won via stock offering
Ascendio on Thursday announced that it will sell stock to raise 1 billion won (US$687,331). The proceeds from the stock sale will be used mainly to finance its operations. According to a regulatory ...
The Daily Star2d
OpenAI signs nearly $12 bln deal with a company backed by Nvidia
OpenAI has signed a five-year, $11.9 billion agreement with CoreWeave, a cloud services provider specialising in AI-focused ...
Chinese company presses ahead with dredging project at major Iraqi port
At the southernmost tip of Iraq, a Chinese company is undertaking dredging of the quay wall, port basin, and navigation channel at Al-Faw Grand Port.
Canadian Tire Targets Faster Growth With New C$2 Bln Transformation Strategy
The new changes follow Canadian Tire's recent C$1.28 billion deal to sell its outdoor-and-workwear brand, Helly Hansen, to Kontoor Brands to focus more on its home market earlier in February.