Apollo bets big in Europe with a €10 billion credit platform.
On Monday, Apollo rolled out a European credit platform worth €10 billion ($11.2 billion), designed to capture growing appetite for private funding as the continent
Africa bankrolls its own $5B energy bank.
Afreximbank on Saturday said the Africa Energy Bank has been legally created by the African Export-Import Bank and the African Petroleum Producers' Organization. Even while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Marvell buys Lumentum for $115 billion, doubling down on AI.
In a $115 billion all-stock deal that includes debt, Marvell Technology is acquiring optical components manufacturer Lumentum. The bespoke chipmaker is competing with larger rival
Africa bankrolls its own $5B energy bank.
Afreximbank on Saturday said the Africa Energy Bank has been legally created by the African Export-Import Bank and the African Petroleum Producers’ Organization. Even while
Nasdaq faces a $2 trillion hit this October as AI doubts grow.
Big Tech earnings have sharpened investor doubts over whether heavy AI spending will pay off fast enough, and the tech-focused Nasdaq 100 is on track
Russia’s nuclear push into Africa: four states, big reactors.
The president of Russian nuclear firm Rosatom stated on Friday that Russia is in talks with four nations on major nuclear projects and is prepared
Binance. $6.3 billion. Biggest heist ever.
The largest cryptocurrency exchange in the world, Binance, lost $6.3 billion to hackers in a historic theft that analysts blamed on North Korea and warned
DoorDash to acquire Instacart in a $17 billion grocery-grab deal.
DoorDash has proposed a $17 billion acquisition of Instacart, a deal that would significantly concentrate the grocery delivery market and strengthen DoorDash’s position in that
ECB President Christine Lagarde quits 9 months early. Big blow.
Nine months before her term ends, European Central Bank President Christine Lagarde will step down. This will allow European leaders to select a replacement before
Chipmaker SK Hynix cashes in big, then hands shareholders $75 billion.
South Korea’s SK Hynix announced on Wednesday that it will return almost $75 billion to shareholders this year. The company reported a more than seven-fold
Wall Street Banks and Blackstone Pour $63B Into Anthropic’s Broadcom AI Chips.
In one of the biggest debt deals associated with the AI buildout, Bank of America, Blackstone, Citi, and Morgan Stanley will offer $63 billion in
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