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CXMT is reportedly preparing a NAND flash research and development production line in Beijing as the newly listed Chinese memory-chip company expands beyond DRAM. Representative image.

CXMT targets NAND flash as $8.6bn IPO gives China’s memory champion room to expand

Morgan Stanley’s North Haven Private Income Fund is working through another oversubscribed repurchase offer as private-credit liquidity demand remains elevated. Representative image.

Morgan Stanley private credit fund again gets withdrawal requests above its 5% limit

OpenAI reportedly expects hundreds of billions of dollars of negative free cash flow as it finances massive computing and data-centre expansion through 2030. Representative image.

OpenAI’s reported $278bn cash burn reveals the financing scale behind frontier AI

Taboola.com Ltd. has agreed to acquire finance-focused advertising technology company Dianomi plc for £19 million in guaranteed cash consideration and up to £27 million including contingent payments. Representative image.

Taboola offers up to £27m for Dianomi as AI reshapes digital advertising

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General business news

Who replaces Judy Marks? Otis starts CEO search as service business becomes more critical

Otis Worldwide Corporation has begun a global search for Judy Marks’ successor as the executive who led its 2020 separation prepares to retire, leaving the next CEO to manage a 72,000-person workforce, accelerating service growth and continued weakness in new equipment.

byPallavi Madhiraju

September 16, 2026

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