Investing

The seed round was led by Blacknova VC, Salus Ventures and CoVentures. Phantm works Starbucks Australia and MECCA to replace plastic with sustainable alternatives.

Chief executive Bjorn Gulden said the scenario is “financially the worst case.”

As revenue in the fashion market grows, new research into social media data and Google search results has revealed Nike to be the world’s most valuable brand.

WeWork joins the likes of Bed Bath & Beyond and SVB Financial as headlines of the busiest year for corporate bankruptcies since 2020.

Shares for the office-sharing company have fallen nearly 99% this year.

Musk debuted xAI’s AI chatbot Grok over the weekend, though it is in a “very early beta” stage and only available to certain X subscribers.

She’s not there yet but iron ore billionaire Gina Rinehart is on her way to being crowned the world’s first lithium queen.

Get ready for a Melbourne Cup-day rate rise was the consensus opinion from an economics panel at the Forbes Business summit in Sydney. 

John Paul DeJoria went from living out of a car to becoming a shampoo and tequila billionaire. Some forty years after he struck it rich, he shares investing wisdom he’s gained along the way.

Make Ron Shaich angry and he might build a business to compete against you, or a political party to defeat you. He speaks with Forbes about lessons in business and life.