Type: sale

A leather jacket worn by Nvidia CEO Jensen Huang sold for $960,000 at a Sotheby's auction, significantly exceeding its estimated value and highlighting the growing interest in collectibles linked to the AI sector.

Singtel has divested 2.8% of its stake in Gulf Development for approximately S$1 billion to fund new investments, particularly in AI and data centers, while maintaining a significant stake in the company.

Yum Brands is divesting Pizza Hut for approximately $2.7 billion, a move aimed at maximizing shareholder value and addressing the chain's ongoing struggles in the competitive pizza market.