The Wall Street giant stated in a LinkedIn post using Dealogic statistics that it has overseen over $1 trillion worth of announced mergers and acquisitions
Category: WORLD NEWS
SpaceX acquires AI coding startup Cursor for $60 billion to surpass Anthropic and OpenAI.
Following its Wall Street debut last week, SpaceX will proceed with its $60 billion acquisition of artificial intelligence firm Cursor as Elon Musk’s space exploration
Fox Corp. and Roku’s $22 billion merger deal is to produce the third-largest US television network by share of viewing.
The streaming pioneer Roku will be acquired by Fox Corp. in a cash-and-stock deal worth around $22 billion, including debt. In addition to the Roku
U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
U.S. banking regulators are increasing their scrutiny of how lenders use artificial intelligence as the emerging technology spreads throughout the sector. They are pressing companies
Elon Musk becomes the first trillionaire in history as SpaceX goes public.
Even though Elon Musk may never populate Mars as he has claimed, enough investors view the inventor of SpaceX as a kind of miracle worker
The U.K.’s Frasers Group offers to buy struggling German fashion brand Hugo Boss for $2.31 billion.
The British billionaire Mike Ashley’s shop, Frasers Group, made a €2 billion ($2.31 billion) acquisition offer for the faltering German fashion brand Hugo Boss on
Japan’s three top banks to jointly issue stablecoins by March 2027.
In an indication of the growing popularity of digital payments in a nation where cash and credit cards are still widely used, Japan’s three biggest
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
The European Banking Federation stated on Tuesday that Europe confronts a growing €1.4 trillion ($1.62 trillion) yearly investment deficit that could impede its economic goals,
Intel secures a multi-billion-dollar contract for three million Google in-house AI chips.
Alphabet’s Google has placed an order with Intel to construct more than three million tensor processing units in 2028. Although it hasn’t yet placed an
Banco BPM-MPS $58 billion merger deal to form Italy’s second-biggest bank.
Italy’s Banco BPM, announced on Sunday that it will invite Banca Monte dei Paschi di Siena, to talk about a possible merger that would make
