Morgan Stanley analysts calculated on Wednesday that large U.S. banks might be able to release up to $320 billion in capital under updated draft regulations
Category: WORLD NEWS
Developing nations in Europe and Central Asia face a downturn from the Middle East crisis, the World Bank says.
The World Bank on Wednesday said emerging and developing economies in Europe and Central Asia could see a severe slowdown this year due to a
Ackman’s Pershing Square bids $64 billion for Universal Music Group, the Taylor Swift label.
In a cash-and-stock deal worth over $64 billion, activist investor Bill Ackman’s Pershing Square Capital Management is proposing to buy Taylor Swift and Bad Bunny’s
The EU is considering reviving crisis measures in response to the war in Iran, says the energy chief.
In response to soaring fuel costs brought on by the war in Iran, five European Union finance ministers are advocating for a tax on windfall
Microsoft commits $10 billion to expand cyber defence and AI in Japan.
Microsoft announced on Friday that it will invest 1.6 trillion yen ($10 billion) in Japan between 2026 and 2029 to bolster cybersecurity cooperation with the
Goldman Sachs acquires Innovator Capital with 240 ETFs globally valued at $90 billion.
Goldman Sachs announced on Thursday that it had successfully acquired Innovator Capital Management, an active exchange-traded fund provider, increasing the Wall Street bank’s footprint in
Sysco acquires Restaurant Depot in a $29 billion deal to enter the high-margin restaurant business.
In a deal valued at over $29 billion, Sysco, the biggest food distributor in the country, will purchase supplier Restaurant Depot. Through the acquisition, Sysco
Global awareness for renewable energy came to the fore with the energy impact of the Iran War.
Calls for accelerating the transition to renewable energy are becoming more urgent as the war in Iran highlights the world’s dependence on precarious fossil fuel
SoftBank obtains a $40 billion loan to increase its investments in OpenAI.
SoftBank Group said on Friday that it has obtained a $40 billion bridge loan to support investments in OpenAI, the company that makes ChatGPT, as
Equitable and Corebridge are negotiating a merger to establish a $22 billion insurer.
Equitable and Corebridge are in talks to merge in an all-stock merger that would create a $22 billion retirement, asset management, and wealth management juggernaut.
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