A listing for cash-bleeding OpenAI or Anthropic might seem needlessly far-fetched while they enjoy lavish private backing.
Chow Tai Fook's $4.3 bln sale of its Australian energy group to the Temasek-backed company frees up cash the Chengs could use ...
A $3 bln rights issue marks the group’s biggest and most open capital call since a short-seller hit in 2023. Earnings now ...
Chair Larry Ellison’s pledge to up data center spending after burning $10 bln in the quarter helped tank shares by $92 bln.
The country’s failure to break out of its near-two-decade economic lethargy is destabilising its politics – a common ...
The tech titan’s revaluation of its stake in the unprofitable AI venture represented nearly half its $21 bln third-quarter ...
Investors see a 0% probability of tighter US monetary policy in 2026, yet three Federal Reserve rate-setters disagree.
SEC Chair Paul Atkins wants to trim rules and disclosure requirements to unleash a wave of listings. Yet wild growth in ...
The central bank trimmed interest rates to between 3.5% and 3.75% and penciled in just one reduction next year. It's a clear ...
The media boss coaxed sweeter offers from Paramount by stringing along CEO David Ellison and his billionaire father. He ...
Kyiv is cancelling $3 bln of GDP warrants left over from past debt restructurings. Those unusual contracts were supposed to compensate investors if the country grew quickly. But they’ve now left ...