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Investing

Asides

Melbourne biotech Cartherics raises $15m for ovarian cancer stem cell trial

The funds will also advance Cartherics to target stem cell therapy programs for pancreatic, gastric, liver, kidney, and prostate cancers.

  • By Shivaune Field
  • Business Journalist

How Donald Trump climbed back onto The Forbes 400

Out of office, the former president has transformed his fortune, converting a real-estate empire into a political profit machine.

  • By Dan Alexander
  • Forbes Staff

Taylor Swift, Magic Johnson, Sam Altman: The American billionaires too poor to make the 2024 Forbes 400 List

When being a billionaire just isn’t enough.

  • By Jemima McEvoy
  • Forbes Staff

‘Game-changer’: Consumer insights start-up Ideally banks $5.5 million

Ideally, which launched in 2023 to transform marketing and campaign management with real-time consumer insights, has raised $5.5 million to fuel its US expansion.

  • By Anastasia Santoreneos
  • Journalist & List Editor
Virgin. Image: Getty

Qatar Airways to buy 25% stake in Virgin Australia

Qatar Airways has agreed to acquire a 25% stake in Virgin Australia, positioning the Australian airline to re-enter long-haul international routes. The deal awaits regulatory approval from the Foreign Investment Review Board.

  • By Samuel Hussey
  • Head of News & Life

Elon Musk’s X is now worth around a fifth of the $44 billion he paid for it

Fidelity has repeatedly cut the value of its stake in the social media firm since Musk’s acquisition.

  • By Ty Roush
  • Forbes Staff

Billionaire Peter Thiel sold $600 million of Palantir stock this week

As data mining firm Palantir’s shares continue to climb, Thiel is cashing out. He’s not the only Palantir insider doing so.

  • By Phoebe Liu

Why Bitcoin’s biggest banker is making a risky move

Coinbase’s Brian Armstrong created one of crypto’s central players, a fee-gushing monster that holds more than a tenth of all the Bitcoin ever minted. But now, in the cause of “decentralization,” he’s pursuing a new path.

  • By Javier Paz

BlackRock is quietly backing a radical new US dollar rival amid a Bitcoin and crypto price boom

The bitcoin price has more than doubled over the last year, pushed higher by the world’s largest asset manager BlackRock’s embrace of crypto.

  • By Billy Bambrough - Contributor
  • Senior Contributor

L’Oreal heiress Francoise Meyers becomes world’s richest woman

Walton overtook Meyers as the world’s richest woman early this month, the first time she secured the title since May 2022.

  • By Antonio Pequeño IV
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