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Goldman Sachs’ $1 trillion first-half M&A volume creates a new benchmark for dealmaking.
SpaceX acquires AI coding startup Cursor for $60 billion to surpass Anthropic and OpenAI.
Fox Corp. and Roku’s $22 billion merger deal is to produce the third-largest US television network by share of viewing.
U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
Elon Musk becomes the first trillionaire in history as SpaceX goes public.
The U.K.’s Frasers Group offers to buy struggling German fashion brand Hugo Boss for $2.31 billion.
Japan’s three top banks to jointly issue stablecoins by March 2027.
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
Intel secures a multi-billion-dollar contract for three million Google in-house AI chips.
The head of Nigeria’s upstream regulator stated on Monday that the country’s oil production has risen to 1.78 million barrels per day (bpd) on average,
In a move that is expected to allay bank concerns on a redress plan that some analysts had warned may cost tens of billions of
In a filing on Thursday, Meta Platforms revealed plans to sell $2 billion worth of data center assets as part of its ongoing efforts to
On Friday, President Donald Trump criticized Fed Chair Jerome Powell for failing to lower short-term interest rates and called on the board of governors to
Microsoft reported on Wednesday that its flagship Azure cloud computing platform generated over $75 billion in annual revenue, representing a 34% increase over the previous
In response to claims that Meta Platforms misused its power by integrating its artificial intelligence tool on the messaging app WhatsApp, Italy’s antitrust body announced
By placing a 15% import duty on the majority of EU goods, which is half the feared rate, the U.S. and the European Union reached
In a document released by the government agency and obtained by reporters, Mexico’s antitrust watchdog COFECE concluded that 21 banks and financial organizations operating in
After receiving regulatory permission for the $8.4 billion agreement, Paramount Global stated on Friday that it anticipates finishing its merger with Skydance Media by August
The U.S. social media company Meta Platforms announced on Friday that it will stop political, electoral, and social issue advertising on its platform in the
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