Apollo, KKR and others turbo-charged their credit divisions by selling annuities. It drove a surge in sales of the retirement products to $434 bln in 2024. Yet with investment returns falling, the ...

ChatGPT’s parent has ditched its quirky structure, relaxing Microsoft’s exclusive grip. The tech giant gets 27% of the $500 ...

Unlike rival Ericsson, the $36 bln Finnish group sells networking kit to giant data centres. That means it’s exposed to the ...

Japan is backing a provisional $80 bln plan with Brookfield, the US government and others to build power plants. It’s the latest sign of how complex and contingent funding artificial intelligence has ...

Skyworks and Qorvo, whose semiconductors power iPhones, unveiled a deal that caps years of prodding from pushy investor Starboard. The promised savings are chunky, helping win over shareholders in ...

The 75 bln euro French bank's shares slipped despite respectable results, widening the discount it is trading at compared to peers. Its capital ratio looked healthier, but is still relatively slim.

Turkey or Down Under for the next UN climate summit. Canberra wants to co-host with Pacific states at risk from rising seas – ...

The ChatGPT developer has again whipped up consumer fervor with video generator Sora. Among higher-paying enterprise ...

Pushy hedge fund boss Nelson Peltz is leading a $7 bln takeover bid for Janus Henderson, five years after disclosing a stake.

Apollo and KKR will invest $7 bln across Keurig Dr Pepper’s soon-to-split java and soda units. Like deals with chipmaker ...

Blackstone is the newest entrant to a fundraising party at India’s small lenders. The U.S. private equity group is paying roughly 62 billion rupees ( $705 million) for warrants that would amount to a ...

It hasn’t produced an answer to OpenAI or DeepSeek. But Google’s $15 bln data centre bet and Tata Consultancy’s spending show ...