(Reuters) - Citi expects increased momentum in Asian fundraising for tech companies into 2025, driven by developments in artificial intelligence and robust activity in India and Taiwan, the Wall Street bank said on Thursday. The bank, which raised the most funds for tech companies in Asia outside Japan, estimated at least a 10% increase in fundraising volumes in the technology,...

05:09 AM EST, 01/23/2025 (MT Newswires) -- (Updates with the stock move in the headline and the second paragraph.) CTRL Group ( MCTR ) said Wednesday it priced an initial public offering of 2 million ordinary shares at $4 apiece for gross proceeds of $8 million. The Hong Kong marketing and advertising services provider began trading on the Nasdaq under...

TOKYO, Jan 23 (Reuters) - Nissan Motor ( NSANF ) plans to procure batteries for electric vehicles sold in the U.S. from South Korea's SK On from around 2028 onwards, the Nikkei newspaper said on Thursday, as the troubled Japanese automaker looks to ramp up its EV business as part of a planned turnaround. Separately, a Nissan ( NSANF )...

LONDON, Jan 23 (Reuters) - Shell's head of downstream and renewables Huibert Vigeveno will step down after 30 years with the energy major and be replaced by insider Machteld de Haan, the company said on Thursday. De Haan, who joined Shell in 1998 and has been executive vice president of Shell's chemicals and products business since 2023, will take on...