AI firm Databricks noted a $188 bln ​valuation, making it the ​fourth-largest private tech startup. As ⁠it out-grows app-makers like ​Adobe or Salesforce, it’s also ​encroaching on their most prized ...
Renewed conflict in Iran has left most investors ​unruffled – but only if ​they had spread their money ⁠across indexes. Single stock ​volatility has surged, widening the gap ​with S&P 500 volatility ...
A consortium led by Amit Bhatia, ‌backed by the Mittal family, may take a stake in Liverpool at a $6 bln to $7 bln price ​tag. That's closer to American trophy ​franchise multiples, but still way off.
Fears that machines will turn advice into a commodity ​have erased half the market ​caps, or $100 bln, of Accenture ⁠and Cognizant this year. ​From McKinsey to Grant Thornton, the ​industry is ...
Sanae ‌Takaichi wants to double GDP by 2040 by investing $2 trln across 17 sectors. But ​the prime minister's China-style policy ​roadmap lacks detail, leaving bond traders ⁠to fret about even bigger ...
Temasek and CPPIB are among ‌investors backing the listing of the $187 bln maker of data centre optical transceivers despite Washington adding it ​to a military blacklist. For now the ​rewards of ...
A shock ‌50% levy on $20 bln of Canadian imports fits the US administration’s bullying tactics. Maintaining ​uncertainty as a trade deal hangs ​in the balance might seem a ⁠way to maximize leverage.
The ‌London Stock Exchange is the latest bourse to allow punters to buy and sell ​securities day and night. Turning ​the $24 trln market into a round-the-clock ⁠arena could lead to volatile ​prices ...
Unilever is ‌splitting itself apart and Kraft Heinz considered it. Analysts have asked the obvious ​question of the $274 bln KitKat-to-kibble ​conglomerate. Yet Nestlé’s high multiple, and ⁠thin ...
Cutting the 5% VAT ‌on electricity bills and picking John Healey as finance minister suggests Britain’s new prime minister is focused ​on the cost of living. It may ​calm turbulent UK politics, but ...
John Healey inherits rising ​spending, higher debt and ​weak growth. The answer is not ⁠loosening fiscal rules but ​measuring British government assets and ​non-debt liabilities – and showing that ...
Brussels hit Alibaba's AliExpress with a record $629 mln fine for selling illegal and unsafe ​products. As a trade imbalance ​with China widens, pushback against low-value ⁠e-commerce imports is ...