Fashion

Ben Affleck’s AI company is sold for more than $500 million
Netflix has revealed just how big it is betting on artificial intelligence, shelling out more than half a billion dollars for one of the early AI movers in Hollywood....
China’s Innolight eyes US$8 billion Hong Kong IPO, potentially city’s largest in seven years
Published Mon, Jul 20, 2026 · 12:45 PMCHINA’S Zhongji Innolight is starting to gauge investor demand for its Hong Kong listing, according to terms of the deal seen by...
This is how Tennessee tries to woo Paramount and other companies away from California
Tennessee propositioned Paramount Skydance, hoping to tempt it to become the next company to leave California.As California Atty. Gen. Rob Bonta gathered a coalition of 12 state attorneys general...
Dollar steady but set for weekly drop on fading US rate hike bets
Published Fri, Jul 17, 2026 · 08:55 PM[SINGAPORE/LONDON] The dollar held steady on Friday (Jul 17) but was poised for a weekly decline as a tame US inflation report...
SpaceX stock erases all its gains and slides below IPO price in intraday trading
SpaceX stock dropped below its initial public offering price for the first time on Wednesday, signaling dwindling hype around the Elon Musk company.Shares dipped below their IPO price of...
Malaysia says higher energy prices will support subsidy spending
The government said it could spend up to RM40 billion (US$9.83 billion) on fuel subsidies this yearPublished Wed, Jul 15, 2026 · 12:46 PM[KUALA LUMPUR] Malaysia said on Wednesday...
Shein executive chairman to step down as IPO nears completion: sources
Published Tue, Jul 14, 2026 · 06:38 AM[LONDON/HONG KONG] Shein executive chairman Donald Tang will step down as his mission of taking the company public nears completion, three sources...
SK Hynix debut is a bet that AI breaks boom-and-bust chip cycle
It raised US$26.5b with its offering, and much of that is going toward expanding chip manufacturingPublished Sun, Jul 12, 2026 · 10:18 PMSOUTH Korean memory chipmaker SK Hynix just...
Billionaire exodus? California drew 10 times more venture capital than any other state this year
Despite concerns that California’s costs and regulations are bad for business, the state has attracted an unprecedented pile of capital this year, and no other state is even close....
Meta’s new AI image generation tool raises alarm in Hollywood and on Instagram
A new tool that lets people take publicly posted Instagram photos and use AI to generate new images from them is creating a backlash in Hollywood.Instagram’s parent company, Meta,...
Fed policymakers’ inflation concerns grew at June meeting, minutes show
Published Thu, Jul 9, 2026 · 06:43 AM[WASHINGTON] Concern about high inflation mounted at the US central bank’s meeting last month, as officials followed Federal Reserve Chairman Kevin Warsh’s lead...