The Finnish group gained over 20%, or $7 bln, after the chip giant unveiled a $1 bln investment. But the partnership is not ...

US and European lenders from Deutsche to Santander and JPMorgan are worth some 50% more, as a multiple of book value, than ...

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 ...

Japan is backing a provisional $80 bln plan with Brookfield, the US government and others to build power plants. It’s the ...

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

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

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

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 ...

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 Swiss group’s slowing revenue raised the risk of a costly acquisition. CEO Vas Narasimhan has avoided that danger with ...