- Reuters
AIG to sell 20% stake in Corebridge for $3.8 billion
The stake would be sold to Nippon Life Insurance Company, and the deal is expected to close by the first quarter of 2025, AIG said. AIG also said it would maintain a 9.9% stake in Corebridge for two years after the deal closes.
- Reuters
India's Zoho plans $700 million foray into chipmaking
Indian software firm Zoho is planning a foray into chipmaking and seeking incentives from the federal government, two sources with direct knowledge of the proposal said, with one of them pegging the investment plan at $700 million. Zoho, established in 1996 and now headquartered in India's Tamil Nadu, offers software and related services on subscription to businesses in 150 countries, competing with the likes of Microsoft and Salesforce. It is the latest company to seek financial sweeteners from the government to set up a chip fabrication plant.
- The Independent
Fury v Usyk LIVE: Start time, undercard and latest updates ahead of press conference in Saudi Arabia
Tyson Fury and Oleksandr Usyk will trade words at a press conference today, before their undisputed heavyweight title fight on Saturday
