San Francisco-based robotics startup Physical Intelligence has secured $400 million in funding, reaching a post-money valuation of $2.4 billion, the company confirmed on November 4 according to a detailed report by CNBC.

Jeff Bezos, OpenAI back robot startup physical intelligence at $2.4 billion valuation

Lulu Retail Holdings Plc's Abu Dhabi initial public offering (IPO) is expected to raise $1.43 billion at the top end of the set range, making it UAE's biggest listing of the year, reported Bloomberg on Monday, November 4.

Lulu Retail Holdings expects to raise $1.43 billion from its Abu Dhabi IPO

Boeing’s US West Coast factory workers are voting on a revised contract offer that could end a seven-week strike, which has disrupted production of key aircraft like the 737 MAX as detailed in a report by Reuters.

Boeing workers vote on new wage deal to end seven-week strike

Bitcoin speculators are bracing for potentially pronounced market volatility in the aftermath of Election Day in the US on Tuesday according to a detailed report by Bloomberg.

Bitcoin traders prepare for fierce price swings with US election just hours away

The Indian rupee plunged to an all-time low on November 4, reaching 84.1150 against the US dollar, as continued foreign investment outflows from Indian stocks overshadowed a weaker dollar that supported other regional currencies according to a report by Reuters.

Rupee hits record low amid equity outflows and US election uncertainty

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earnings from China highlight these problems, according to a detailed report by Reuters.

Cost cutting necessary after 'decades of structural problems: Volkswagen CEO

As China prepares for a pivotal week, the outcome of the US presidential election could significantly shape the scale of its upcoming economic stimulus according to a detailed report by CNBC.

China braces for critical week amid US election and anticipated stimulus plans

Boeing, a titan in the aerospace industry for over sixty years, is reportedly considering divesting parts of its space enterprise, stirring concern among industry experts according to a detailed report by The Guardian.

Boeing's space legacy at risk as sale rumours emerge: Report

As the US prepares for Tuesday's presidential election, the Federal Reserve is poised to make a more predictable decision on interest rates just two days later. With inflation showing signs of easing, the Fed is expected to cut interest rates for the second time this year according to a detailed report by Associated Press.

Fed set to cut rates amid election uncertainty and cooling inflation

Alibaba Group Holding is reducing its metaverse operations, according to a source familiar with the matter. This makes it the latest Big Tech company to pull resources from the once-popular sector, as detailed in a South China Morning Post report.

Alibaba cuts 'dozens of employees' at metaverse unit as hype in sector drops

Foreign investors pulled out a massive Rs 94,000 crore (around $11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks according to a report detailed by the Press Trust of India.

FPIs pull out record Rs 94,000 crore from equities in October on attractive China valuation

Blackstone is in advanced talks to acquire Retail Opportunity Investments Corp (ROIC), which owns US shopping centers and has a market value of $3.4 billion including debt, according to people familiar with the matter, as detailed in an exclusive report by Reuters.

Blackstone nears deal to acquire shopping center owner Retail Opportunity

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